Getting an MBA in healthcare
One bit of information that is often surprising is that many people who work at an administrative level in healthcare didn’t start out in that industry. A combination of a rapidly growing senior population and the creation of new jobs due to Affordable Care Act provisions have helped make healthcare one of the biggest industries in the job market. One advantage of this trend is the fact that MBA recipients have a wealth of job opportunities.
The industries that people have experience in when they decide to go into healthcare vary greatly. However, there are several types of job backgrounds that prove useful. People who have been involved with business startups have the skills needed to run a new enterprise from the bottom up. Non-profit workers have a unique set of skills that transfer well to organizations for medical research. Pricing analysts from retail environments often have ideas about how to lower the cost of healthcare and make it more accessible to all.
Many people are inspired to work for a cancer or other research organization after having had a loved one who struggled with such health issues. A healthcare MBA can help people with a passion for research and advocacy get the skills that they need. People who have the necessary skills in business management with a healthcare concentration will have a good chance of making a meaningful difference.
Another opportunity for people in healthcare is working for clinics and other businesses that help provide care for the uninsured or underinsured. There are still many people, especially in Latino and other minority communities as well as poor rural communities, who lack proper access to healthcare. People who have a good business background could have the skills that are needed to come up with innovative ways to make medical care more accessible for these groups.
Retail clinics owned by stores often provide care for routine checkups and other minor medical issues. These are often used by people without health insurance or who have insurance with high deductibles. Because many of these clinics keep more convenient hours than traditional doctors’ offices, the demand for them continues to grow.
Getting an MBA in healthcare can be the wisest choice that a person makes in their career. There are more opportunities every day and the demand for these new positions is not likely to slow down. A graduate from one of these programs is sure to be satisfied with the opportunities available to them.