A health care analyst studies and compiles medical data. They are tasked with compiling and maintaining data data needed by the company and will often offer insight as to how better improve care systems within their place of employment. Health care analyst must hold a bachelor's degree but many employers prefer applicants with a master's degree and 4-5 years of experience working with data management systems.
A health care analyst is responsible for analyzing, compiling, and validating crucial medical data. Analysts must be proficient in the use of computers and programs that specialize in data collection. In order to secure a job as a health care analyst, one must have acquired a bachelor's degree in a field such as computer science or mathematics, as well as accumulated four to five years of job experience with data management systems.
|Required Education||Bachelor's degree at minimum; master's degrees may be preferred|
|Other Requirements||4-5 years of experience working with data management systems|
|Projected Job Growth (2014-2024)||15.4% for medical records and health information technicians*|
|Mean Salary (2015)||$58,967**|
Source: *U.S. Bureau of Labor Statistics **PayScale.com
Health Care Analyst Job Description
Health care analysts compile important medical data through the use of computer-based applications. They usually work full-time at health care agencies or hospitals gathering, compiling, modeling, validating, and analyzing data needed by the company. The data is then used to understand the current trends in the health care system and to make well-informed decisions.
Health care analysts may also be asked to develop initiatives for providing more effective health care, as well as resolve current service issues. They must have the ability to manage multiple projects, as well as meet time constraints and expectations. Designing new approaches to health care delivery may also be included within the position.
Health Care Analyst Job Duties
Health care analysts are responsible for developing reports for upper-level management. They prepare monthly status reports, aid in corporate projects that deal with health care, compare medical budgeting to their prior analysis, and assist in customer service issues. They're also called upon for duties that include developing enhanced reports for their health care agency. All of these duties provide the health care agency with reliable information for their medical staff and patients.
Health Care Analyst Job Requirements
Health care analysts are usually required to possess a bachelor's degree in health care administration, mathematics, financing, business, or computer science. Having a master's degree in a related field is preferred, but not required by most hiring health care agencies.
Health care analysts are usually required to have four to five years of work experience handling intricate database and information management responsibilities. Knowledge of PC-based applications used for data management is also required. A health care analyst must good at multitasking and problem solving. A working knowledge of data analysis tools, such as SAS and database language tools like SQL, is very beneficial as well.
According to PayScale.com, as of January 2016, the majority of health care analysts earn between $45,747 and $79,155 a year, including bonuses. The average annual income for these professionals was $58,967.
Health care analysts must have a thorough understanding of healthcare systems, data collection and analysis, and they must have strong organizational and record keeping skills. This is a safe profession choice as the BLS predicts job openings to continue to grow up through 2024, and it can be both a personally and financially satisfying career choice.