Some people have a passion to help others, so they naturally gravitate toward the healthcare industry. What many people assume is that every job in the healthcare industry is going to be related to becoming a doctor, nurse, or technician. As critical as these roles are in the industry, there needs to be some type of order or structure to house all of these talents.
Health Services Administration Degree
While the healthcare industry is dedicated to improving the wellness of people, it’s also a business. Those who understand this may do well in pursuing a college degree in Health Services Administration. There are many job positions in the health services administration industry that require the expertise of a professional who understands the internal operations of the healthcare organization, but can also distance him or hers self enough to conduct it as a business. This is a skill that not everyone can master right away, but it is possible with the right type of education.
2Florida National University’s Degree in Health Services Administration
Florida National University (FNU) offers three kinds of degrees in Health Services Administration: Associates of Arts, Bachelor of Science, and a master’s program that can start you on your way toward a rewarding career in the health services administration industry. Here is a short list of some of the job titles you can hope to land with a degree in health services administration:
Human Resource Managers coordinate, plan, and direct the administrative operations of an organization. The position of a Human Resource Manager is applicable to any business or corporation, whether it non-profit or for profit. Some of the other duties and responsibilities of an HR Manager is overseeing the hiring process of new staff and serving as a liaison between executive management and employees. With a college degree in Health Services Administration, you’ll have an edge against any applicants pursuing a management position in the healthcare industry who don’t have this degree.
Money
The United States Department of Labor’s Bureau of Labor Statistics reports a median salary at approximately $104,440 a year, equivalent to $50.21 an hour. It further reports that this profession is expected grow 9% from 2014 to 2024. This is due to the growth of new companies and existing ones that are expanding. With such a fast expansion, Human Resource Managers are needed more than ever to ensure that these companies are adhering to the ever-changing business laws. For such a position, a bachelor’s degree is required.
Earning a college degree in Health Services Administration doesn’t necessarily mean that graduates are confined to the healthcare industry. While social services is considered part of the industry, there are other fields that need the management and expertise of a Social Service Manager with a degree in Health Services Administration. The Social Service Manager can be involved with coordinating and servicing community needs. He or she can also be involved with creating the programs and ensuring that the entire operation is adhering to the overall mission of the program. While the Social Service Manager may work directly with clients, he or she will usually communicate with community leaders and influential members who can contribute and/or donate resources.
Money
The United States Department of Labor’s Bureau of Labor Statistics reports a median salary at approximately $94,500 a year, equivalent to $45.43 an hour. It further reports that this profession is expected to grow 17% from 2014 to 2024. Labor Statistics contributes these findings based on the large baby-booming population who are retiring and looking for new ways to engage in their community. The typical entry-level education required to achieve this salary is a bachelor’s degree.
As long as you have healthcare—and especially with the Affordable Care Act still active, it can be said that the need for Insurance Underwriters are at an all time high. Similar jobs include Actuaries, Budget Analysts, Claims Adjusters, and more. The job of an Insurance Underwriter involves deciding what can and cannot be covered by insurance. A bachelor’s degree is preferred to apply for this position and continuing education is typically needed to advance to a senior position.
Money
While the position of Actuaries has a high median salary of $97,070, the position of an Insurance Underwriter sits a little lower at $65,040 because the Bureau projects an 11% decline from 2014 to 2024. This is all thanks to the technological advances of software that can now automate such processes. The question then becomes, Why are we including this job within the top 3? It’s simple. Because as the job demand declines, the position might become more rare thus, more valuable. This may also result in a rise in salary, as automated services will need to be managed by an actual Underwriter. Furthermore, as the demand for this position declines, Underwriters may be forced to pursue jobs like Actuaries, Budget Analysts, Claims Adjusters, etc. which actually pay more than the current median salary of the Insurance Underwriter. Here again, the typical entry-level education required is a bachelor’s degree.
After graduating with your college degree in Health Services Administration, it is possible to land a dream job that rewards you with a high-paying salary. On the other hand, it’s not uncommon to start off with an entry-level position with a modest salary, and then work your way up. At any rate the best place to get your college degree in Health Service Administration, whether you’re looking to obtain an associate, bachelor, or master’s degree, is from Florida National University, a regionally accredited university that provides an exceptional curriculum of accredited courses that make up a quality education.
Contact an FNU advisor to find out what kind of financial aid opportunities you may qualify for and if any online education interests you.
