What can you do with an MHA? When someone is seeking a Masters healthcare management program, they should consider the different options available for MHA degree programs. As the medical industry continues to grow in large numbers across the nation, the need for educated healthcare administrator positions is in high demand.
When you ask “What can I do with an MHA?”, know that you are going to the Director’s office of a healthcare facility. With healthcare administration masters programs, administrators are able to gain the leadership experience and skills needed to direct and lead these facilities that have a variety of staff members, as well as work with residents, family members, and know federal regulations thoroughly. Health administration masters programs are designed to make students administrator ready upon degree completion.
Healthcare Administration Masters Programs
Healthcare Administration Masters programs are offered through a variety of colleges and universities across the nation, especially as the demand for the position grows. Students in these programs have the flexibility to take them in the classroom as evening courses or obtain their degree through health administration masters programs found through online institutions. MHA degree programs offer a variety of content that includes leadership, policies, budgeting, and other types of skills and duties that a Director of a healthcare facility requires. These health administration masters programs also carry accreditations from state to state, making it a reputable degree that can be carried throughout a career.
While healthcare administration masters programs can be costly, the skills that are taught during this program and the masters in healthcare administration salary that accompanies a director with this formal education allows the cost and time of this program to be worth it. Often, students in health administration masters programs find themselves taking out student loans, or taking classes one at a time for, but the masters in healthcare administration salary allow them to repay these loans quickly and eliminate the debt. Scholarship opportunities are also available.
MHA Jobs: What Can I Do With an MHA?
MHA jobs that are available with a masters healthcare management degree include:
- Chief Nursing Officer
- Clinic Director
- Hospital Director
- Nursing Home/Assisted Living Facility Director
- Vice President
When you obtain a master’s healthcare management from one of the available MHA degree programs, you find yourself immediately looking at roles that are solely administration, where you are directing an entire department or entire facility. With these administrative positions come masters in healthcare administration salary options, which will upgrade current salaries significantly after you have earned your degree and either been promoted to an administrative position within your current facility or offered an administrative position.
Masters in Healthcare Administration Salary
One of the leading benefits to complete one of the health administration masters programs is to receive the masters in healthcare administration salary. These salaries range from the high 80k range to six figures, around 150k. In most cases, the salary is based on the size of the facility, and the number of doctors or nurse practitioners that are employed within the facility. The more licensed staff, the higher the salary.
In larger cities with bigger facilities, higher salaries are seen for those who have completed healthcare administration masters programs. Some of the highest salaries in these areas are around $144,000 to $150,000 easily, especially, when they employ ten or more physicians.
For nursing homes or assisted living facilities, for directors with a masters in healthcare administration, salary is based upon their residents and staff numbers that are within the facility. Most of these facilities do not regularly employ full-time physicians, so have a Director of Nursing and adequate staff based upon the number of residents will determine the salary.