During the last few years, there have been rapid changes and increased demand for personnel in the healthcare field. One of the most pronounced areas of change has been the delivery of care and services.
This progress has been documented by various studies, with one statistic being that the domain of healthcare management would account for 3.1 million new jobs. This is the most expansive growth seen in any profession. The U.S. Department of Labor’s segment of employment and training administration (ETA) has also highlighted the growth in the profession. As per projections, employment in healthcare management and administration would increase by 52% by 2014.
Investment in the employee training field is also unprecedented. The U.S. ETA has initiated grants such as the High Growth Job Training Initiative, which amounts to $43,244,709. These are also helping to spur growth in the area and honing specialized staff.
With statistical indicators pointing out healthy projections, this area is definitely worth inspecting.
Defining career paths
Based upon the statistics that have been provided above, it’s pretty clear that the healthcare industry is a literal employment treasure chest in the U.S. However, in order to take advantage, career paths have to be defined.
The education paradigms in the last couple of years have taken a shift and the traditional way is making room for newer methods such as online and accelerated degrees. There has been an increase in the number of specializations on offer and also the authorities that give certifications.
The impact of education and employment demand can be understood with initiatives that are being taken by authorities within the U.S. For instance, Health and Human Services has initiated a $50 million fund in December 2013 to cater to behavioral health services. Such incentives are revitalizing the vitality of healthcare administration degrees offered by various institutes and the overall domain of healthcare management.
In light of the current economic scenario, having advanced and relevant degrees is a major advantage. Expanding fields mean that healthcare is not merely restricted to surgery and physician-based jobs, but there is a more beefy chunk to be had in the administration area.
Online courses in the healthcare field are aiding prospective students in gaining relevant experience pertaining to the management of healthcare service, legal issues that can arise in a healthcare setting as well as management of information systems. The market advantage of such a healthcare administration degree is that it provides up-to-date and appropriate knowledge. The education platform also has the flexibility to allow content to be adjusted as per the demand to prepare students for future job responsibilities.
Understanding the scope
Independent and objective analysis has placed healthcare jobs among the best jobs of 2014. CEOs and market experts emphasize the fact that this area is a consistent creator of jobs and there have been more openings than applicants to file for them.
Programs such as Community Health Advocate Outreach (as per the Affordable Care Act) mean that more people are needed in the administrative domain. The field is as necessary as research and development, which has been a major recipient of grants in the last few decades or so.
An analysis of the issue indicates that since the Affordable Care Act has a distinct element of corporate social responsibility, the administrative area of healthcare would garner a major job boost.
Figures of these sorts indicate that the market is showing a clear cut green signal to those who want to pursue careers in this field. With online education being a tool of convenience, it is an ideal time to make most of this opportunity.
The Bureau of Labor Statistics, another objective data sampler, places the median salary for healthcare administration related jobs at $88,580 per annum. Most important of all is the fact that this domain had 315,500 jobs in 2012, a major share of the market. The job outlook in a single year (2011-2012) increased by 23%, a percentage that has been documented as faster than the average.
Legislation driven employment options have the unique advantage of being sustainable. In the case of healthcare jobs, the Affordable Care Act means that administrative employment options would continue to grow.
The entire verdict clearly highlights the importance of the healthcare industry as an opportunity to advance careers. Not only do the numbers back the options, but government-based support adds to its legitimacy. Online education is also boosting healthcare careers.
Image Source: BigStockPhoto.com