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Students these days are willing to explore more spaces in the field of education. Previously, there were not many avenues for an individual to showcase their talents and skills. In fact, they would only have a limited set of options to choose from. The times have changed now. The face of education is changing on a regular basis and for the good. Students have an array of courses to choose from and opt for. For instance, talking about the changing trends in education and the introduction of new courses, Healthcare Management is one of the most sought after and popular courses. The health care industry is a dynamic field where the candidates can display their set of specialized skills, and the health care management profession includes individuals with specific education in the traditional management disciplines taught in the context of Healthcare, pooled with coursework in policy and public health either at the undergraduate and/or at the graduate level. Individuals pursuing this course have a guaranteed protected future and a blossoming career as well. Consequently, there are several prestigious institutes/academies which offer specialized courses in the field of healthcare.

Furthermore, the rise in employment opportunities can be credited to the desperate need for skilled professionals in the healthcare field. Statistics say that an estimated 300,000 people serve in health administration, from middle management to CEO positions at organizations that range in size from one or two staff members to major international companies employing hundreds of thousands of employees. According to the Bureau of Labor Statistics, employment in the field of health care management is expected to grow 22 percent from 2010-2020. The healthcare industry will continue to expand and diversify, requiring managers to help ensure smooth business operations.

The common notion that goes is that Health Care Management appeals to those interested in the pharmaceutical sector, biotech health services, government agencies, insurance organizations, health maintenance organizations (HMOs), and consulting firms that specialize in the health-care sector. But with time it is changing rapidly since the industry is growing leaps and bounds. People from various academic backgrounds are applying and are interested in pursuing a post-graduation in Healthcare management. With the speedily increasing significance of the healthcare industry, hospital management courses are becoming very popular among the younger generation. More and more undergraduate students are opting for this course and display an aptitude for this course. Any individual, be it from a medical or a non-medical background can pursue a career in hospital administration/management. The only pre-requisite is a graduation which again, need not be in the medical field or a degree/diploma in hospital administration. Healthcare management is an enormous, compound, and ever-changing field. There are a number of colleges in the country now offering a course in Healthcare management. The industry is growing and changing each day.

For everyone out there who are just beginning to wonder what Healthcare management is about and the prospect of it being a career option, this blog should help you gain some perspective on the subject. This is, perhaps, the most exciting time for anybody even, in the least, connected with the field of healthcare management. The momentum at which this field is growing and changing is incredible. The field is changing not for the bad, but good, in terms of how and where care is delivered, who is providing those services, and how that care is financed. Healthcare management requires talented people and skilled professionals to manage the changes taking place. With them reprising their roles with utmost efficiency, healthcare executives have an opportunity to make a significant contribution to improving the health of the communities their organizations serve. In actuality, the primary objective of any healthcare manager should to be to improve the health of the community and the sole motive of the healthcare administrators is to guide the manager accomplish their motive.

  Now since the industry is growing in every aspect, there is a desperate need for individuals in various settings. The growing diversity in the healthcare system, offers numerous positions for executives and managers who are needed in many sets, such as Clinics, Consulting firms, Health insurance organizations, Healthcare associations, Hospitals, Nursing homes, Physician practices, Mental health organizations, Public health departments, Rehabilitation centres, Skilled nursing facilities, Universities and research institutions.

Statistics say that, today, an estimated 100,000 people occupy health management positions at numerous organizational levels, from being a department head to chief executive officer. Requirements for senior-level positions in healthcare organizations are demanding, but these jobs also offer opportunities to improve the system of care giving.

If you are planning to choose a career in healthcare management, your first job might be an entry to mid-level management position in a specialized area, such as, Finance, Government relations, Human resources, Information systems, Marketing and public affairs, Material management (purchasing of equipment and supplies), Medical staff relations, Nursing administration, Patient care services, Planning and development.

Who doesn’t like being healthy? Who wouldn’t want to take care of their loved ones and contribute towards other people’s good health as well? What if you’re provided education on Healthcare? Healthcare Management is broadly about that.

Why would one want a career in the field of healthcare?

Firstly, individuals who opt for a career in healthcare develop a sense of social mission, they develop deep care about the people they work with and serve. Talking about healthcare as a career further, it is the largest industry in the US, and the second largest employer, with more than 11 million jobs. Nearly all new private sector jobs over the past 5 years came from healthcare; and the sector continues to grow faster than most other segments. Furthermore, unlike many traditional management programs, graduates and post graduates of healthcare management programs can find substantial openings in areas stretching from small rural communities to large metropolitan areas and throughout the world. An individual who has been educated and has had specialized training in healthcare management can take you in many different and stimulating directions.  In addition to more traditional careers in healthcare management, graduates work in many other areas which include, pharmaceutical companies, health insurance companies, management consulting, banks and other financial institutions, long-term care facilities, professional societies and state and Federal agencies.

The core skill set you develop in a healthcare management program provides a competitive advantage within the healthcare sector.  The diversification which prevails in this field provides an individual with opportunities to display his or her dedicated skill sets. In addition, these skills transfer readily across a variety of industries, providing flexibility for non-health sector positions as well. For example, an individual with a commerce background who had later on decided to shift to field of healthcare will be given the post of a healthcare administrator, wherein, the tasks he’ll be presented with will pertain to all the financial transactions of the organization.

People have this major misconception about the health care industry, in general. Most people generally associate nurses and doctors, whereas there are actually a great deal of administrative positions open throughout the country. The employment opportunities are exceptionally high in this industry since there is always a desperate need. The healthcare industry is one of the very few industries that can withstand the crisis that is the recession. A career in Healthcare management can endure and might even prosper through good or bad financial stages. There are many benefits to a Healthcare management career. What are the demands of an average individual from a job? Surveys say that Managers working in the Healthcare field report high degree of job satisfaction, also that the field is richly rewarding. Among many other benefits, one of the most satisfactory benefits of working in the health care industry is that your work can change the world, in the true sense. Healthcare managers help health systems work more efficiently which in turn helps in patient care. Managers develop a sense of belongingness and the healthcare administrators seek to provide healthcare coverage for the poor, provide broader preventive care to at risk populations, and to bring about other changes to improve health care delivery to broader segments of the community and population at large.

Unemployment is still one of the greatest problems in India. There’s a great deal of the population of our country who are still unemployed. At the same time, experts agree that there is a shortage of healthcare workers. It begs the question, why is there a shortage of healthcare workers when the unemployment rate is staggeringly high? Despite the depressing unemployment report in a depressed economic climate where few jobs are in demand, healthcare vacancies are still the highest of any industry. A demand for healthcare services would result in increased demand for healthcare workers that will service specifically the growing number of adults who are 65 years or older. By the year 2020, there will be more than 19-54 million people of over age 65 and that is an increase from the current rate 12.5% to 20% of the US population.

The nursing shortage is the by-product of more lucrative options for women, an aging workforce, unsatisfactory conditions for older nurses, and the decline of the young and minorities’ attraction to a nursing career. The nursing shortage might have started in 1988 and peaked in 2002, which was the timeline when government and private payer reimbursement plan declined, hospitals were forced to be downsized. This contributed to increased workload and stress to the remaining nurses who found the working conditions unacceptable and thus left the profession in search for other job.