Career Definition of a Hospital Manager
Hospital managers work with administrators to plan and coordinate the health services of a hospital. They supervise all areas of a hospital, including physicians, health information technicians, nursing, medical records and more. Managers create many reports to analyze the effectiveness of various departments and work to reach financial goals and maintain budgets. They work to improve the efficiency of care, keep up-to-date on new laws, represent the facility at governing boards and organize the records of facility services.
|Education||Master of Health Administration or Master of Business Administration|
|Job Skills||Management, communication, problem-solving, and technical skills|
|Median Salary (2015)*||$94,500 (for medical and health services managers)|
|Job Outlook (2014-2024)*||17% increase (for medical and health services managers)|
Source: *U.S. Bureau of Labor Statistics
Many employers require their hospital managers to have either a Master of Health Administration or a Master of Business Administration degree. Both programs require students to take courses in financial analysis, management, economics, health care and health policy. Master of Health Administration and Master of Business Administration degrees can be found in colleges of medicine or allied health, while business programs are found in colleges of public health or business.
Hospital managers need to understand hospital economics, labor relations, and human resources and have proven management skills. Because of the intense paper work and staff interaction, it is important for managers to have strong verbal and written communications skills. Hospital managers must also be able to work well with a variety of professionals, from doctors and nurses to CEOs and other executives. They must demonstrate problem-solving and technical skills to find creative solutions for staffing and administrative problems and follow advancements in technology.
Career and Economic Outlook
The U.S. Bureau of Labor Statistics (BLS) states that with the expansion and increased demand for health care, the job prospects for health care managers are expected to increase 17% from 2014-2024. Hospital managers can find career opportunities in hospitals across the country, and according to the BLS, in 2015, the median salary for a medical and health services manager was $94,500 per year.
Alternate Career Options
Other jobs in this career field include:
Human Resources Manager
With at least a bachelor's degree in business administration or human resources and some related work experience, these managers plan and coordinate a wide realm of administrative functions in an organization, including recruiting and hiring staff, making strategic plans in conjunction with executives, and providing communication between employees and management. As of May 2015, they earned an annual median wage of $104,440 and could expect average employment growth of 9% from 2014-2024, according to the BLS.
Social and Community Service Manager
Some employers look for applicants with master's degrees, but a bachelor's degree in urban studies, social work or public administration, along with related work experience, may be sufficient for many positions. These managers plan and supervise community organizations and social programs providing services to the public.
Faster-than-average increases in available positions of 10% were forecast by the BLS during the 2014-2024 decade. As of 2015, the BLS said these managers earned an annual median salary of $63,530, with those working for state and local governments, not including education and hospitals, earning the top wages.