Health administration professionals play a significant role in managing healthcare operations across an expansive industry. Healthcare administrators serve as key bridges between practitioners and administration to keep hospitals performing optimally.
With healthcare continuing to grow exponentially, a healthcare administration degree offers a promising pathway to leadership positions.
Pursuing an online healthcare administration degree benefits those interested in healthcare management roles.
Have a look at some of the reasons you should seek a bachelor’s degree in healthcare administration.
- Prepared To Tackle Industry Challenges
Healthcare administrators work on the front lines, addressing some of the most pressing issues facing healthcare delivery today. Around 56% of American adults indicated dissatisfaction with the nature of healthcare.
That report indicates the importance of educated health administrators. Pursuing a degree in healthcare administration and specializations related to leadership provides graduates with the skills to improve healthcare in America.
Graduates are qualified to tackle efficiency improvement, cost reduction, care access expansion, quality advancement, and improved patient health equity. Educated administrators ultimately design systemic solutions that healthcare practitioners apply in practice.
- Healthcare Administration Bachelor’s Degree Opens Doors To Rising Demand Roles
The U.S. Bureau of Labor Statistics projects healthcare administrator jobs will expand over 4x faster than the average across all occupations. Consequently, healthcare administrator positions will increase as healthcare shifts to value-based models, preventive care, and population health.
With the ongoing shortage of qualified healthcare administrators across hospitals and health systems, degree holders will be invaluable. Again as healthcare continues expanding, skilled administrators are essential for managing operations and improving efficiencies.
Specialized healthcare administrators roles like nursing care administrators and clinic managers are in the highest demand. Graduates holding up-to-date degrees capitalize on these trends.
- Better Salary & Leadership Potential
In addition to seeing the most new jobs created, graduates get higher than average compensation. The high pay is reflective of their importance and complex responsibilities.
Average annual salaries for medical and health services managers range between $85,000 and $141,000 in 2023. This greatly exceeds the median wage across all U.S. occupations at around $45,760.
With their deep experience managing complex healthcare systems, administrators continue earning promotions up the leadership ranks. They can rise to Chief Nursing Officer, Hospital Administrator, Executive Director, or senior-level administrative titles.
Health administrators earn even more after gaining department leadership roles or executive experience. Pursuing an online healthcare admin degree further bolsters salary potential.
- Make an Impact on Local Communities
Perhaps most rewarding, healthcare administrator degree holders manage initiatives advancing care access and equitable outcomes for patients and needy communities. This was evident after the COVID-19 crisis highlighted gaps in care infrastructure across many demographics.
Online degree holders keep local facilities functioning while innovating improved delivery models benefitting vulnerable groups. Healthcare administrators actively strengthen the neighborhoods they call home.
Conclusion
The fast-changing nature of American healthcare amplifies the necessity for holders of healthcare administration bachelor’s degrees. A degree from an accredited university or college provides invaluable competencies to provide care to patients in need. Earning an online healthcare administration degree offers unparalleled conveniences for aspiring health administrators.