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4 Reasons to pursue an MBA in Healthcare Management

The field of healthcare covers a wide variety of jobs, and individuals interested in pursuing a degree in the field have plenty of options. If you currently work in the healthcare field and are looking to advance your career, but you are not sure which direction to take, one degree you may want to consider is an online healthcare MBA.

Like most healthcare degrees, a Healthcare Management MBA offers several advantages. Here are four healthcare MBA advantages you may want to consider.

1. Rewarding Career

One of the main reasons why people choose an MBA in Healthcare Management is that it can lead to a very rewarding career. Workers in this field get the chance to make real differences in the lives of those around them. Clinicians and other staff count on them to manage operations and financial and policy matters on a daily basis to create efficient processes that ensure quality care and patient safety.

2. Ability to Make a Difference

As a healthcare manager, you have a chance to make a real difference by increasing work-flow and efficiency and managing the resources that healthcare providers need to perform their jobs well. You help set and enforce the policies that lead to better quality patient care and patient safety.

3. Good Job Outlook

According to the Bureau of Labor Statistics, the job outlook for medical and health services managers will increase by an impressive 23 percent, which is more than twice the national average. Healthcare is one field that will never go away. People will always need doctors and nurses to help them get well, and hospitals will always need healthcare managers to oversee daily operations.

4. Impressive Income Potential

The salary potential for a person with an MBA in Healthcare Management is relatively large. According to the Bureau of Labor Statistics, the average medical and health services manager’s salary is $88,580, and it can reach more than $150,560. Plus, according to Healthcareadministration.com, employees with a master’s degree can expect to earn as much as 25 percent more than employees with just a bachelor’s degree.

If you love the healthcare job you have currently, but you are looking to further your career, an MBA in Healthcare Management may be just right for you. It gives you skills and expertise that qualify you for jobs in a rewarding, challenging, fast-paced and life-changing sector. It pays well, offers relative job security and comes with other benefits. Once you consider the healthcare MBA benefits, you may realize that an MBA in Healthcare Management is just right for you.

Learn more about the UT Tyler online MBA in Healthcare Management program.


Sources:
Healthcareadministration.com
Bureau of Labor Statistics

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