Everyone’s thoughts turned to healthcare after the COVID-19 pandemic. The importance of healthcare personnel has been brought to the forefront of global discourse, from discussions on how to contain diseases to evaluations of current treatment practices.
Everyone’s interactions with healthcare providers are shaped by the doctor’s ability to make quick, informed decisions. So, you can say that a healthcare career is extremely gratifying and lucrative. Leaders in the healthcare industry are just as vital in the fight against sickness and the preservation of human life as on-ground healthcare professionals.
If you’re thinking about a healthcare career but aren’t sure if you want to be a provider, a healthcare administration degree can place you on the front lines of the industry and prepare you for various positions.
So, let’s discuss some advantages of pursuing a healthcare administration degree.
1. There is a high demand Of Healthcare Administration
The demand for healthcare administration is growing at a rapid rate. Every year, an alarming number of people succumb to death by having medicine that is not certified. Mostly in middle and low-income countries, some mafias sell uncertified drugs. This problem is spreading wildly, and it has also affected nearly every region in the world. Organizations are hiring healthcare administrators all over the globe to counter-attack it to protect people’s lives. Thus, resulting in the demand for healthcare administration. The professionals in health administration in developed countries are now trying to find ways to stop people from buying falsified medicines and eradicate this problem from its core.
2. There is good job potential
The world’s population is growing, and healthcare is trying to keep up with its pace. The employment rate of health services is anticipated to boost by 18% by 2028, having 406,100 jobs. The workers behind the stage ensure the quality of medical researchers, health data analysts, and much more.
When you earn your degree in healthcare administration, you will have a variety of places to work. You can choose whatever you are comfortable with. There are limitless options, from rural hospitals to large community hospitals, private or public health clinics, rehab centers, pharmaceutical companies, research organizations, consulting firms, or insurance companies. You can even work as a full-time or part-time teacher for healthcare administration.
The most in-demand jobs in healthcare administration are:
- Nursing home administrator
- Healthcare marketing manager
- Health insurance manager
- Chief nursing officer
- Health information technology specialist
3. You can work in different fields
A degree in healthcare administration polishes leadership skills and helps in self-improvement as the training you acquire assists you in making a difference. If you earn this degree, you don’t necessarily have to work in a hospital or clinic.
For example, healthcare administration graduates can also get jobs in the following fields.
- Health insurance
- Long term care
In a nutshell, this field’s diversity is worth considering when planning your future.
4. You can earn good wages
With a healthcare administration degree, it isn’t only easy to get employed, but you can also work for exceptional wages. The June 2021 report of Payscale salary reported that the people who work in health administrations earn an average yearly pay of over $70,000. Intermediate-level jobs in healthcare administration earn just about $58,000, even with less experience.
5. You will have a secure Job
Generation X is shifting to their retirement age, and senior citizens are expected to have a long lifespan and remain more active than any generation passed before. People are living significantly longer and with much more complex ailments and diseases, necessitating ever-growing healthcare facilities. It means that there will always be a need for medical professionals, regardless of the path you choose to take.
Jobs for medical and health services managers are expected to grow by 32 percent from 2020 to 2030, making this an excellent time to enter the field.
The healthcare industry is booming, and working in it can lead to excellent financial rewards and promising professional prospects.
6. You create a positive impact
One of the primary responsibilities of a healthcare administrator is to ensure that hospitals and clinics have the supplies they need to provide quality care.
Despite their lack of hands-on involvement in patient care, healthcare administrators still have significant effects on their lives. They are dedicated to improving the standard of treatment provided by a hospital or clinic and they back unique health promotion programs. It’s a great way to give back to the community while helping people in greatest need of medical attention.
7. You can support medical professionals
Talk to healthcare workers for any length of time, and you’re bound to hear them complain about burnout caused by overwork, poor management, a lack of appreciation, and persistent stress. The healthcare industry is in significant danger because of this burnout. It’s no secret that the medical industry suffers from a severe lack of doctors and nurses. Rising suicide rates have been observed in the healthcare industry. Patients are caught in the middle, confused as to why they have to wait so long to see a doctor only to be seen by an overworked professional who is frazzled and unable to provide their full attention to their care.
Administrators in the healthcare field who have a firm grasp on what their providers require will be better equipped to fight back against harmful policies. If you listen to doctors, nurses, and other health workers, you can create a system that puts their needs first and allows them to better care for patients. Caring leaders who are prepared to try innovative approaches are essential to improving the healthcare system’s many shortcomings.
The Bottom Line
Healthcare administration provides you with jobs that benefit you for a long time. As you look at the pros and cons of careers, consider what will be the best for you and how much you will receive back in return after giving it your time and energy. It would be best if you pursued an education that gives you a sense of pride and purpose.