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As a result of the recent implementations by the Affordable Care Act, the healthcare field is expected to grow during the upcoming decade. According to the Bureau of Labor Statistics, the field of Medical and Health Services Managers is expected to increase by upwards of 23 percent through the year 2022.
To find employment in the health administration field, most people start with a bachelor’s degree in healthcare admin. However, employees with a master’s in health administration are not only more likely to be land an open position but also to receive higher wages. The BLS estimates that the average healthcare administrator in Vermont earns $88,580 per year, or $42.59 per hour.
Contact the schools offering MHA programs in Vermont today to learn more about your degree options in this ever-expanding career field.
Master’s in Healthcare Administration (MHA) Schools in Vermont
There are a variety of colleges that provide an MHA degrees in Vermont. Currently, the University of Vermont and Southern Vermont College, which are both in Burlington, offer campus based Master’s in Healthcare Administration programs. There are also several online healthcare administration programs available that can help you earn your MHA in a flexible manner.
Some of the topics that graduate level healthcare administration programs cover include strategic planning, financial management, project management, and marketing. Additionally, most healthcare admin programs provide information on the impacts in quality and care delivery that resource management provides. They also cover how some of today’s modern medical facilities operate within the always evolving environment of healthcare.
Some people wonder what the benefit of obtaining an MHA is over a Master’s in Business Administration (MBA). Whereas an MBA focuses mainly on the business operations of healthcare, an MHA (or MS in Health Administration) focuses on taking a deeper look into the additional aspects of the field, such as the quality of healthcare provided to the patients. In essence, an MHA is a more focuses, and simultaneously more rounded study of the healthcare field, that includes business aspects as well.
Also, some programs have specialization certificates for specific areas of healthcare, including hospital systems administration, public health, long-term care, or hospice care.
Students wanting financial aid, or who have limited income, may qualify for federal student aid programs. There are also a few private loan programs that may award funds to pay for tuition. The Vermont Student Assistance Corporation (VSAC) and the Vermont Medical Society (VMS) are two organizations that provide scholarship and grant money to medical students in Vermont. The VMS provided about $20,000 in assistance in 2014 alone.
Working as a Healthcare Administrator in the State of Vermont
Healthcare Administrators provide for the planning and mission of medical services within the branch of facilities associated with their medical program. Some administrators may even be in charge of the full facility. However, this is solely dependent on the amount of experience an administrator has. Many recent graduates usually start by managing one department of a facility.
The state of Vermont also requires certification for anyone seeking to run a department or facility. The Professional Association of Health Care Office Managers is one of the U.S.’s largest healthcare administration certification provides. They offer the Certified Medical Manager (CMM) and Health Information Technology Certified Manager for Physician Practice (HITCM-PP).
Reach out to the schools you see on our site to learn more about your options for earning your Master’s degree in Healthcare Administration in Vermont today. Once you have program information from a variety of schools, you can compare them and choose the one that can best suit your needs and lead you to your career goals.