Healthcare administration is a growing field that needs as many qualified people as possible to meet current and future demands in the healthcare field. Whether working in a large hospital or for a private practice, a healthcare administrator handles all of the planning, directing and coordinating of its business activities. Without qualified healthcare administrators, the nation’s healthcare system would work much less efficiently.
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Nearly 430,000 people are employed as healthcare administrators and earn a median annual salary of $104,280. That breaks down to better than $50 per hour. The U.S. Bureau of Labor Statistics expects job opportunities to grow by 32 percent by 2030. [1] That means there are many great current and future career opportunities for those who are prepared to undertake the coursework necessary to obtain certification as a healthcare administrator.
Accredited online courses are proving affordable and viable for working adults who want to undertake a career change. A bachelor’s degree and some field experience usually is required to enter the healthcare administration field. But the right courses and programs will enable students to obtain that experience while also earning a fully accredited bachelor’s degree.
Online Schools Provide Flexible, Affordable Education
As the recent COVID-19 pandemic affirmed, remote learning is viable, affordable and accessible. Public and private universities and colleges alike migrated to online remote-learning platforms to continue providing students with the educations that they and their parents paid really good money to obtain. [2]
Instead of paying an insanely high amount to attend classes in a traditional university or college setting, you could sign up for fully accredited online courses. The average annual academic costs at a traditional college or university runs anywhere from about $26,000 annually at a public school to more than $50,000 and private ones, according to U.S. News and World Report. That cost drops to about $11,000 annually when completing online courses. [3]
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When you can obtain a qualifying bachelor’s degree online for about the same total cost as a single year at many of the costlier colleges and universities, online courses become much more viable for most people. While it might be prestigious to earn a degree from some colleges and universities, the practical application makes no difference when it comes to entering the healthcare administration field.
Pick Your Preferred Learning Location and Times
The flexibility that online courses provide makes it much smarter to choose an online school instead of enrolling in a traditional college or university. Instead of spending time driving to and from classes and going through the additional expense of transportation and parking, you can stay at home and leave the car in the garage.
Online courses enable you to do your studies and complete your assignments and tests online as time allows. The time you save by staying at home instead rushing to and from one class to the other gives you even more time to focus on studies and other personal needs. It also helps you to manage your personal affairs, including working full-time if needed while you complete your online coursework.
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Learn at Your Own Pace
When you sign up for online bachelor’s degree courses, you can pick the number of classes and hours per week that you can apply to your college studies. All accredited online courses give you the same ability to complete your bachelor’s studies and enter the job field as a fully qualified healthcare administrator. But you get the added advantage of reducing stress and strain by ensuring your coursework fully fits with your current lifestyle and demands for time.
Many people who obtain online bachelor’s degrees do so in about five to six years. Even when it takes longer to achieve, the final educational outcome is well worth the time and effort when you enter a well-paying and mostly secure career as a healthcare administrator. [4]
Growing Job Demand Due to Aging Population
The Baby Boomer generation is rapidly entering retirement age and increasing demand for medical services in traditional settings. Hospitals and doctors’ offices alike are seeing a rise in demand for medical services for the elderly as more people reach retirement age.
As of 2015, the world had about 900 million people aged 60 or over. By 2030, the world’s elderly population is expected to reach 1.5 billion and continue rising to about 2 billion by 2050. Those numbers mean national health systems around the globe will endure greater demand and more pressure and strain on the system while meeting the requirements of our aging populations.
Healthcare administrators will be a very important part of ensuring people of all ages can obtain proper healthcare and continue to enjoy relatively active and happy lifestyles. The United States alone is expected to have its population of senior citizens rise from about 50 million now to more than 100 million who are age 65 or older by 2060.
Although the U.S. ranks among the best providers of healthcare for seniors and others, the expected numbers of a rising elderly population is certain to increase demand for qualified healthcare administrators. When you can earn an online degree in your free time and for a portion of what a traditional college or university would charge you, the online approach clearly is ideal for many future healthcare administrators. [5]
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Sources
[1] https://www.bls.gov/ooh/management/medical-and-health-services-managers.htm
[2] https://hbr.org/2020/09/the-pandemic-pushed-universities-online-the-change-was-long-overdue
[3] https://www.onlinecolleges.net/for-students/online-college-costs/#
[4] https://educationdata.org/average-cost-of-college-textbooks
[5] https://www.forbes.com/sites/williamhaseltine/2018/04/02/aging-populations-will-challenge-healthcare-systems-all-over-the-world/?sh=5d21b45b2cc3
