Edited By Lauren Monser
Review & Contribution By Laura Martinez
A Master’s in Healthcare Management Online offers training in healthcare systems, finance, and leadership, equipping you for management roles in hospitals, clinics, and healthcare organizations, driving efficiency and improving patient care.
A master’s in healthcare management online typically covers a range of topics, including healthcare policy, financial management, organizational leadership, healthcare economics, quality improvement, healthcare informatics, and strategic planning. The combination of theoretical coursework and practical experiences ensures that graduates are well-prepared to address the challenges and demands of the evolving healthcare landscape. The skills acquired through a healthcare management master’s online include critical thinking, decision-making, and leadership, which are crucial for making informed and strategic decisions in healthcare settings. Graduates are prepared to take on various roles in healthcare administration, such as healthcare administrator, hospital manager, healthcare consultant, policy analyst, or pharmaceutical project manager. The U.S. Bureau of Labor Statistics reports a competitive median annual salary of $104,280 for medical and health services managers, reflecting the industry’s growth and demand for skilled professionals [1].
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Featured Online Masters in Healthcare Management Programs
Find the Best Master’s in Healthcare Management Online Programs
Identifying the best Master’s in Information Systems programs can be daunting. Prospective students should evaluate several key factors, including the faculty’s expertise and reputation, the program’s duration, ease of access to resources, and available financial aid options. Accredited institutions with flexible online options, diverse courses, and robust support services can provide a comprehensive and enriching educational experience in this field. The teams at FBD have researched the best online Master’s in Information Systems using a proprietary methodology and compiled the following list (not arranged by ranking):
Univ | Address | Tuition | Grad Rate |
Stony Brook University | 310 Administration Building, Stony Brook, New York 11794 | $11,310 | 78% |
Universities and programs are ranked by various factors, such as affordability, curriculum and coursework, reputation and availability, program length, statistics, the potential of employment, and return on investment for the students. For a more in-depth analysis, please read about our rankings methodology page.
What to Expect from an Online Master’s in Business Administration Degree in Healthcare Management
A master’s in healthcare management online degree is tailored to delve into fundamental inquiries within the domain of Healthcare Management, addressing pivotal aspects ranging from the historical evolution of healthcare systems to their contemporary operations. Typically spanning a two-year duration for full-time enrollment, this program offers both thesis and non-thesis tracks. It is available in online, offline, and hybrid study modes, giving students flexibility in their learning journey. Comprising 30-45 credit hours of graduate coursework, with a minimum of 24 formal course credits, the program’s adaptable structure accommodates diverse learning needs. A master’s in healthcare management online prepares graduates for various impactful roles, including healthcare administrator, hospital manager, consultant, analyst, or pharmaceutical project manager, offering a valuable pathway to success in the rapidly evolving healthcare industry.
Curriculum and Coursework
The master’s in business administration in Healthcare Management is meticulously designed to offer a specialized and holistic education tailored to the ever-evolving healthcare landscape. This comprehensive framework equips students with the essential skills and knowledge for effective healthcare administration, policy development, financial management, and organizational leadership. The curriculum covers core areas for effective healthcare management, including healthcare economics, quality improvement, and strategic planning. Students delve into case studies, practical applications, and real-world scenarios to develop a practical understanding of the challenges faced by healthcare professionals.
Graduates are typically required to complete a thesis, demonstrating their ability to critically analyze healthcare management issues and contribute to the academic discourse in the field. The thesis is often followed by an oral defense, allowing students to showcase their research and analytical skills. Those pursuing the degree with a non-thesis option must gain credits through coursework, capstone, and other components. Different institutions have their specialized curriculum. However, some core courses that one finds across different coursework include:
Healthcare Economics
In this course, students examine the economic forces that influence healthcare, including the principles of supply and demand, healthcare market structures, and the role of insurance. Cost-effectiveness, pricing strategies, and the economic implications of healthcare decision-making are explored, providing a foundation for understanding the financial dynamics of the healthcare industry.
