An online Bachelors in Healthcare Management prepares its graduates for jobs in hospitals, physician’s offices, long-term care facilities, or government facilities. As with most healthcare professions, healthcare management is expected to grow at a faster than average rate (about 10% – 20% faster than average).
While the degree may share core classes with those of a traditional business degree, the skills necessary for managing a healthcare facility are very specialized, and thus require specialized curriculum. Both degrees train you in spreadsheets, accounting, databases, and economics. However, a degree in healthcare management will further prepare you to understand unfamiliar terminology, legal aspects, financial management, and informatics that are associated with the healthcare profession.
A major hurdle in the healthcare industry, currently, is keeping up with all the new coding created by the Affordable Care Act. Healthcare workers who have been on the job for decades are having to adopt a new system, learn new codes, and adhere to new policies imposed by the healthcare law. For many, this task is overwhelming. An incoming student with a degree in Healthcare Management is priceless in these kinds of facilities as they help update obsolete systems to meet the new (and ever changing) requirements.
Some schools provide a healthcare concentration for their business degree students instead of a separate degree option. However, for programs that are specifically for healthcare, the degree can go by several names: Healthcare Management, Healthcare Administration, Clinical Services Management, or Health Services Management. Within the degree, students can often choose to further specialize in areas like Clinical Management, Health Informatics, Long-term Care Management, Finance, Marketing, or Project Management.
An online Bachelors in Healthcare Management can open doors for entry-level positions and/or internships. Many of these entry-level office jobs employ people on a traditional 9-5 schedule, a timeframe that clashes with class schedules at traditional “brick and mortar” schools. However, online degrees allow students to be employed while they are completing their degrees.
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Unlike some careers, there are aspects of Healthcare Management which cannot be taught, but rather must be experienced via on-site training. For this reason, the online degree offers an advantage over traditional classrooms since students can complete their professional credentials while engaging in valuable on-the-job experience.
See which schools rank the best for your online Healthcare Management degree aspirations in our article “The 20 Best Online Bachelor in Healthcare Management Degree Programs.”
For those wishing to take their career to the next level, online Master degrees in Healthcare Management are also available.