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Healthcare administration gets confusing because the people who run larger healthcare facilities are often referred to as administrators. These kinds of confusions make it extremely important that a professional understands the differences between management and administration before getting too deeply into their career. You may find that you have chosen the wrong side and may have to restart your career to get it right.
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A hospital CEO (chief executive officer) oversees an entire hospital or multi-facility hospital system, with a hand in everything from daily operations to high-level system-wide decision making.
Also referred to as a director of nursing, the chief nursing officer is responsible for overseeing an entire nursing department.
Healthcare actuaries, who are generally employed by an insurance company or self-insured medical group, oversee and evaluate financial risk in an effort to determine accurate insurance plan pricing.
Health informatics managers collect, process, and analyze clinical data concerning everything from treatment plans and patient outcomes to infection rates and billing.
Product reps that oversee the marketing efforts for the latest drugs to be granted FDA approval are responsible for the complete financial and administrative management of the marketing and sales process.
Hospital administrators manage and direct the medical services for a hospital to ensure efficiency, quality and profitability.
Medical practice managers oversee the financial and regulatory management of a medical practice.
HR Managers lend their talents to large companies and healthcare networks to direct hiring and training practices, and ensure staff are allocated to departments in sufficient numbers and at the proper time and place to meet demand.
Health care consultants are tasked with examining the key issues that may stand in the way of efficient and effective staff and operations management in a healthcare organization. Median Salary $76,540
(May 2019,U.S. Bureau of Labor Statistics salary estimates are based on national data for medical and health services managers (https://www.bls.gov/ooh/management/medical-and-health-services-managers.htm), as well as computer and information system managers (https://www.bls.gov/ooh/management/computer-and-information-systems-managers.htm), actuaries (https://www.bls.gov/ooh/math/actuaries.htm), chief executives (https://www.bls.gov/ooh/management/top-executives.htm), marketing managers (https://www.bls.gov/ooh/management/advertising-promotions-and-marketing-managers.htm), HR managers (https://www.bls.gov/ooh/management/human-resources-managers.htm), and budget analysts (https://www.bls.gov/ooh/business-and-financial/budget-analysts.htm) in healthcare and related industries. Salary data does not reflect school-specific information. Conditions in your area may vary. Data accessed November 2020)