Healthcare Policy and Regulation
This course delves into the intricate landscape of healthcare policies and regulations, offering an in-depth analysis of the legal frameworks and government policies that shape healthcare systems. Students explore healthcare reform, access to care, and the impact of regulatory changes on healthcare organizations. Case studies and discussions provide insights into navigating the complex regulatory environment.
Strategic Planning in Healthcare
This course equips students with strategic management skills tailored to the healthcare sector. Emphasis is placed on long-term planning, organizational development, and effective decision-making. Students engage in strategic analysis, scenario planning, and developing healthcare-specific strategic plans, preparing them to navigate the rapidly evolving healthcare landscape.
Quality Improvement in Healthcare
Quality Improvement in Healthcare explores methodologies for assessing and enhancing the quality of healthcare services. Students learn about performance measurement, patient safety initiatives, and quality improvement models. Real-world case studies and hands-on projects enable students to apply quality improvement concepts to enhance patient outcomes and organizational performance.
Financial Management in Healthcare
Financial Management in Healthcare focuses on the unique financial challenges healthcare organizations face. Topics include budgeting, financial planning, and the intricacies of healthcare reimbursement systems. Through case studies, students develop financial insight to make informed decisions in managing resources within the healthcare setting.
Some additional fundamental courses that students of online health care management master’s can find include
- Healthcare Marketing and Communication
- Ethics and Legal Issues in Healthcare
- Global Health Management
- Healthcare Human Resources Management
- Healthcare Research Methods
- Healthcare Information Systems and Technology
- Organizational Leadership and Management
- Healthcare Operations Management
- Population Health Management
- Healthcare Analytics and Data Management
- Health Policy Analysis
- Healthcare Marketing and Branding
For more insights into master’s programs, refer to the Guide to Master’s Programs.
Learning Outcomes and Skills Gained
A master’s in business administration in Healthcare Management program provides students with a robust foundation in healthcare policy, economics, finance, strategic planning, and quality improvement. The interdisciplinary nature of these courses prepares graduates for leadership roles where they can effectively address the multifaceted challenges within the healthcare industry.
By the end of a master’s in healthcare management online program, one will demonstrate the ability to
- acquire leadership skills to lead teams and manage healthcare organizations effectively;
- analyze healthcare policies to understand their implications on healthcare delivery, access, and quality;
- use methodologies for assessing and enhancing the quality of healthcare services and patient safety;
- navigate complex ethical considerations in healthcare delivery and decision-making;
- understand marketing principles as applied to healthcare services and effective communication strategies;
- gain insights into global healthcare challenges, cross-cultural management, and strategy for addressing international health issues;
- use which strategies are needed to improve population health and preventive care and address healthcare disparities;
- analyze complex healthcare issues and formulate effective solutions;
- use data analytics in healthcare decision-making, including healthcare data management and interpretation.
- adapt to changes in the healthcare landscape, and manage organizational change effectively.
Types of Master’s Degrees Healthcare Management Students Can Obtain
The master’s in healthcare management online is a specialized degree designed for individuals seeking leadership roles within the healthcare industry. This program combines core business management principles, focusing on healthcare-specific challenges and opportunities. These courses provide a foundational understanding of business principles applicable to the healthcare sector.
Master’s of Business Administration with Healthcare Management specialization
MBA programs typically include core business courses covering finance, marketing, operations, strategy, and leadership. Some MBA programs specialize in healthcare management, including courses specific to the healthcare industry. Topics may include healthcare policy and regulation, healthcare economics, healthcare informatics, quality improvement, and strategic management in healthcare.
