{"id":1817,"date":"2018-05-13T11:41:38","date_gmt":"2018-05-13T11:41:38","guid":{"rendered":"https:\/\/phlebotomyexaminer.com\/?p=1817"},"modified":"2018-09-14T16:15:01","modified_gmt":"2018-09-14T16:15:01","slug":"work-in-healthcare-with-business-degree","status":"publish","type":"post","link":"https:\/\/phlebotomyexaminer.com\/work-in-healthcare-with-business-degree\/","title":{"rendered":"Where Can You Work in Healthcare with a Business Degree?"},"content":{"rendered":"
When you think about the healthcare industry, you might not instantly consider a career business. But, jobs that combine business and health often go hand-in-hand. Business jobs in the healthcare industry are essential!<\/p>\n
Business jobs in hospitals are more abundant than we realize. When you think about it, the healthcare industry functions as a business. If commercially-minded people didn’t work behind the scenes<\/strong><\/a> to keep things going, the doctors, nurses, etc., would lack the resources and the\u00a0planning to do their jobs.<\/p>\n There are many benefits to working in the medical field. One of the positives is that it’s a continuously-growing industry. As the baby boomer generation continues to age, more need healthcare services.<\/p>\n As a result of this growth, more business leaders are needed. You’ll have tremendous job security, enjoy a high salary, and gain satisfaction through the work that you do each day.<\/p>\n You can use the skills and education you have for business. This will help the medical industry to function optimally making sure patients are getting the proper care that they deserve.<\/p>\n Let’s look at some of the business jobs in hospitals and elsewhere that are currently experiencing growth.<\/p>\n Healthcare executives (health service managers) are in charge of directing different medical departments. The coordinate facilities and make sure that everything is running efficiently. The business side of this job comes into play by looking and finances and analytics.<\/p>\n They use this information to improve efficiency. They are typically hired by large hospitals or clinics. But, health service managers can also work in nursing homes or home health centers.<\/p>\n A degree in business or health administration is usually required for this job. Skills like accounting and budgeting can also be beneficial. Healthcare executives should have strong organizational skills and be able to communicate effectively.<\/p>\n By staying on top of the business side of a hospital, healthcare executives allow medical professionals to perform their duties optimally. More patients are regularly seen, and they have the best resources.<\/p>\n On average, a medical service manager makes over $61,000 per year. How much you make will depend on the area of the country you work and what type of facility.<\/p>\n If you’ve always been good with the ‘numbers’ side of the business, you could consider becoming a budget analyst for the healthcare industry.<\/p>\n Budget analysts work for both public and private healthcare organizations. Some work for public hospitals, others work for research organizations, etc. Where you work will better determine your pay. But, on average a budget analyst makes about $75,000 each year.<\/p>\n <\/p>\n Strong numerical skills are needed for this job. It’s the responsibility of a budget analyst to create reports and track spending for medical facilities and organizations. They can also develop budgets for those facilities to cut down on spending and use finances more efficiently. Without budget analysts, many organizations wouldn’t know how much money they could invest or where they should make cuts.<\/p>\n To become a budget analyst, you\u2019ll need at least a bachelor’s degree. A degree in finance or accounting is recommended. But, if you have a business degree, there’s a good chance you took financing classes.<\/p>\n You can use the skills picked up there to do this job. Business communication is incredibly important for this career. It’s about more than just building financial reports. You must be able to communicate those reports to managers and the heads of different organizations.<\/p>\n If your business degree has given you a knack for sales and promotion, being a pharmaceutical sales rep could be your perfect fit for a long-term career in healthcare.<\/p>\n As a sales representative, you’ll have the responsibility of working for a pharmaceutical company. You’ll be required to sell different medications to healthcare facilities, private practices, etc. Many sales reps focus on one medicine at a time to meet their sales quota.<\/p>\n Working as a pharmaceutical sales rep requires skills in marketing and communication. But, you also have to have a lot of knowledge about the products you’re selling, and not only how they can benefit patients, but the facility you’re selling them to as well.<\/p>\n A bachelor’s degree in the business field is ideal, but a degree\u00a0in science or marketing can be useful and may be more likely to get you hired by a company.<\/p>\n The salary of a sales rep is around $125,000 each year. But, you can make a lot more as a specialty rep. There are many opportunities in this career for growth and advancement. So, if you’re good at selling the products you’re working with, you can end up earning a lot of money in healthcare<\/strong><\/a>.<\/p>\n Human resource specialists recruit employees to work in different positions.<\/p>\n They can be employed by hospitals, clinics, private practices, nursing homes, and more. There are specific human resources degrees, but many employers prefer to hire a specialist with a business degree, or at least a minor in business. This is because business graduates usually have the skills to make more administrative decisions.<\/p>\n Business graduates often help with payroll. They may also be more ‘business-minded’ when it comes to the hiring process. A human resource specialist needs to make sure they hire someone with the right skills for a job.<\/p>\n But, they also need to hire someone who will be of\u00a0benefit\u00a0to a particular hospital, clinic, etc., from a business standpoint. So, some combination of these degrees can be the perfect fit.<\/p>\n An HR specialist can make about $50,000 each year. It all depends on the size of the facility or organization. It also depends on how many extra responsibilities you have when recruiting employees.<\/p>\nBest Medical Careers with a Business Degree<\/h2>\n
Healthcare Executive<\/h3>\n
Budget Analyst<\/h3>\n
Pharmaceutical Sales Representative<\/h3>\n
Human Resource Specialist<\/h3>\n