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Health System Financial Management

MBA in Healthcare System Management: Online Degree

A Master of Business Administration degree in healthcare system management can lead to a career as a healthcare administrator or manager in places, such as hospitals, doctors offices, outpatient care centers, nursing care facilities or home healthcare facilities. Classes may include Financial Management of Health Institutions, Foundations of Healthcare Systems, Contemporary Issues in Healthcare Policy, Managerial Communications and Healthcare Marketing.

MBA in Healthcare System Management Online Degree Profile

This online degree program combines the business education of an MBA with the specialized skills needed by healthcare administrators to work with and within the complex healthcare system. This degree program teaches everything from recruiting and managing employees to billing and budgeting.

Career Opportunities

Typical Careers

Below is a list of career opportunities typically pursued by graduates of this degree program, followed by their median salaries, as published by the Bureau of Labor Statistics (www.bls.gov) for May 2006:

  • Hospital Administrators and Health Services Managers: $78,660
  • Outpatient Care Center Manager: $67,920
  • Physician's Office Manager: $67,540
  • Nursing Care Facility Administrator: $66,730
  • Home Healthcare Services Manager: $66,720

Job Outlook

The Bureau of Labor Statistics expects an increase of 16 percent in these positions between 2006 and 2016. Hospitals are, and will continue to be, the largest employer of healthcare management professionals, though the growth rate will be faster for doctor's offices and home healthcare agencies.

Degree Specifics

Classes

Examples of required classes may include Managerial Communications, Foundations of Healthcare Systems, Contemporary Issues in Healthcare Policy, Healthcare Marketing and Financial Management of Health Institutions.

Skills You Will Learn

After graduation from this program, you will be proficient in skills, such as negotiating contracts, creating marketing plans and completing financial evaluations of new programs. You will also have a clear understanding of managed care, health insurance and the quickly changing healthcare environment.

 

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