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Baby boomers are reaching the age where they are going to need qualified healthcare providers to help prevent and treat medical conditions. According to the Bureau of Labor Statistics (BLS), not only is there a need to retain current medical professionals, but there is also a need for a large number of new professionals, especially in health care support jobs (U.S. News & World Report).
If you already have an undergraduate degree in the health sciences field and are looking to expand your knowledge and attain a higher position, a Master’s Degree in Health Administration (MHA) is something that you may seriously want to consider. Contact the schools you see below that offer a Master’s in Health Admin degree in New Mexico that interests you.
While you may be able to gain employment with just a bachelor’s degree, graduate degrees in healthcare and healthcare administration are becoming more commonplace and are unlikely to go to waste. The Bureau of Labor Statistics estimates that jobs in health care administration could grow at a rate of 23 percent from 2012 to 2022.
New Mexico is an education-friendly state, especially when it comes to health care fields. Scholarships are often offered to students by hospitals, non-profit organizations, healthcare employees and community organizations.
A few of the places that offer scholarships include Artesia General Hospital, Memorial Medical Center, and Gila Regional Medical Center. Additionally, there are other financial aid options available including student loans, workplace tuition assistance and military benefits (if applicable). Full-time students can expect to pay anywhere from $246.85 per credit hour for New Mexico residents to $833.42 per credit hour for non-residents (UNM). Health Care Administrators can earn anywhere from $88,600 to $175,000 per year, based on qualifications (O*Net, 2014).
Choosing a school to continue your education can be a challenge and many schools have varying requirements for admissions. Most of the programs require at least a bachelor’s degree, but it may not have to be in a healthcare related field. In fact, having a degree in another field could prove to be advantageous since health care administrators work with a number of different industries.
Your admissions packet could also require a completed application, a personal statement, a resume, three letters of recommendation, official transcripts and GRE or GMAT scores. Those applicants who make it to the interview phase of the admissions process are also judged on interpersonal skills, communication and leadership.
While there are several online MHA programs in New Mexico, there are a few CAHME accredited programs that require face-to-face time. The average program is anywhere from 60-75 credit hours and can take anywhere from two to four years. If you’re in a hurry, some universities offer an accelerated program that is available to those who have proven academic excellence, leadership potential and a good business sense.
If you plant to enroll in one of the healthcare admin master’s programs in NM, you may find yourself taking courses such as:
- Organizational Development for Healthcare
- Healthcare Financial Management and Healthcare Ethics
- Most universities require a master’s level capstone project or thesis
The field of health care administration is ripe in New Mexico. Recent legislature has allotted federal monies to several NM healthcare organizations and in 2014 three healthcare centers in New Mexico received over $600,000 in combined federal grants, an Albuquerque area business report states (2014).
Additionally, working in healthcare administration in New Mexico can give you the opportunity to make a significant impact on your community. By earning a graduate degree in healthcare administration, you will likely be tasked with helping ensure that institutions run smoothly by managing staffing, creating budgets and marketing material, and designing processes that allow for the equitable distribution and provision of healthcare services in the United States.
To learn more about how you can earn a Master’s degree in Health Administration, contact the schools on this page that interest you, in order to obtain detailed program information.