Healthcare Management

The Profession

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Who They Are

Healthcare managers ensure the business operations of healthcare organizations.

What They Do

Healthcare managers work in both clinical and nonclinical settings. They might specialize in managing a specific clinical area or department, a medical practice for a group of practitioners (e.g., physicians, dentists) or an entire facility. Many healthcare managers work in long-term care facilities, hospitals, clinics, government agencies, pharmaceutical and biotechnology firms, insurance providers, managed care organizations, and consulting firms.

Where They Work

Healthcare managers and administrators, direct, and coordinate medical and health services. They work on improving equity, quality and efficiency for increasing healthcare access, carrying out policies and procedures, controlling costs, implementing new technology, recruiting and retaining healthcare professionals, ensuring compliance with changing regulations, billing and reimbursement, and implementing innovative programs to improve the health of communities. Healthcare managers work in a variety of areas such as project management and consulting, health insurance benefits and enrollment, health information technology, healthcare marketing, pharmacy benefit management, provider network contracting, medical device and biomedical consulting or sales, and health policy and advocacy.

Outlook

Healthcare administration is growing much faster than average. Employment of healthcare managers is projected to grow 28 percent over the next decade, much faster than the average for all occupations. About 56,600 openings for medical and healthcare managers are projected each year, on average. Source: Bureau of Labor Statistics

Education

The University of Minnesota offers an undergraduate bachelor of applied science degree in healthcare management and a graduate masters degree in healthcare administration. 

Undergraduate students can pursue a Bachelor of Applied Science degree in Healthcare Management (HM). This degree includes courses in leadership, health equity, finance, healthcare delivery systems,  management, human resources, economics, and more. Students also complete an internship as part of the HM program. Interested students who have completed some college credit can apply for the major. A minor in healthcare management is also available for those students wishing to minor in HM.

Students interested in graduate programs can choose to complete a Master of Healthcare Administration, or MHA. This 21 month program involves business courses specifically designed for the unique aspects of healthcare. Students in the program can decide to take on a subspecialty in financial management, long term care administration, health policy, information and decision science, marketing management, maternal and child health, operations management, strategic management, or health products. Students in the program also complete a nine week residency over the summer.

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