What Is the Job Outlook for Health Services Administration Careers?
With the health care industry growing, the employment outlook for a career in health services administration remains positive. Read on to find out more about the economic outlook and salary for this career. Schools offering Health Care Administration degrees can also be found in these popular choices.
Employment for health service administration professionals, also called medical and health services managers, will increase by 23% between 2012 and 2022, which is much faster than average, according to the U.S. Bureau of Labor Statistics (BLS) (www.bls.gov). In 2012, there were 315,500 professionals employed in this field, and this number is expected to increase to 388,800 by 2022.
The BLS notes that nursing care facilities, group practices and health practitioners' offices will particularly experience a lot of growth. Individuals with prior experience in the health care industry and business management skills should have the best employment opportunities.
Factors of Growth
The growth in medical and health services manager employment can be attributed to the aging population of the United States. More facilities and workers will be needed to provide these individuals with healthcare over the decade. In addition, this will drive a need for professionals who work in medical information management.
According to the BLS, as the health care industry continues to grow and develop, health care organizations will need managers to:
- Ensure patients receive quality care
- Increase efficiency
- Control costs
- Supervise computerization of patient records
- Oversee compliance to state and federal regulations
- Hire and develop employees
- Implement new technology
The BLS reported that average earnings for medical and health services managers were $98,460 in May 2012. Most earnings fell between $53,940 and $150,560. Out of the top five employers of these managers, general medical and surgical hospitals paid the highest average wage of $104,680. Physicians' offices paid an average of $97,330, while nursing care facilities paid an average wage of $82,240. Out of all industries, these managers made the highest average wages working for computer systems design services ($146,160) and pharmaceutical and medicine manufacturing ($142,210).
Health service administration professionals can work in health care organizations like:
- Long-term care facilities
- Health insurance companies
- Private physicians' practices
- Medical centers and hospitals
- Pharmaceutical companies' retail sales divisions
In addition to health care organizations, these professionals can also work in the following:
- Emergency services
- Physician recruitment
- Information management services
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