Mastering The Business of Health Care

MASTERING THE BUSINESS OF- HEALTH CARE As a health care professional, you know how important it is to stay current with the ever-changing landscape of the field. Plenty of knowledge and experience can be acquired hands-on at your job, but to achieve mastery, you may need to step up to a higher level of education. Learn how a Master of Health Administration online from Ohio University can help you truly master the business of health care. A MASTER'S IN HEALTH CARE ADMINISTRATION CAN UNLOCK DOORS TO ADVANCEMENT IN YOUR CAREER, GRANTING ELIGIBILITY FOR MORE SENIOR POSITIONS Those currently working in clinical health care can move to administrative positions- e.g. an RN could become a Nursing Service Administrator It can also open opportunities in medicine or provide skills needed to run one's own practice REASONS TO INCREASE YOUR MASTERY OF THE INDUSTRY Open up additional advancement Earn better pay Obtain a broader skill Pursue your passion for health care Take advantage of the accelerating job market set opportunities not possible without higher education JOB OUTLOOK FOR MEDICAL AND HEALTH SERVICES MANAGERS 50% Health care professionals wanting to move into new areas in their field may need a master's degree to do so 40% 39% 22% 30% - 14% For example, a supervisory RN wanting to move up to a nursing services administrator would need 20% - 7% administrative experience AND a graduate degree 10% - 0% of Medical and Health Requiring a graduate degree is becoming more common for many administrative and executive Projected Services Managers work in state, local, or private hospitals All All 2010-2020 Occupations Management Occupations Growth positions THERE WERE 303,000 JOBS IN HEALTH SERVICES MANAGEMENT IN 2010 A = 5,000 MEDIAN SALARIES FOR HEALTH ADMINISTRATION CAREERS BY CAREER PRACTICE MANAGER: With a BS: $ 47,500 With an MHA: $68,986 PRACTICE ADMINISTRATOR: With a BS: $ 63,345 With an MHA: $77,419 HEALTH CARE ADMINISTRATOR: With a BS: $60,000 With an MHA: $78,422 EXECUTIVE DIRECTOR: With an MHA: $93,228 DIRECTOR OF OPERATIONS: With an MHA: $ 96,486 CHIEF OPERATING OFFICER: With an MHA: $150,432 BY SETTING COMMUNITY / HOME HEALTH: EXTENDED CARE/ NURSING HOME: AMBULATORY CARE / SURGERY CENTER: GENERAL HOSPITAL: %24 BS MHA BS МНА МНА BS МНА TIPS FOR FINDING THE ADMINISTRATIVE HEALTH CARE JOB YOU LOVE Pursue an MHA online to open up new and higher-paying opportunities and connect with professionals all over the country Attend conferences and Become a member of a Distribute your resume and get your name out there - don't stop reaching out until you have exhausted every opportunity network, network, network professional organization and use its resources (job search, networking opportunities, events, job fairs, volunteer listings) to your full advantage you can think of to connect! CHECK OUT THE HIGHLY RANKED MASTER OF HEALTH ADMINISTRATION PROGRAM AT OHIO UNIVERSITY AND LEARN HOW YOU CAN ADVANCE YOUR CAREER THROUGH FLEXIBLE ONLINE STUDY WITHOUT PUTTING IT ON HOLD. HEALTHADMIN.OHIO.EDU SOURCES http://www.bls.gov/ooh/Management/Medical-and-health-services-managers.htm#tab-4 http://education.yahoo.net/articles/why_go_to_grad_school.htm http://www.bls.gov/ooh/Management/Medical-and-health-services-managers.htm http://www.bls.gov/ooh/healthcare/registered-nurses.htm http://www.payscale.com/research/US/Degree-Bachelor_of_Science_(BS_%2f_BSc)%2c_Health_Care_Administration/Salary http://www.payscale.com/research/US/Degree=Master_of_Health_Administration_(MHAY%2c_Health_Care_Administration/Salary http://www.healthecareers.com/article/3-ways-to-find-the-best-healthcare-administration-job-in-2013/172238 $53,458 $6 8,765 916'0S $ $80,903 $ 52,840 9 £'98$ $68,488 $92,893