Should You Do a Healthcare Masters This Year?

 

Have you decided that this is the year you'll get that master's you've been dreaming about for so long? With everything that happened in 2020, it's clear that our healthcare workers are the real superheroes that don't wear capes, and maybe this year is the year you should be joining them by finally doing your master's degree in healthcare adminstation?

Is It Worth The Money?

 

Within healthcare, there are many different healthcare fields to choose from, but healthcare administration is extremely worthwhile. There are a few different ways to get your master's, but one of the more popular routes is to study online. One of the most popular programs is the online master in healthcare administration.

 

The biggest question most prospective students ask is, is it worth the money, and will you be able to reap the benefits when it comes to significant salary increments over the coming years?

 

The biggest bonus of doing an online master's in healthcare administration is the ability to go into a variety of different healthcare fields, which means you'll have access to a wide variety of healthcare career options.

Variety Abound

 

Being able to translate your degree into a career across the healthcare sector means you'll be able to work in a huge variety of different settings, and what's more, you'll be able to affect change across healthcare for a better tomorrow.

 

Whether you're looking for a role involved in regulatory procedures, ensuring everything is running smoothly in line with regulations, or in one of the many other connected fields such as financial, legal, HR, policy, PR, and even hospital technology, the opportunities are endless with a healthcare administration masters.

Career Impact

 

It's a little-known fact that, of all the healthcare admin master's graduates in the US each year, only 30% of them will go on to work full-time in hospitals as their every-day work setting.

 

Many more graduates find themselves drawn towards other healthcare settings such as care homes, clinics, nursing homes, mental health facilities, outpatients care centers, rehab centers, family medicine centers, and even in such areas as local government support.

 
Due to the heavy admin focus of the degree, the transferable skills gained in the program means that graduates are in a great position to pursue a career in a hugely varied sector in areas such as policy, insurance, suppliers, and of course, direct healthcare providers starting a medical practice of their own.

 

The variety of jobs available is great, but so is the salary of the roles possible with a healthcare administration master's too. Roles such as practice manager, chief nursing officer, director of patient safety, executive director of hospital operations, and director of risk management all come with very good paychecks that will make the price of your degree seem like a drop in the ocean compared to your future earnings potential.

 

Careers within healthcare administration are both very rewarding and lucrative in terms of pay, and one of the biggest bonuses for most healthcare administrators is the flexibility when it comes to hours, allowing you to have a work/life balance that works for you and for your family too.