Areas of Specialization for HealthCare Management Students
Specializations are an excellent way to focus on a specific area within Healthcare Management. Some master’s in healthcare management specializations one can pursue are:
Area of Specialization | Description | Career Options |
---|---|---|
Healthcare Information Management | The Health Information Management specialization addresses compliance with healthcare regulations, industry standards, and ethical considerations for managing sensitive health information. This ensures that students are well-versed in navigating the legal landscape surrounding healthcare data and are equipped to implement robust measures to safeguard patient privacy. | Various roles as Health Information Manager, Medical Records Supervisor, Health Data Analyst, Health Information Technician, Health Informatics Specialist, and more. |
Healthcare Finance | In the Healthcare Finance specialization, graduates are well-positioned for various career paths within the healthcare industry. Whether analyzing financial data as a Healthcare Financial Analyst, overseeing financial operations as a Hospital Finance Manager, managing the revenue cycle, conducting audits, or specializing in health economics, these professionals play a crucial role in sustaining the financial health of healthcare organizations. | Various roles as Healthcare Financial Analyst, Hospital Finance Manager, Revenue Cycle Manager, Healthcare Auditor, Health Economics Specialist, and more. |
Healthcare Administration | The Healthcare Administration specialization prepares individuals for leadership roles within the healthcare industry by deeply understanding organizational dynamics, policy implementation, strategic planning, quality improvement, and ethical leadership. | Various occupations include Healthcare Administrator, Hospital Executive, Clinic Manager, Health Services Manager, Healthcare Consultant, and so on. |
Healthcare Ethics and Compliance | The Healthcare Ethics and Compliance specialization deals with ethical challenges; students develop the skills to make moral decisions that prioritize patient welfare and adhere to ethical standards. Compliance with healthcare regulations is another essential component of this specialization. | Various occupations as Healthcare Ethics Officer, Compliance Specialist, Risk Management Analyst, Regulatory Affairs Manager, Healthcare Compliance Auditor, etc. |
Human Resources in Healthcare | The specialization covers legal and ethical considerations in human resources management within healthcare. Students learn to design and administer compensation packages that align with industry standards and recognize the unique contributions of healthcare professionals. | Various occupations as Healthcare HR Manager, Recruitment Specialist, Employee Relations Coordinator, Training and Development Manager, Compensation Analyst, and more. |
Health Information Systems | This specialization teaches students how to use information technology to improve clinical workflows, enhance communication among healthcare professionals, and ultimately contribute to better patient outcomes. This includes understanding the role of informatics in standardizing data collection, ensuring data accuracy, and promoting evidence-based practices. | Various occupations as Health IT Manager, Clinical Informatics Specialist, Health Information Systems Analyst, EHR Implementation Specialist, Health Data Integration Manager, and so on. |
Full-Time and Part-Time Programs
As with most educational degrees, the time required to obtain a healthcare management master’s program would depend on the student’s availability or ability to complete the program of coursework. On average, it takes about two years to complete a master’s degree when completed full-time. A part-time master’s degree in Healthcare Management would take more than two years. One can complete the program in an accelerated format in less than two years. Here is a quick summary of the timeline to complete the healthcare management master’s in business administration programs online:
- Full-Time Programs: two years to complete the master’s in healthcare management online program
- Part-Time Programs: more than two years to complete the master’s in healthcare management online program
- Accelerated Programs: less than two years to complete the master’s in healthcare management online program
Accelerated Healthcare Management Programs
An accelerated master’s in healthcare management online helps complete a master’s degree in less time than required through a regular program. Applying to graduate programs in the accelerated format is the same as the standard application procedures for a traditional master’s degree. Students usually take up accelerated programs as they have other priorities like work and lessen the program’s cost. They can accelerate their programs by fast-tracking their degrees and transferring their credits. Some accelerated master’s in healthcare management online programs available across the United States can be found at Eastern University [2], Yale University [3], and so on.
Requirements for Getting into a Master’s in Healthcare Management Online Program
A student’s requirements to fulfill a master’s in business administration in Healthcare Management program are the same as other master’s programs. They need to understand all the requirements required for a master’s program to understand their qualifications. Some of the standard admission requirements for healthcare management master’s programs are mentioned below:
- Bachelor’s degree in Healthcare Management or related fields is typically expected
- Pre-requisite coursework like English or other courses
- Minimum Grade Point Average or GPA of 3.5 or more is generally required (some programs have a lesser GPA requirement)
- Scores of standardized tests like Graduate Record Examinations or GRE scores are typically required
- 2 or 3 letters of recommendation
- Statement of purpose or personal statement
- Essay for entrance to the program (may not be needed for some programs)
No GRE Master’s in Healthcare Management Online Programs
The Graduate Record Examination [4], or GRE, is a standardized test that colleges use as an admission requirement for many graduate schools across the United States, Canada, and other countries. Most colleges require GRE scores for enrollment into the master’s program. Students are required to submit such GRE scores while enrolling in the program. However, some institutions across the United States have removed the requirement for a master’s or made the requirement of GRE scores optional. Removing the mandatory requirement of GRE scores helps a more significant number of students to apply for such programs in Healthcare Management. Some colleges providing a master’s in business administration in Healthcare Management no gre include Franklin University [5], University of Central Missouri [6], and so on.
