Health Informatics: A Lucrative Job Market

The Health Informatics Job Market: Lucrative and Robust

Health informatics is a robust, and growing, field at the nexus of healthcare and technology. According to the U.S. Bureau of Labor Statistics, the number of jobs in the field is projected to grow twice as quickly as overall employment through 2022, rising 22 percent.1 Demand, however, varies across the U.S.

States With the Most-Vibrant Health Informatics Job Growth

Job markets where demand for health informatics professionals is expanding quickly can be found in regions throughout the U.S., according to data from job market analytics firm Burning Glass Technologies. Here’s a look at the areas with the most-vibrant job growth.

Northeast and Mid-Atlantic.

Massachusetts, Connecticut and the District of Columbia have high concentrations of healthcare information technology companies that have contributed to strong job growth. Massachusetts has launched a private-public initiative to strengthen its reputation as a hub for healthcare IT innovation.2

Midwest.

In Michigan, Illinois and Missouri, institutions are engaged in cutting-edge research in informatics, while at the same time, job demand also is high in more-rural states, like South Dakota, which are innovating in areas such as telemedicine.

South.

Georgia, Louisiana and Virginia are the states that stand out in the South. Two examples of strong informatics activity in the region: Georgia is creating a statewide incubator,3  while Louisiana has established a network of more than 100 hospitals that share information on healthcare quality and population health measures.4

West.

A focus on informatics and health IT in California’s Silicon Valley is being echoed by innovative efforts to integrate healthcare data in Oregon5 and Arizona,6 two states with high job demand.

Salaries Are Far Above Average

Salaries in the health informatics field are excellent. The average salary for health informatics professionals nationwide is $88,000, according to Indeed.7 Some jobs, such as the medical coders required to comply with the new ICD-10 standards (with average salaries of up to $50,000), do not require advanced degrees. But the most-lucrative careers require specialized skills that come from a combination of clinical experience and specialized training in technology and business practices. The best-paying jobs include:

  • Health Data Standards Leads, average salary $156,000
  • Informatics Specialists, average salary $104,000
  • Nursing Informaticists, average salary $100,717
  • Clinical Informatics Managers, average salary $92,819
  • Senior Healthcare Informatics Analysts, average salary between $90,000 and $140,000
  • Clinical Analysts, average salary $68,823
  • Clinical Informatics Specialists, average salary $68,707
  • Health Informatics Specialists, average salary between $61,050 and $123,000

The Skills You Need

A Burning Glass analysis of job listings for the health informatics careers that require advanced degrees indicates that a broad range of high-level skills are in high demand, and these skills are generally obtained only with a graduate-level degree. Health informatics professionals should have some combination of these skills under their belt:

  • Data analysis
  • Business administration
  • Project management
  • Data management
  • Information systems
  • Business intelligence
  • Management consulting

Employers in the health informatics field also are looking for individuals who are good communicators, researchers and problem solvers.

The University of Scranton: At the Cutting Edge

The University of Scranton’s Master of Science in Health Informatics program is at the cutting edge of this emerging field. The program’s faculty includes top-tier professionals whose firsthand experience in solving complex healthcare problems can help you become the health informatics expert your organization needs.

To learn more about the Health Informatics program at The University of Scranton, click here.

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7 Must-Have Skills for Hospital Administrators

The primary role of hospitals is to administer quality care, but, behind the scenes, hospitals are large institutions that run like any big business. That’s why successful hospital administrators must combine a passion for the well-being of patients with managerial know-how.

The former may be why you entered the health care field in the first place, but developing business skills could help you take your career to the next level. Not sure how to build those skills? Enrolling in an advanced educational program, such as The University of Scranton’s online Master of Health Administration program, will help you improve in the areas where you may need some help.

The top skills you’ll need to be a successful hospital administrator include:

  1. Industry Knowledge

The health care industry can be extremely competitive and receiving a master’s degree can take your career even further. The mostrespected master’s in health administration programs in the country are backed by The Commission on Accreditation of Healthcare Management Education (CAHME), the only organization that can officially recognize programs offering a master’s in healthcare management. Employers know that job applicants with a CAHME-accredited MHA have received a quality education, honed the necessary skills and built a network of industry contacts, all of which helps them excel as hospital administrators. As one of the only CAHME-accredited online MHA programs, The University of Scranton’s Master of Health Administration degree gives graduates a leg up on the competition when applying for jobs.

