High Paying Professions for a Degree in Healthcare Administration | With Salaries!

Thank you for watching!
C O N T A C T
For business, collabs, and sponsorship opportunities please contact: [e-mail]
-------------
00:00 Intro
00:54 What is a Healthcare Administration Degree
2:03 Professions and salaries
13:02 Outro

[@KatArt11]

Very informative. Thank you.

[@theluckienurse]

Thank you for watching!

[@alesiasweeney]

loved this video! I initially started watching your channel for your nursing school content, but I have ultimately decided to go into health services administration instead of nursing, at least for right now (even though i was accepted to start in the fall, i feel like now isn’t the right time) I currently work as a PCT at an HCA facility. Do you think this will be a good steppingstone while I finish my bachelors in health services administration? I definitely want to move into a more clerical/ administrative assistant hospital role after I graduate, but I am not sure if direct patient care experience will benefit me when searching for clerical roles within HCA facilities. I am also considering doing an accelerated BSN program (to go into nursing management and leadership) after my bachelor degree or going straight into getting an MHA, but I really don’t know. I have been so set on nursing so this change is a little bit difficult and I am searching for any answers and guidance that I can find! I really appreciate any advice you can give!

[@theluckienurse]

Hey! It sounds to me like you just want to be in healthcare and don’t necessarily need to or want to be doing direct patient care. If this is the case, I don’t think that you would benefit much from doing a nursing program. It’s always a bonus to have if you are in healthcare, but if you know that you want to be clerical or administrative, I would not advise you taking the time or spending the money to get a nursing degree. You can have a very successful career in administration with your bachelors in health services administration. Depending the area that you live in, this may be enough, but I would personally advise you to further your education after this and get an MHA after getting some working experience working in administration. Direct patient care experience can be a bonus, but I know a lot of people that are successful in healthcare administration that do not have a background in direct patient care at all. I hope that this helps 😊

[@blingbyjessica]

I will be starting school to earn my bachelor's degree in Healthcare Administration.

[@theluckienurse]

Congratulations and good luck! I think that it’s a great degree to have and it is a great field to enter!

[@blingbyjessica]

@@theluckienurse ty

[@Jayjr-jc2wi]

What entry level career puts you on the path to COO or CEO? How would career progression look like?

[@theluckienurse]

Hey! So every organization is different. To be completely transparent, when you are looking at a CEO or even COO positions, a lot of those positions are appointed. There are definitely some organizations where you can work your way to the top and earn those top spots, but to be completely honest, a lot of those positions are usually appointed by somebody outside of the company who has connections or who may even be related to their predecessor. For most organizations, across different fields and not just healthcare, it is an unfair game… Not every single organization is like this, and even for the ones that are, you can often work your way up pretty high. Even if you do not get as high as the COO or CEO, you can become a VP of a department or the head of a devision. If you were looking specifically in healthcare, I would say the best thing that you can do is find an organization and get in to that organization in any department. Then once you are in, make sure to attend any events that you possibly can to network with in the company. So if there are marketing events, fundraisers, volunteer opportunities, etc. it is a good idea to attend as many of those as possible and net work with different department heads. That way, when organizations are looking to hire from within your name is in peoples minds. Depending on your level of education and experience, even starting as a receptionist in an organization can be the first step on your career path. If a promotion comes up that is within your scope of practice and your skill set, apply to the job. Even if you do not get it, different department heads will now know that you are somebody who is looking to do more and you want to be promoted in the company. For every company, the progression of a career can look different. It depends on the culture of the company, and how big the company is.

[@Jayjr-jc2wi]

@@theluckienurse Thanks for the detailed response. Im comparing healthcare administration to finance in terms of a long term career for me. In corporate finance you know pretty much the chain of progression analyst-manager-director-VP etc. Ive heard in the past that most Hospital CEO spots is filled by internal senior leadership most often the COO. I want to retire early as well maybe around 45ish-50 so compensation is a big factor in the compensation honestly seemed low are there higher paying routes? ( compared to corporate finance where directors with 10-14yoe start getting 150k base, 25 bonus, and equity. But of course its not all about pay but it is what would help achieve my personal goals as well.

[@theluckienurse]

@@Jayjr-jc2wi that makes sense… With healthcare, there is not always a clear path to the top. It really just depends what area of healthcare you were in and what organization you were at. There are hospitals, nursing homes (which sound random if you’re not in the world of healthcare, but it is very competitive and lucrative), rehab centers, outpatient centers… Healthcare is so broad and there’s so many different systems within the umbrella of healthcare. Specifically, when talking about hospitals, I also do not think that there is one clear path to the top. I will say though, if you are looking to retire that early, I’m not sure if being a bigwig in a hospital setting is the right route to go. I have met with a few different hospital CEOs in my area, and all of them were older. I personally have never met a hospital CEO or COO as young as the age that you are looking to retire. Of the higher ups that I know at hospitals, I know some that started the career in finance, I know a couple of nurses that went back to school for business… When it comes to those types of positions, it always seemed more about who you know than what you know. So networking would probably be more important than any one particular career path!

[@blingbyjessica]

Can I use my bachelor's degree in Healthcare Administration to be Medical Assistant Manager?

[@theluckienurse]

Absolutely! I’ve met managers with BA degrees in Healthcare Administration. It depends on the facility. Some want you to have a bachelors but many are okay with a bachelors degree and experience!!!

[@blingbyjessica]

@@theluckienurse what masters degree would you recommend if someone wanted to be a Healthcare Manager or Healthcare Administrator

[@theluckienurse]

@@blingbyjessica I would recommend an MHA (Masters in Healthcare Administration or Masters in Healthcare Management) or a regular MBA (Masters in Business Administration). The MBA is more broad in case you change your mind and want to move out of healthcare later. But since the MHA is a business degree specific to healthcare, it will be easier to find jobs in healthcare right out of school!

[@blingbyjessica]

@@theluckienurse ty