How to Ensure an Master’s in Healthcare Management Online Program Is Accredited
The Commission on Accreditation of Healthcare Management Education (CAHME) [7] accredits online healthcare management master’s in business administration, particularly emphasizing master’s programs. Its relevance also encompasses programs that incorporate advanced coursework in healthcare management. In contrast, the Accreditation Council for Business Schools and Programs (ACBSP) focuses on accrediting business programs, including those that offer concentrations in healthcare management [8]. For a comprehensive understanding of accreditation, it is advisable to consult the Guide to College Accreditation.
Where to Find Free Online Courses for Healthcare Management Master’s in Business Administration Students
Free courses can provide additional insights into various healthcare management aspects. Some free Healthcare Management courses those pursuing a master’s degree could pursue are:
Course | Description | Provided by |
---|---|---|
Leading Healthcare Quality and Safety [9] | This course connects participants to valuable research and resources from prominent organizations such as the World Health Organization (WHO), the US Agency for Healthcare Research and Quality (AHRQ), the Joint Commission, and other international entities. The curriculum is enriched with personal stories, lessons learned from diverse industries, and exclusive interviews with influential leaders, including the President of the National Committee for Quality Assurance (NCQA), offering valuable insights into the quality movement. | Coursera |
Health in Numbers: Quantitative Methods in Clinical & Public Health Research [10] | The course emphasizes the crucial skills required to discover patterns and extract knowledge from health data, providing a foundation for informed decision-making in clinical and public health research. Key topics covered include the principles of biostatistics and epidemiology essential for conducting sound investigations. | Harvard University |
Managing Health and Safety in Healthcare [11] | This course provides an in-depth examination of healthcare safety and health management laws relevant to the healthcare sector. This free online course empowers individuals to enhance their understanding of occupational health and safety management in healthcare environments. It is a valuable resource for contributing to a safer and healthier workplace. | Alison |
Ways to Pay for an Master’s in Healthcare Management Online
Scholarships for Master’s in Healthcare Management Online Degree Students
Some master’s in healthcare management online scholarships are highlighted below:
Scholarship | Description | Award/Amount | Application Deadline |
---|---|---|---|
ACHE Albert W. Dent Graduate Student Scholarship [12] | ACHE Albert W. Dent Graduate Student Scholarship aims to support minority students pursuing graduate education in healthcare management or a related field. The scholarship provides financial assistance to help cover tuition, fees, and other educational expenses associated with graduate studies in healthcare management. | $5,000 | March 31st |
Healthcare Information and Management Systems Society (HIMSS) Foundation Scholarships [13] | The HIMSS Foundation Scholarships support students pursuing education and careers in health information and technology-related fields. Interested students typically need to apply with details about their academic achievements, career goals, letters of recommendation, and possibly an essay or personal statement. | $5,000 | TBA |
National Association of Health Services Executives (NAHSE) Scholarship Program [14] | The NAHSE Scholarship Program is designed to support the educational and professional development of individuals pursuing healthcare management and health services administration careers. NAHSE may offer various scholarships with different focuses, including undergraduate and graduate scholarships for specific healthcare management and administration specialization areas. | $7,000 | March 15 |
Career Opportunities and Salaries After Graduating
A Master’s in Healthcare Management opens diverse career opportunities in the dynamic and evolving healthcare industry. Graduates of this program are equipped with a unique blend of managerial, strategic, and healthcare-specific skills, making them valuable assets for various roles within healthcare organizations.
