Healthcare management is
emerging as a growing field with several career opportunities. Given the
possible growth of India’s health sector, professionals with specialized
management degrees will be sought after. It is estimated that healthcare
industry will grow at a CAGR (Compounded Annual Growth Rate) of 16.6%.
Many students today, are highly
confused with what to do after graduation. Some land a job after graduation,
but the majority must get a post-graduate degree to have a decent job.
Healthcare management is one
such field that has brilliant prospects in the job environment.
IIHMR University, may not be as
popular as Indian Institute of Management-Ahmedabad (IIM-A) or IIM Calcutta
(IIM-C), but it beats the well-renowned B-Schools when it comes to talent
placement in the healthcare industry. Interestingly, several premium B-Schools
in South East Asia struggle to match the number of students as well as hiring
companies that a handful of smaller but exclusive management institutes such as
IIHMR attract in their healthcare management stream, which is in high demand
now.
Currently, the demand outweighs
the supply and this is likely to continue in the coming decade. Here are some
top career opportunities available.
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MBA Hospital and Health Mangement |
Patient safety and quality
management coordinators
This position guides staff
within the hospital and seeks to improve the quality of patient care through
assurance and innovation in partnership with local teams. This helps in the
reduction of medical errors and other factors that contribute to accidental
patient outcomes. The Patient Safety and Quality Coordinator, together with
senior clinical and operational managers, is responsible for the implementation
of patient safety and quality improvement initiatives.
Hospital operations/hospital
administrators
Health administrators are
responsible for safeguarding the smooth operation of a hospital, hospital
system or healthcare organizations. As the backbone of healthcare systems,
healthcare administrators take up the responsibilities of supervising the vast
expanses involving medical personnel. They work behind the scenes to make all
types of health care facilities work as efficiently as possible and hire
doctors, develop budgets, come up with new policies and patient services.
Assistant medical
superintendents/ Deputy medical superintendents
They ensure high standards of
patient care and work to deliver on service quality standards along with
defining and implementing performance parameters for doctors. They are experts
in implementation and adhering to Standard Operative Procedures (SOP) in all
clinical specialties, conducting regular medical audits on an ongoing basis and
so on. They work to ensure that proper SOPs are in place for the efficient
admission, care and discharge of patients.
EOs of hospitals
It is of great importance for a
hospital to be run in as highly a cost-effective manner as possible and it is
handled by a Chief Executive Officer. A Hospital CEO is responsible for the
management and operation of an entire healthcare organization. The main
objective of the CEO is to plan, direct and coordinate operational activities
with the help of secondary-level executives and staff managers.
Entrepreneurs
Many hospital management experts
do not wish to join any industry or an organization, Startups can be hospitals,
consulting firms, management agencies or healthcare IT firms. option. of
start-ups and entrepreneurs, this is emerging as an interesting career scenario
but start a venture of their own. In this current
Training coordinators
They are responsible for
training, mapping out training plans, designing and developing training
programmes.
Managers/assistant managers at
third party administrators (TPAs)
TPAs function as an intermediary
between the insurance provider and the insured. One can join as managers and
assistant managers on pursuing healthcare management and these specialists work
with medical records, coding and billing professionals, and insurance companies
to ensure the plan benefits are properly applied.
Bio-medical waste management
expert
The Ministry of Essential and
Climate Change, Government of India, has raised the BMW Rules on March 28,
2016, through a gazette notification which states that every health care
facility is mandated to segregate and dispose of bio-medical waste as per these
rules. There is an imminent need to increase the awareness and training/
capacity building of the different category of health functionary in safe.
Centre disposal of bio-medical waste from hospital and health
District programme managers
These professionals are
designated to the monitoring and planning of district health strategies, as in
the National Rural Health Mission.
Consultants in International and
National NGOs
NGOs working in health field and
needs professionals from the healthcare sector to impart the appropriate
knowledge and skills to a fresh graduate. Not all institutes have the required
capabilities to provide curriculum and training to create job-ready candidates.
Thus, it is important to choose the right institution so that the right career
opportunities can unfold. specialized destination. However, there is a catch in
all these avenues. Healthcare and hospital management is a favoured sector is
another
The writer is Dean, Academics,
IIHMR