Healthcare Informatics MBA

Ask most people what field they think is the most rewarding and best to enter, career-wise, and odds are well over half of them will tell you the healthcare industry as their answer. Few industries offer the same combination of financial reward, personal satisfaction, job security, and employee benefits. As a result, choosing to enter the healthcare field makes a lot of sense. But you don’t have to enter it in a caregiving position in order to reap the rewards. In fact, some of the best careers in healthcare are actually not at the bedside at all. Healthcare informatics is a perfect example of this.

Healthcare informatics may sound like a complicated job, and in theory it can be very complex. But at its most basic level, all that this field focuses on is the collection, storing, and access of health related information and how it is used and analyzed. This isn’t really applied to things like medical billing, but rather the actual information that doctors and researchers use to make a diagnosis and determine what treatments to use for patients.

Earning a healthcare informatics MBA takes you beyond what those with an undergrad degree in the field will be capable of and combines business management and leadership skills with health informatics to turn you into a true leader in the field. You’ll be qualified to actually design, implement, and manage entire systems used to store, analyze, and access healthcare information for your health center and will have a huge impact on how effectively and efficiently doctors can treat patients.

There are some very positive statistics backing up a decision to earn a degree in this field, as well. They include:

  • An estimated sixteen percent growth in the demand for professionals in the field by the year 2018.
  • Salary averages of eighty thousand dollars or more, a figure that is over double the national salary average.
  • Employment opportunities in virtually every part of the country, in hospitals, labs, clinics, long term care facilities, and private physician offices.

Earning an MBA in the field takes an investment of time and energy, but it can give you some serious rewards. In terms of just what to expect when enrolling, here are a few things you won’t want to forget.

  • First of all, only choose fully accredited colleges and universities. A non-accredited degree won’t be worth the paper it’s printed on.
  • Most MBA programs consist of core classes followed by specialty classes in your chosen field. Be sure that you don’t skip over a college just because the phrase “Healthcare Informatics MBA” isn’t listed – they may offer something like an MBA with Specialization in Healthcare Informatics instead.
  • Don’t feel like you have to give up your current position, either. Today most MBA programs are designed for working professionals. They’ll be part time and usually feature an online learning component that makes it easier for you to fit your education into your schedule no matter how busy you may be.
  • Most programs will require that you have a related undergraduate degree and that you complete at least one to two years’ work in the field before you qualify for enrollment. GMAT scores may be required, but many schools are dropping these tests as a requirement due to the understanding that on the job experience is more important.

If you’re thinking of entering the health field or are already employed and want to move your career to the next level, earning a healthcare informatics MBA degree could be exactly what you’re looking for. It will give you the skills to take your career in exciting new places and will reward you for the rest of your life.