According to the Bureau of Labor Statistics (BLS), the field of healthcare management is expected to grow significantly, with a projected 32% increase in jobs by 2030. The average salary for healthcare management positions is $104,280, with the top 10% earning over $195,630 [1]. With a master’s in healthcare management online, one can get some advanced roles, such as:
- Healthcare Executive
- Health Policy Analyst
- Clinical Director
- Health Informatics Manager
- Population Health Manager
- Hospital CEO
- Healthcare Consultant
- Research Director
- Health Innovation Specialist
- Healthcare Financial Manager
- Chief Operating Officer (COO)
- Quality Improvement Director
- Health Information Technology Director
- Risk Management Specialist
Some of these roles are expanded below:
Occupation | Skills Required | Median Annual Salary | Job Growth (up to 2032) | Job Description |
---|---|---|---|---|
Medical and Health Services Managers [1] | Analytical skills, communication skills, detail-oriented, leadership skills, and technical skills. | $104,830 | 28% (much fast than average) | Medical and Health Services Managers are pivotal in ensuring the facility’s compliance with pertinent laws and regulations. They are responsible for creating and managing work schedules for the healthcare team, representing the facility or department at meetings or on governing boards, and maintaining organized records of facility services, such as utilizing inpatient beds. |
Health Information Technologists and Medical Registrars [15] | Analytical skills, detail-oriented, integrity, interpersonal skills, problem-solving skills. | $58,250 | 16% (much faster than average) | Health Information Technologists and Medical Registrars track patient outcomes is a critical aspect of their work, directly contributing to ongoing quality assessment efforts. Their analytical skills are crucial for deriving meaningful insights from clinical data related to medical treatment, follow-up, and results, ultimately supporting the delivery and improvement of patient care. |
Health Human Resource Managers [16] | Communication skills, decision-making skills, interpersonal skills, leadership skills, and organizational skills. | $130,000 | 5% (faster than average) | Health Human Resource Managers oversee employee benefit programs and consult other managers on various human resources issues, including equal employment opportunity and sexual harassment. They handle staffing issues, mediate disputes, and direct disciplinary procedures when necessary. |
Public Health Social Worker [17] | Communication, compassion, interpersonal, organizational, and problem-solving skills. | $55,350 | 7% (faster than average) | Public Health Social Workers respond to mental health emergencies and cases of child abuse; they provide crucial support during critical situations. Resource referral and advocacy are essential to their role as they research, refer, and advocate for community resources that enhance clients’ well-being. |
Health Education Specialists [18] | Analytical skills, communication skills, instructional skills, interpersonal skills, and problem-solving skills. | $59,990 | 7% (faster than average) | Health Education Specialists are vital in securing grant funding, contributing to disease awareness, and advocating for policies to improve public health. Tailoring programs to specific diseases or target audiences ensures relevance and effectiveness in their outreach efforts. |
Certifications and Licensing for Online Master’s in Business Administration Students in Healthcare Management
Certifications extend a master’s degree, enabling fresh graduates and professionals to better their career prospects. Some professional certification master’s in healthcare management online graduates could consider are:
Certified Professional in Healthcare Quality (CPHQ) [19]
The Certified Professional in Healthcare Quality (CPHQ)-certified professionals are equipped with skills to drive continuous improvement in healthcare settings by analyzing data, ensuring compliance with regulations, and fostering a safety culture.
Certified Healthcare Financial Professional (CHFP) [20]
The Certified Healthcare Financial Professional (CHFP) certification comprises two modules: the Business of Healthcare and Financial Management. The Business of Healthcare module covers foundational topics like healthcare delivery models, payment systems, and regulatory environments. In contrast, the Financial Management module focuses on advanced financial concepts such as capital structure, risk management, and financial strategy development.
Certified in Healthcare Privacy and Security (CHPS®)[21]
Individuals with Certified in Healthcare Privacy and Security (CHPS®) certification are well-versed in the complex interplay between technology, policy, and regulatory requirements governing healthcare information. It enhances career opportunities and improves healthcare information systems’ integrity and trustworthiness.
Certified in Healthcare Compliance (CHC) [22]
Individuals with the Certified in Healthcare Compliance (CHC) designation play critical roles in healthcare organizations, overseeing compliance programs, conducting internal audits, and implementing measures to mitigate compliance risks. The certification signifies a commitment to maintaining the highest ethical conduct and integrity standards in navigating the complex landscape of healthcare compliance.