  1. Leadership

Hospital administrators are the executives of the hospital. On a big-picture level, they are expected to inspire the organization to deliver the best care possible.1 Day-to-day responsibilities include overseeing staff and ushering in new policies. Leadership skills, as well as an ability to command respect, are necessary to excel in the role.

  1. Critical Thinking2

CAHME-accredited MHA programs arm future healthcare leaders with the analytical skills they need to determine the best course of action for their hospital. The job calls for solutions-oriented professionals who can make informed decisions by looking closely at data and predetermined goals.

  1. Relationship Building

Within the course of a day, a hospital administrator might interact with doctors, the hospital’s governing board and members of its finance team.3  Building strong relationships every step of the way and communicating effectively can rally staff behind a common cause and help keep the organization running smoothly. Establishing trust is key, as is making decisions that align with the long-term goals of the organization.4

  1. Ethical Judgment

Healthcare administrators must have high ethical standards.5  Many of the hospital’s decisions fall on the administrator and possessing a steadfast moral compass ensures the right ones will be made.6 The University of Scranton’s Master of Health Administration builds Jesuit values into the program to ensure graduates are ready to make ethical decisions in the field.

  1. Adaptability7

This is an exciting, yet challenging, time to be in the healthcare industry: Baby boomers are expected to live longer than previous generations, which will place more demand on hospitals, and the Affordable Care Act has changed the way care is provided and how it’s paid for.8Adaptability is a key skill if hospital administrators want to keep up with the ever-shifting healthcare landscape—and they will need to. Administrators must be willing to challenge the status quo and usher in appropriate changes.

  1. Quick Thinking

Doctors and staff turn to hospital administrators for both big decisions and small ones. Administrators should be comfortable making decisions on the fly, but they also need to readily take responsibility for the success and failure of these decisions.9

 

For more information about The University of Scranton’s graduate MHA programs, click here.

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Sources:

  1. Stefl, M. (2008). Common competencies for all healthcare managers: the healthcare leadership alliance model. Retrieved from http://www.healthcareleadershipalliance.org/Common%20Competencies%20for%20All%20Healthcare%20Managers.pdf
  2. Cyprus, J. (2016). 7 skills you must have to be a great hospital administrator. Retrieved from http://www.healthworkscollective.com/jennacyprus/333819/7-skills-you-must-have-be-great-hospital-administrator
  3. Cyprus, J. (2016). 7 skills you must have to be a great hospital administrator. Retrieved from http://www.healthworkscollective.com/jennacyprus/333819/7-skills-you-must-have-be-great-hospital-administrator
  4. Garman, A.; Fitz, K.; Fraser, M. (2006). Communication and relationship management. Retrieved from  http://www.healthcareleadershipalliance.org/Communication%20and%20Relationship%20Mgmt.pdf
  5. Garman, A.; Fitz, K.; Fraser, M. (2006). Communication and relationship management. Retrieved from http://www.healthcareleadershipalliance.org/Communication%20and%20Relationship%20Mgmt.pdf
  6. Healthcare Management Degree Guide. What qualities would make me a good healthcare manager. Retrieved from http://www.healthcare-management-degree.net/faq/what-qualities-would-make-me-a-good-healthcare-manager/
  7. Cyprus, J. (2016). 7 skills you must have to be a great hospital administrator. Retrieved from http://www.healthworkscollective.com/jennacyprus/333819/7-skills-you-must-have-be-great-hospital-administrator
  8. Johnson, D. (2015). These charts show the baby boomers’ coming health crisis. Retrieved from http://time.com/3852306/baby-boomer-health-charts/
  9. Cyprus, J. (2016). 7 skills you must have to be a great hospital administrator. Retrieved from http://www.healthworkscollective.com/jennacyprus/333819/7-skills-you-must-have-be-great-hospital-administrator