The efficient use of health care system is one of the most important topics of 21st-century society. With an ageing population and increasing demand for individualized and speciality care, healthcare will continue to be a fast-growing and complex profession in the coming years. Careers in healthcare management offer opportunities for individuals who have a talent for effective management and the heart for helping others.
Training in hospital management opens up a number of career options. Hospitals, both large and small ones, often have a team of managers to oversee operations in specific departments, such as human resources, health information and medical billing. Smaller hospitals may only have a few administrators that work in multiple administrative areas. A manager may also head the entire hospital administrative system.
According to the Indian Bureau of labour, job openings for medical and health services managers should increase by 17% between 2017 and 2024. This growth is due in part to changes in healthcare insurance regulations, the need for cost control measures and mandated computerization of hospital records. It predicts that professionals with advanced training and administrative experience may find many employment and advancement of opportunities.
There also lies a scope beyond hospitals for hospital management students in getting employed as health care programme coordinators or resource persons in international NGOs, WHO, UNICEF etc. Health care has become one of India’s largest sectors in terms of revenue and employment. As the healthcare sector is growing at a rapid pace due to its ever-increasing expenditure by the public and private players, there is a growing demand for qualified people in the hospital administrative sector. The overall Indian market today is considered to be worth the US $160 billion and is expected to grow at a CAGR of 22 percent.
This is an exciting time for healthcare management professionals. This field requires talented people to help introduce and manage the changes taking place. In their respective roles, healthcare executives have an opportunity to make a significant contribution to improving the health of the communities their organizations serve. As a result of the transformation taking place in the healthcare system, career options for healthcare executives are becoming more diverse. Increasingly, positions for healthcare executives may be found in a wide variety of settings, such as Ambulatory care facilities, Consulting firms, Healthcare associations, Home health agencies, Hospitals and hospital systems, Medical group practices, Mental health organizations, Public health departments, University or research institutions, etc.