Employment & Job Outlook:-
Every business needs good management to keep it running smoothly hence the health care industry too. Medical and health services managers, also referred to as health care executives or health care administrators, plan, direct, coordinate, and supervise the delivery of health care. These workers are either specialists in charge of a specific clinical department or generalists who manage an entire facility or system.
As the largest industry in 2006, health care provided 14 million jobs—13.6 million jobs for wage and salary workers, Of the 13.6 million wage and salary jobs, 40 percent were in hospitals; another 21 percent were in nursing and residential care facilities; and 16 percent were in offices of physicians and about 438,000 jobs for self-employed and unpaid family workers.
Applicants with work experience in the health care field and strong business management skills should have the best opportunities. Employment of medical and health services managers is expected to grow 16% from 2006 to 2016, faster than the average for all occupations.
In 2007, Median annual earnings of wage and salary medical and health services managers in New York, New Jersey & Washington were $99,580, $100,060 & $111,720 respectively. At same time Yakima, WA becomes top paying states with $125,860 mean annual wages. The Medical Group Management Association reported that, in 2006, median salaries for administrators were from $72,875 to $132,955. Read more about career & job outlook