Medical and Health care managers are also called as healthcare administrators or healthcare executives. They are responsible for planning and coordinating the health care services in an organization. They might manage an entire hospital or a particular clinical department or a medical practice for few physicians.
They typically perform the following activities as part of their job :
- Manage and distribute the workload
- Improve the quality of the service in the healthcare establishment
- Manage the finances of the healthcare organization
- Understand the changes in healthcare laws and regulations and work accordingly
- Work closely with the physicians and surgeons, registered nurses, laboratory technicians
There are various types of medical managers. They are:
- Clinical Managers are those who are responsible for a specific department such as surgery or medicine or pediatrics. They manage the finance and operations of their assigned department.
- Assistant Administrators are those who work under top managers and are responsible for day-to-day decisions.
- Health Information Managers are responsible for maintaining the patient records. They are aware of the latest technology and keep the organization informed of the latest laws in healthcare and changes in technology.
- Nursing home administrators are responsible for managing staff, finances and admissions in a nursing home.
The US Bureau of Labor Statistics state that there were about 315,500 jobs for medical managers in 2012. The industries that employed the most medical managers are shown below:
The median annual wage stated in 2012 is $88,580. The lowest 10 percent medical managers earned less than $53,940, and the top 10 percent medical managers earned more than $150,560. The median annual wages are shown below:
Jobs for Medical and Healthcare managers are expected to grow at 23% between 2012 to 2022. This growth outlook is much higher than the average of other occupations. The job outlook for Medical managers is shown below: