The value of a Health Management Degree


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The value of a Health Management Degree

According to the US  Bureau of Labor Statistics, "Medical and health services managers held about 248,000 jobs in 2004. About 30 percent worked in private hospitals, and another 16 percent worked in offices of physicians or in nursing care facilities." This information shows the demand for the healthcare professionals. And any growing industry needs good managers. Health management degrees help these future managers refine their management skills for smooth functioning of the healthcare industry.

A degree in healthcare management equip you with current information related to the healthcare industry and also help you develop good business skills, self-discipline, critical thinking, and comprehension skills.

Health Management Degrees

You have the option to choose from a diploma, an associate's degree, a bachelor's degree, a master's degree or a doctorate program in health management. Some of the courses that you can choose from are a degree in Health and Human Services Management, Health Care Management: Long Term Care, Business Administration in Healthcare Management.

Value Added With Health Management Degrees

  • Health Management Career Opportunities

With a degree in health management you can work as Clinical managers, Health information managers and Medical and health services managers. Some Other career options include working as Hospital Administrator, Medical Sales Representatives, Clinical Researchers, Medical Consultants, Medical Lawyers and Medical Insurance Agents. You can choose to work at different levels in this industry.

  • Salary Prospects

Professionals with a management degree are generally preferred by all employers. Median annual earnings of medical and health services managers were $67,430 in May 2004. The middle 50 percent earned between $52,530 and $88,210. The lowest 10 percent earned less than $41,450, and the highest 10 percent earned more than $117,990. Median annual earnings in the industries employing the largest numbers of medical and health services managers in May 2004 were as follows:

  • Federal Government $87,200
  • General medical and surgical hospitals 71,280
  • Offices of physicians 61,320
  • Nursing care facilities 60,940
  • Home health care services 60,320









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