20 Best Master’s in Healthcare Management Online 2020

Earn your degree from one of the best master’s in healthcare management programs and be a strong leader the industry needs. With a master’s degree in healthcare management, you will be offered higher paying positions that require more responsibility, along with an abundance of respect from your peers. When you position yourself as a leader in the healthcare arena, you make decisions that involve life or death scenarios. A healthcare management master’s program takes a special kind of person—assertive enough to stand up for what’s right and credible enough to move things along smoothly and calmly. As healthcare spending continues to scale as a growing problem in the years to come, professionals with an educational background in healthcare management will level out the playing field and help the industry as a whole. What is a Masters in Healthcare Management Degree? A master’s degree in healthcare management is the study of health services and its relation to business. Healthcare management majors focus on the financial, legal, professional, regulatory, and ethical aspects within the industry to make the best decisions for the organization. Not only does a master’s program in healthcare management help further your understanding of healthcare and its purpose, it also teaches you leadership and skill sets that make you a successful business person in a fast-paced industry. Although every master’s program is individual, there are some common courses that students can expect to take throughout this degree. Students will be required to study systems within healthcare, stakeholders, and healthcare ethics. Like most master’s programs, applicants are required to show proof of an undergraduate degree from an accredited institution. Students without an undergraduate degree in a related healthcare major may be required to take additional coursework before starting the program. Some institutions may require an internship as well. Careers for Masters in Healthcare Management majors According to the Bureau of Labor Statistics, â€Å"as the large baby-boom population ages and people remain active later in life, there should be increased demand for healthcare services.† With a promising future for healthcare professionals, holding a master’s degree in healthcare management can set up young professionals for several career paths. With this degree, graduates typically find employment in health centers, hospitals, or physician’s private practices. Some career paths that a healthcare management major may choose include: Clinical ManagerHealth Information ManagerNursing Home AdministratorMedical and Health Services Manager Masters in Healthcare Management salary potential Working within the medical and health services management department can be a profitable career. The Bureau of Labor Statistics reported that the average salary for medical and health services managers was $99,730 in May 2018. Not to mention, the lowest bracket reported was less than $58,680, and the highest wages earned were more than $182,600. In addition, PayScale mapped out the average salary for individuals that obtained an MS degree in healthcare management, as well as an MHA degree-a masters in healthcare administration. It showed that individuals with an MS degree made a median salary of $81,000 and individuals with an MHA degree made an average of $75,000. What are the Best Masters in Healthcare Management Degrees? We know that you have educational goals that you’re itching to pursue, but you may not know where to start. The editors of CollegeRank utilize a unique ranking methodology based on the following three aspects: 40% Potential Salary After Graduation: Average mid-career salary of school alumni 30% Institutional Accreditation: Regional and National Accreditation for the 2019-2020 school year 30% Overall Degree Affordability: Average cost of undergraduate and graduate tuition per school At CollegeRank, we strive to do our best to guide you and your family toward a fruitful academic career. The pursuit of knowledge is a noble one, and we want to help you reach your goals. For questions, comments, badge downloads, or data corrections, please feel free to reach out to us at editor@collegerank.net. 1The University of Texas at DallasLocationRichardson, TexasAverage Net Price $9,989More Information It took the University of Texas at Dallas fewer than 50 years from its establishment to earn the Carnegie Foundation’s â€Å"Highest Research Activity† designation. UT Dallas has more than 140 academic programs and awarded nearly 5,000 degrees during its spring 2018 commencement exercises. The school is also home to nationally ranked chess and debate teams. UT Dallas’ online Master of Science in Healthcare Leadership and Management requires 18 to 24 months of coursework. There are 27 credit hours of core coursework, along with nine hours of electives. The three elective classes are related to each student’s chosen area of concentration. Core courses in the program include Financial Management, Accounting for Managers, and Organizational Behavior. Students then choose from one of five concentrations: Health Informatics, Healthcare Internal Auditing, Healthcare Operations, Quality Improvement, and Supply Chain Management. Students take three elective courses related to the concentration, such as Healthcare Economics or Internal Audit. Students must hold a bachelor’s degree from an accredited university to apply and submit GRE/GMAT scores. The median age for students in the program is 25, and 74% of students are female. Certificate programs are also available in Lean Sigma Six Health care IT.