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Benefits of Earning an MSHS in Healthcare Administration

Tuesday, March 22, 2016 | 12:00 AM

Healthcare administration is a broad field with a high demand for qualified professionals to fill roles in a variety of settings. A master’s degree with a healthcare administration track helps provide the needed skills and knowledge for a successful career as a healthcare organization leader.

Healthcare administrators, also known as healthcare executives or medical and health services managers, plan, direct and coordinate medical and health services for a variety of organizations as well as private or community medical practices. A Master of Science in Health Sciences (MSHS) with a healthcare administration track supplies the skills and education to excel in a healthcare administration career.

In the fields of public health policy and insurance, administrators must be able to adapt to changes in healthcare laws and regulations, policies and technological changes. The growing use of electronic recordkeeping and file administration also requires an ability to adapt administrative policies and procedures. An MSHS with a healthcare administration track helps healthcare practitioners meet these responsibilities and reach the next level in their careers.

Healthcare administration jobs may include responsibilities such as providing education, team leadership, practicing critical inquiry or program development. Together with prior experience, a master’s degree with a healthcare administration track provides the foundation for excelling in these roles.

In 2014, the latest year for which the U.S. Bureau of Labor Statistics (BLS) provides information, healthcare administrators earned an average annual salary of $92,810 and occupied more than 333,000 positions in the United States. Advanced degrees such as the MSHS with a healthcare administration track can increase candidates’ earning power and marketability.

Healthcare recruiting is on the rise; the healthcare industry added 84,000 jobs between January and March of 2015. This increase may be partly due to the rise in demand for healthcare services as the number of uninsured citizens decreases. Earning a master’s degree with a healthcare administration track helps job candidates stand out among the pool of applicants for leadership positions in the healthcare field.

Through the year 2024, the job field is expected to grow by 17 percent, or 56,300 jobs–faster than average, according to the BLS. From 2012 to 2013, the number of jobs posted to a popular healthcare job network online increased by 47 percent. The top five states for healthcare jobs in 2014 were Texas, California, Florida, Virginia and Pennsylvania. Regardless of where healthcare administrators are needed, earning an MSHS with a healthcare administration track can help prepare graduates for success in the field.

Learn about University of Texas Rio Grande Valley MSHS in Healthcare Administration online program.


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