If you are thinking of doing an Executive Master of Health Administration degree but are concerned about finding the right role once you have qualified, you have come to the right place.
The demand for healthcare professionals has surged across the globe, and it’s not just registered nurses and physicians that are in need but also healthcare managers and administrators.
Whether you want to work in a busy hospital, a nursing home, a residential center, or a private outpatient clinic with an EMHA, the career possibilities are endless.
Within the below blog, you will discover the top five careers that you can go into with this advanced degree. Plus, how you can fit an EMHA into your hectic schedule.
What is an Executive Master of Health Administration?
The Executive Master of Health Administration, or EMHA, is an advanced degree that is granted to students who have completed the course of study needed for careers in healthcare administration.
Ideal for people who want to pursue a leadership role in the healthcare sector, you can expect to plan, direct and coordinate services in a wide range of healthcare settings.
Whether you choose to enroll in one of the Executive MHA programs online, which are ideal for experienced healthcare professionals, or you prefer to start your learning journey on-campus, an Executive Master of Health Administration can open the door to many high-paying jobs within the healthcare sector.
Furthermore, according to the Bureau of Labor Statistics, the healthcare industry is expected to experience more job growth than any other industry in the next ten years, so you can enjoy peace of mind that your skillset will remain in demand.
What Careers can I go into with an EMHA?
If you are looking for a demanding and diverse role, then a healthcare administrator is a good fit for you. As well as having a passion for healthcare, you will also need to be business-minded and ready to rise to the challenge.
Responsible for ensuring a facility runs effectively and efficiently, some of your daily duties may include:
- Hiring and training new staff members
- Creating and managing budgets
- Overseeing staff scheduling, patient billing, and maintaining health records
- Protecting patient information
- Complying with legal policies and regulations
- Managing equipment and supplies
Average Salary: According to the Bureau of Labor Statistics, the average salary of a Healthcare Manager, which includes healthcare administrators, is $104,280 per annum.
Job Outlook: The employment of healthcare managers and administrators is projected to grow by 32% between 2020 and 2030, much faster than the national average.
Healthcare Operations Manager
Similar to a healthcare administrator, the role of a healthcare operations manager is both varied and exciting. Acting as the main bridge between staff members and patients, you need to have excellent communication and organizational skills.
Some of your daily duties may include:
- Carrying out employee performance reviews
- Identifying areas that need training and development
- Protecting patient data
- Making financial decisions about the facility
- Keeping informed about the latest healthcare policies and regulations
- Collecting and processing data to improve efficiency
- Liaising with other staff members, including healthcare administrators and nurses, as well as patients and their families
Average Salary: According to the Bureau of Labor Statistics, the average salary of a healthcare manager, which includes an operations manager, is $104,280 per annum.
Job Demand: Employment of medical and health services managers is projected to grow 32% from 2020 to 2030, much faster than the average for all occupations.
Hospital Chief Financial Officer (CFO)
If you are interested in both healthcare and finance, then this is the role for you. Responsible for ensuring the financial integrity of a healthcare facility such as a hospital, you need to be able to work well under pressure and confidently liaise with other top-level executives such as chief operating officers and board members.
The main duties of a Hospital CFO include:
- Discussing operational and organizational goals and policies with other top-level executives
- Hiring heads of departments, healthcare managers, and healthcare administrators.
- Identifying areas where you can cut costs and areas where more funding is needed
- Negotiating contracts with suppliers, vendors, and employees
- Reviewing budgets, salaries, and reports
Average Salary: According to the Bureau of Labor Statistics, the average salary of a top executive such as a CFO within the healthcare industry is $107,680 per annum.
Job Demand: Overall employment of top executives is projected to grow 8% from 2020 to 2030, about as fast as the average for all occupations.
Another crucial role in healthcare administration, as a healthcare consultant, you will typically work full-time in a hospital or other clinical setting, seeking out ways to improve health standards, procedures, and policies.
This is a demanding role that requires excellent communication skills as you will be required to collaborate with healthcare administrators and healthcare managers.
On any given day, you may find yourself:
- Carrying out interviews with medical personnel and making observations about the facility and its equipment and supplies
- Analyzing data to collect information on issues and procedures
- Creating written reports on possible solutions/new procedures
- Sharing your findings with leaders and managers
Average Salary: According to the Bureau of Labor Statistics, the average salary for a management analyst, which includes healthcare consultants, is $87,660 per annum.
Job Outlook: Employment of management analysts is projected to grow 14% from 2020 to 2030, faster than the average for all occupations.
If you would like a role that focuses predominantly on patient care, then this may be the future career for you. Responsible for overseeing and developing the clinical setting of a healthcare facility, a clinical director needs to be both business-minded and compassionate.
The typical daily duties of a clinical director may include:
- Hiring evaluations and scheduling
- Providing clinical training to clinical staff and interns
- Budgeting and resourcing for the clinical department
- Devising strategies for the clinical department
Average Salary: According to the Bureau of Labor Statistics, the average salary of a healthcare manager, which includes clinical directors, is $104,280 per annum.
Job Outlook: Employment of medical and health services managers is projected to grow 32% from 2020 to 2030, much faster than the average for all occupations.