Additional Resources for Master’s in Business Administration Students in Healthcare Management Degree
Healthcare management is a vast subject with many challenges and evolving ideas. Therefore, healthcare management graduates must network with others, update their knowledge, and become better at what they do. To that end, some professional organizations help, such as:
Title/Resource | Description |
---|---|
American College of Healthcare Executives [23] | American College of Healthcare Executives (ACHE) plays a pivotal role in education and professional development, offering a range of programs, resources, and events. These initiatives help healthcare professionals stay updated on industry trends, enhance their leadership skills, and fulfill continuing education requirements. ACHE’s portfolio includes conferences, webinars, seminars, and publications. |
Health Care Administrators Association [24] | The Health Care Administrators Association (HCAA) has many benefits, like annual conferences in person, virtually, or a combination of both; members gain insights into industry trends, engage in discussions on critical issues, and establish valuable connections. Exclusive monthly newsletters keep members in the loop about industry news, and there’s a new addition—an iHealthFlix Membership, offering access to a video library on healthcare business topics. |
Healthcare Financial Management Association[25] | Healthcare Financial Management Association (HFMA) organizes various educational programs, events, and resources, including conferences, webinars, workshops, and publications. Members are drawn from multiple healthcare settings, such as hospitals, health systems, physician practices, and other healthcare organizations. |
Medical Group Management Association [26] | Medical Group Management Association (MGMA) offers certification programs to recognize expertise in medical practice management, contributing to the professional development of its members. Through advocacy efforts, MGMA actively represents the interests of medical group practices, influencing healthcare policy and regulations. |
American Health Information Management Association [27] | American Health Information Management Association (AHIMA) plays a pivotal role in education, offering certifications such as the Certified Coding Specialist (CCS) and the Registered Health Information Administrator (RHIA) to validate the expertise of professionals. Advocacy efforts by AHIMA contribute to shaping healthcare policies and regulations, ensuring a voice for health information professionals. |
FAQs About Master’s in Healthcare Management Online Programs
Why pursue a master’s in healthcare management online?
Opting for a master’s in healthcare management online presents numerous compelling advantages. Online programs deliver flexibility, balancing education, work, and personal commitments. This flexibility is especially advantageous for healthcare professionals aiming to advance their careers without disrupting their current roles. Furthermore, online learning provides access to top-tier programs from reputable institutions, irrespective of geographical constraints. The digital format often incorporates innovative technologies, fostering a dynamic and interactive learning experience. Additionally, the online environment encourages collaboration with diverse professionals, enriching the understanding of healthcare management through varied perspectives.
Is it secure to pursue a master’s in healthcare management online?
What can I do with a master’s in healthcare management online?
Is an online healthcare management master’s program affordable?
Is a thesis required for a master’s in healthcare management online?
Can you customize your study plan in a master’s program?
Citations:
U.S. Bureau of Labor Statistics: Occupational Outlook of Medical and Health Services Managers
University of Central Missouri
Commission on Accreditation of Healthcare Management Education (CAHME)
Accreditation Council for Business Schools and Programs (ACBSP)
Leading Healthcare Quality and Safety-Coursera
Health in Numbers: Quantitative Methods in Clinical & Public Health Research-Harvard University
Managing Health and Safety in Healthcare-Alison
ACHE Albert W. Dent Graduate Student Scholarship
Healthcare Information and Management Systems Society (HIMSS) Foundation Scholarships
National Association of Health Services Executives (NAHSE) Scholarship Program
U.S. Bureau of Labor Statistics: Occupational Outlook of Health Human Resource Managers
U.S. Bureau of Labor Statistics: Occupational Outlook of Public Health Social Worker
U.S. Bureau of Labor Statistics: Occupational Outlook of Health Education Specialists
Certified Professional in Healthcare Quality (CPHQ)
Certified Healthcare Financial Professional (CHFP)
Certified in Healthcare Privacy and Security (CHPS®)
Certified in Healthcare Compliance (CHC)
American College of Healthcare Executives
Health Care Administrators Association
Healthcare Financial Management Association