Why Is the Healthcare Industry a Growing Field?

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So what makes the growing healthcare industry such a promising field? According to the Bureau of Labor Statistics, between 2012 and 2022, employment in occupations related to healthcare in the U.S. is projected to increase by 15.6 million new jobs? [1] This is likely due, in part, to the fact that baby boomers will be hitting an age where they may require quality healthcare services and facilities. [2] Either way, this amounts to a lot of potential employment opportunities.

When you think of the healthcare industry, you may think of doctors, nurses and other specialists, but the reality is that behind every great hospital is a team of healthcare administrators who help ensure that patients receive the best care possible.

Healthcare Industry

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What is healthcare administration?

Healthcare administrators are responsible for making sure that hospitals and other medical facilities run efficiently and effectively.  An ideal healthcare administrator has a strong background in both management and healthcare. If you are looking to work in healthcare while pursuing a leadership role (and not actually practicing medicine), you may want to consider earning your degree in healthcare administration or management.

What are some career options in healthcare administration?    

If you’re considering a career in healthcare administration, there are many different specialties that you can choose from.  For example, medical heath and services managers are responsible for overseeing the ins and outs of healthcare facilities, specific departments, or medical practices. If organization and data management are more of your strong suit, you may want to consider becoming a medical records and health information technician. If you can see yourself working with patients and handling administrative and clinical tasks, pursuing a career as a medical assistant may be a great option for you.

How could I help fund my degree in healthcare administration?

Figuring out how to pay for your degree can be tough. But the good news is that there are a variety of different healthcare administration scholarships out there, if you qualify. If you’re looking for scholarship opportunities, a great place to start is with local governments, clubs and private individuals or foundations. For example, the Cathy L. Brock Memorial Scholarship is a $1,000 award for first or second year grad students pursuing a degree in healthcare administration.[3] Another option to look into is federal student loans, which could help to ease the burden of tuition costs, if you’re eligible.

Sources:

[1] bls.gov/news.release/ecopro.nr0.htm | [2] census.gov/prod/2014pubs/p25-1141.pdf (pg. 1)|[3]careerinfonet.org/scholarshipsearch/

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