Healthcare Management/Administration

Korrin WigginsAugust 26, 2016

What is healthcare management/administration?

• Health administration or healthcare administration is the field relating

to leadership, management, and administration of public health

systems, health care systems, hospitals, and hospital networks

Career Aspirations

• My goal is to be the manager of a hospital, medical clinic, and/or practice.• I believe that my hard work, leadership, and dedication are great

qualities that this type of candidate should posses.• I am very outgoing, social, and love working with others.• Persuading, influencing, and leading others is what I have done my

entire life. Playing sports since I was younger and at the collegiate level taught me these traits.

Healthcare industry growing

Healthcare projected new jobs/salaries

Top 5 MBA Healthcare Careers By Salary

(According to MHA Degree)

1) Hospital CEO (Avg. salary: $114,000)2) Hospital Administrator (Avg. salary: $109,000) 3) Hospital CFO (Avg. salary: $106,000)4) Pharmaceutical Product Manager (Avg. salary: $90,000)5) Health Informatics Manager (Avg. salary: $89,000)

What does a(n) hospital CEO do?• Hospital CEOs generally come from a medical background and almost always hold a Masters of

Hospital of Healthcare Administration. • They must have about 8-10 years of experience in administrative, management and healthcare

positions. • Hospital CEOs are responsible for overseeing day to day operations, • They serve as moral leaders who articulate the hospital’s mission and vision to the public

community • They are the leaders in developing strategic vision and policies for the hospital.

What does a(n) hospital administrator do?

• Work behind the scenes to make all types of health care facilities work as efficiently as is possible. • Many hospital administrators work in nursing homes, hospitals or

outpatient clinics. • You can expect to work on hiring doctors, developing budgets, coming

up with new policies for QA and patient services.• Promoting and implementing new sorts of medical treatments, and

assuring compliance with government guidelines.

What does a(n) hospital CFO do?

• In a CFO role, you are responsible for managing all of the finances of your health care organization. • You also are responsible for a lot of the financial plans and keeping of

records. • You also will need to do budgets, negotiate new contracts with

vendors, figure out how to save money in the organization, and choose top executives for key hospital roles.

What does a(n) pharmaceutical product manager do?

• Responsible for providing the sales team with the necessary technical expertise to enable them to sell the product.• Responsible for reviewing product data to ensure that the field force

is kept up to date on new developments regarding the companies or competitors products.• Responsible for preparing product forecasts, and constantly

monitoring inventory levels held at central and interstate warehouses including liaison with production (locally and globally) to ensure supply timelines.

What does a(n) health informatics manager/director do?

• As facilities implement electronic medical records, they are turning to experts in the technology field to oversee the implementation of the new systems.• The job generally involves such duties as:

-Championing the new system to doctors and other medical staff-Addressing problems with the system raised by doctors and other medical

staff-Implementing processes that streamline reporting-Continually reviewing the latest technology available for healthcare systems

and recommending updates and changes as needed

Bibliography• http://www.healthcareadministration.com/becoming-a-hospital-ceo/• http://mhadegree.org/mba-healthcare-management-salary/• http://www.usfhealthonline.com/resources/career/health-informatics

-director-job-description-salary/#.V8NotOa7-R4