Healthcare is one of the world’s largest and fastest-growing industries. Healthcare includes a wide range of companies offering clinical services, manufactured drugs, medical equipment, health insurance, and healthcare-related support services. These organizations play a crucial role in diagnosing, treating, and managing illnesses, diseases, and injuries.
Healthcare administration is the business side of the healthcare industry, managing non-clinical aspects of healthcare operations, including staffing, budgeting, finance, and long-term strategic planning, all to ensure the success of the healthcare provider or system.
The future of the healthcare sector depends on the commitment and excellence of qualified professionals. The industry is impacted by many different forces, including increased lifespan, technological advancements, political climate, and the need for healthcare policy. As leaders in a dynamic and interdisciplinary field, healthcare administrators strive to improve the business of healthcare. This endeavor begins with sound policy and top quality patient care.
Healthcare administrators use many different talents, skills, and abilities, which are put to use in managing the people and processes of healthcare services.
The successful healthcare leader develops essential skills and aptitudes, including:
● Flexibility and adaptability
● Attention to detail
● Strategic decision-making
● A patient-first orientation
● Collaboration and teamwork
● Emotional intelligence
● Technological management
● Relationship development
● Effective communication skills
Caldwell University’s M.B.A. with a concentration in Healthcare Administration prepares graduate students with these very skills, and provides a strong foundation of business and healthcare-specific knowledge. Students engage with challenging topics delivered by experienced leaders in the healthcare industry through courses that include healthcare finance, strategic planning, operations management, and leadership. Graduates will gain a competitive advantage in the healthcare industry.