Career Opportunities
According to the Bureau of Labor Statistics:
Employment of medical and health services managers is expected to grow faster than average. Job opportunities should be good, especially for applicants with work experience in the health care field and strong business management skills.
Employment change. Employment of medical and health services managers is expected to grow 16 percent from 2006 to 2016, faster than the average for all occupations. The health care industry will continue to expand and diversify, requiring managers to help ensure smooth business operations.
Managers in all settings will be needed to improve quality and efficiency of heath care while controlling costs, as insurance companies and Medicare demand higher levels of accountability. Managers also will be needed to oversee the computerization of patient records and to ensure their security as required by law. Additional demand for managers will stem from the need to recruit workers and increase employee retention, to comply with changing regulations, to implement new technology, and to help improve the health of their communities by emphasizing preventive care.
Hospitals will continue to employ the most medical and health services managers over the 2006-16 decade. However, the number of new jobs created is expected to increase at a slower rate in hospitals than in many other industries because of the growing use of clinics and other outpatient care sites. Despite relatively slow employment growth, a large number of new jobs will be created because of the industry’s large size.
Employment will grow fastest in practitioners’ offices and in home health care agencies. Many services previously provided in hospitals will continue to shift to these settings, especially as medical technologies improve. Demand in medical group practice management will grow as medical group practices become larger and more complex.
Medical and health services managers also will be employed by health care management companies that provide management services to hospitals and other organizations and to specific departments such as emergency, information management systems, managed care contract negotiations, and physician recruiting.
Job prospects. Job opportunities will be good, especially for applicants with work experience in the health care field and strong business management skills should have the best opportunities. Medical and health services managers with experience in large hospital facilities will enjoy an advantage in the job market, as hospital become larger and more complex. Competition for jobs at the highest management levels will be keen because of the high pay prestige.
Median annual earnings as published by the U.S. Dept. of Labor (2006)
| General medical and surgical hospitals | $78,660 |
| Outpatient care centers | $67,920 |
| Offices of physicians | $67,540 |
| Nursing care facilities | $66,730 |
| Home health care services | $66,720 |
*Earnings of health care managers vary by type and size of facility, as well as by level of experience and responsibility. Medical manufacturing not included.
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