November 19, 2020
"Wherever the art of Medicine is loved, there is also a love of Humanity." - Hippocrates.
Healthcare management is an ever-growing industry, and healthcare management jobs might see massive growth this year. The need for healthcare providers and facilities is growing as the population is rising and life expectancy increases thanks to medical advancements. The demand for professionals to manage healthcare facilities is also growing. The COVID-19 outbreak is proof that our healthcare system needs a major shot in the arm. This can only happen if more doctors and management personnel enter the healthcare industry. While doctors have a specific role to play due to the nature of the medical sciences, healthcare management professionals play a broader role.
Healthcare management or healthcare administration oversees the healthcare system, hospitals, public health systems, hospital networks or other medical facilities. Healthcare management professionals ensure that departments run smoothly and qualified employees are hired. They provide that information is disseminated efficiently throughout the organisation, specific goals are reached, and resources are used optimally. There are general and specialist healthcare management professionals. The former tend to oversee entire facilities, while the latter focus on administering specific departments like marketing, accounting, policy analysis or finance. This sector has many jobs
Healthcare management is an integral part of our healthcare system and needs to be focused on. This is an excellent field for building a stable and successful career. Healthcare management is thrilling, challenging, and impactful as you are indirectly or directly involved with patients' lives. To get started, you need a degree in healthcare management. You can pursue a executive programme in healthcare management.
Here are the six reasons why the Executive Programme in Healthcare Management is the need of the hour:
Advanced communication skills
The advantage of any executive course is that it exponentially expands your communication skills. Managers and business leaders need to communicate effectively to do their jobs. They have to see things from multiple perspectives and accurately deal with clients, employees, and investors, presenting persuasive and relevant information. Managers need to know how to handle inquiries, establish professional networks and deliver instructions. Executive courses in healthcare management can help you brush up on your communication skills, which is invaluable in this industry.
Procedure and process optimisation
While healthcare managers may not be hands-on with the treatment of patients, their work is just as crucial for saving lives. They streamline the operations of a hospital to ensure prompt and effective patient care. Studying an executive programme will help prospective healthcare manager gain an edge in overseeing operations in their workplace. Healthcare services are always looking for constant improvement, and process optimisation is a great way to ensure better care for patients.
More career options
This is the robot's age. A lot of traditional roles and responsibilities in healthcare have been automated. That has, however, opened up opportunities for people qualified enough to oversee such systems. One of the great benefits of an executive programme in healthcare management is that you have more career options in front of you. You can take up leadership positions in the industry and genuinely positively impact patients' lives.
Team Leadership Skills
One of the cornerstones of good management education is leadership and team management. Some responsibilities include interpersonal communication and professional management techniques, innovative tactics, methodologies for solving problems and creative solutions. Leaders in healthcare institutions are expected to inspire confidence in their employees and motivate them to work harder for the patients. Well, leadership isn't innate. Some skills need to be picked up. A comprehensive course in healthcare management will bestow upon you those essential leadership skills you need to steer a healthcare enterprise successfully.
You will always be in demand
The population of the world is rising. Healthcare services are stretched thin. Just take the case of the recent outbreak of COVID-19. Hospital systems have been unable to cope with the massive influx of patients. In times like these, an effective healthcare manager can guide a healthcare enterprise effectively. He/she can direct doctors and other healthcare personnel and give them specific instructions while overseeing operations. As a healthcare management professional, you will always be in demand. Whether it is in public health, insurance, hospital management or consulting firms, you will always find a fulfilling and well-paying role that will give you the chance to stretch your wings and soar. We need more well-groomed and effective healthcare managers in the country. Arming yourself with an executive programme in healthcare management is a great way to stand out from the crowd.
This is perhaps the most underrated advantage. The biggest boon of any management course is the package of finance skills that it gives to students. The emphasis on financial planning and cost-benefit analysis is great for those aiming to join the healthcare industry. All medical establishments need to effectively manage limited financial resources, so managers have to make sound decisions to return on investment. Management and Business-oriented education give students the tools and knowledge they require to use opportunities and mitigate the risks that come with high-level financial decisions. A good understanding of accounting and logistics and some financial planning can help healthcare management aspirants forge a good career path.
Hence, an Executive Programme in Healthcare Management by IIM Calcutta in collaboration with TimesTSW is necessary if you want to flourish in this field. Having experience can only take you so far. You need to have the knowledge and certificates if you're going to climb up the corporate ladder. For those entrenched in work and cannot afford to take time off to do a full-time degree, there's always the option of pursuing one of the many online courses in healthcare management. An online course has multiple benefits. You don't have to attend a class physically, yet you give assignments and exams online and get a degree upon successful completion. Well, whether it's online or full-time, having a degree can give you a distinct edge and get you noticed over your competitors in the eyes of potential employers.