Saturday, 25 May 2024

3 Reasons to Get a Healthcare Management Degree ASAP

Healthcare is set to be one of the most innovative, you should try to get a healthcare management degree as healthcare will be in-demand industries for the next decade.

… And the gap between talent and demand is only widening.

But if you’re not interested in becoming a doctor or nurse, how can you have a lucrative career in healthcare? Two words: Healthcare management.

Here’s why a healthcare management degree might be the best career move you ever make.

Demand is High

Actually, the demand for healthcare managers is extremely high. According to the U.S. Bureau of Labor Statistics (BLS), the expected job growth for medical and health services managers is 32% between 2019 and 2029.

Healthcare isn’t going anywhere, and the way we approach healthcare as a nation is likely to evolve to a point that we may even need more managers than actual healthcare providers.

It’s safe to say that there will always be a high demand for educated medical and health services managers.

Extremely High Salary

The median salary for a medical and health services manager in 2019 was $100,980 per year. That averages to about $48.55 per hour.

When you compare the average income to the amount of required schooling and job security, you’re looking at a very lucrative career opportunity. It’s possible to become a medical or health services manager with only an associates degree.

In addition to six-figure income medical and health services managers also get all of the benefits and perks of a salary job. Think high-quality health and dental insurance, stock options, retirement savings and investment matching, vacation time and so much more.

Career Flexibility

A healthcare management degree can be used in many different types of healthcare settings. Many people choose a career in healthcare because they want to offer some type of aid to others a specific area of interest.

Medical and health services managers are needed in every type of healthcare setting. Every type of healthcare you can think of needs someone with a degree in healthcare management. For example, below are some of the fields you could work in as a medical and health services manager.

  • Nursing homes
  • Hospitals
  • Public health
  • Addiction and recovery
  • Universities
  • Insurance and billing
  • Pharmaceuticals
  • Mental and behavioral health
  • Cosmetics and plastic surgery
  • Private practice
  • Telehealth
  • Consumer-facing technology

A degree in healthcare management allows you to follow whatever aspect of healthcare you’re passionate about, all while making a high-quality living.

In addition to having your pick of which sub-category of the healthcare sector you work in, you can work anywhere. That’s anywhere as in anywhere in the world! The high demand for healthcare managers is global!

Ready for a Healthcare Management Degree?

If you’re passionate about the quality of care of others but don’t necessarily want to be a doctor or a nurse, a healthcare management degree could be your ticket to following your passion.

Read More: The 5-Step Guide to Becoming an Ultrasound Technician

Have more questions about the type of education you should pursue? Click over to our home page for even more guides and resources for choosing your future.