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What is an MBA in Healthcare Management?

Receiving an MBA in healthcare management paves the way to enter the quickly growing field of medical and health services management. With a predicted growth rate of 17% and a median salary of $94,500, this career path can certainly lead to lucrative employment. For more details on how and why to pursue this degree, see below.

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With a predicted growth rate of 17% and a median salary of $94,500, this career path can certainly lead to lucrative employment.

Advancing your education and pursuing an MBA in healthcare management will help you reach your career goals quicker. The chart below illustrates the striking difference in salary between a bachelor’s degree and an MBA in healthcare management.

There are a few different options for master’s degrees in the healthcare industry. While all options will prepare you for a career in healthcare management, specialization allows you to adjust your path to best fit your interests.

Degree Description Average Salary* Length
Master’s in Healthcare Administration (MHA) A master’s in healthcare administration is very specific; it prepares you to work in a hospital or other healthcare facilities. This degree is a great choice if you are certain you want to work in healthcare and is specifically designed for professionals who want to be an administrator at a hospital. These programs are ideal for those with an administrative background. $49,500 2 years
Master’s in Public Health (MPH) A master’s in public health is ideal for learners concerned with disease and injury prevention among the public. This program is ideal for learners who seek to work in labs, research centers, government health departments, and non-profits. The program also prepares students for a role in shaping public healthcare policy. $54,048 2 years
Master’s of Business Administration (MBA) in Healthcare Management An MBA in healthcare management is a broader degree option than the two listed above. This degree allows for a notable level of career path flexibility. Most courses in program of this type focus on business-related topics, including finance, marketing, and human resources. This program is focused less on policy and more on how healthcare facilities operate as a business. $55,971 2 years

Graduates of online healthcare management MBA programs are expected to possess several core competencies when they enter the workforce. Though schools will all differ in the courses they offer to develop these skills, there are still overarching themes that can be identified. Below, we describe a sample online MBA in healthcare management curriculum, and explain how it can help you succeed in the field.

Course Competencies Developed Occupational Skill Level
Healthcare Operations By studying how healthcare environments operate on day-to-day and long-term bases, learners are better prepared to understand where specific tasks fit within the field as a whole. This course surveys micro and macro processes throughout healthcare environment operations.

TITLE: Hospital Administrator

SALARY: growth of 8%

Health Information Systems Health information systems are a core component of nearly every aspect of the field of healthcare. In this course, students learn why and how highly sensitive information must be recorded, stored, and handled, and how this information is used to inform and guide processes throughout the field.

TITLE: Health Information Manager

SALARY: growth of 3%

Healthcare Laws and Ethics Law and ethics are the two great pillars of the field of healthcare. Without a thorough understanding of these two fundamental elements, future medical professionals put themselves and others at risk. Understanding the role that these two elements play in healthcare is crucial for student success.

TITLE: Health Information Manager

SALARY: growth of 3%

Healthcare management MBA graduates are hired into a diverse range of careers. We break down some of the most popular ones below.

Hospital Administrator Median Salary: $90,385
  • Hospital
  • Clinics
The primary responsibilities for professionals in this role include overseeing daily hospital operations and finances. This positions requires seasoned expertise in human resources, budgeting, and regulatory practices.
Healthcare Consultant Median Salary: $75,136
  • Private Healthcare Organizations
  • Consulting Firms
Healthcare consultants produce research for clients. Professionals in this role identify problems and seek out solutions, and are usually employed by large and private healthcare organizations.
Health Information Manager Median Salary: $53,936
  • Hospitals
  • Clinics
  • Health Departments
  • Insurance Companies
The core responsibility of the health information manager is to oversee proper storage of medical records, highly sensitive information. Health information managers primarily work in healthcare office environments.

For some personal insight into the opportunities an MBA in healthcare can provide, we spoke with Ryan Mentock, a Manager at Family Care PA who received his MBA degree in health management online from George Washington University.

School Location Cost Toggle Logo Tuition % Receiving Financial Aid Student Population School Type Description

Albertus Magnus College

Location New Haven, CT Tuition Tuition $40,848 % Receiving Financial Aid 80% Student Population 1,515 School Type Private
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Ashland University

Location Ashland, OH Tuition Tuition $7,584 % Receiving Financial Aid 58% Student Population 5,677 School Type Private
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Baker College

Location Flint, MI Tuition Tuition $34,551 % Receiving Financial Aid 71% Student Population 23,790 School Type Private
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Brenau University

Location Gainesville, GA Tuition Tuition $29,340 % Receiving Financial Aid 47% Student Population 2,883 School Type Private
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Campbellsville University

Location Campbellsville, KY Tuition Tuition $17,964 % Receiving Financial Aid 48% Student Population 3,128 School Type Private
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Carlow University

Location Pittsburgh, PA Tuition Tuition $28,836 % Receiving Financial Aid 57% Student Population 2,272 School Type Private
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Cleary University

Location Howell, MI Tuition Tuition $21,600 % Receiving Financial Aid 76% Student Population 545 School Type Private
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Concordia University - Chicago

Location River Forest, IL Tuition Tuition $26,910 % Receiving Financial Aid 75% Student Population 5,239 School Type Private
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Concordia University - Saint Paul

Location Saint Paul, MN Tuition Tuition $18,900 % Receiving Financial Aid 64% Student Population 4,380 School Type Private
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Dallas Baptist University

Location Dallas, TX Tuition Tuition $30,816 % Receiving Financial Aid 63% Student Population 5,319 School Type Private
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Davenport University

Location Grand Rapids, MI Tuition Tuition $26,598 % Receiving Financial Aid 71% Student Population 8,142 School Type Private
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East Carolina University

Location Greenville, NC Tuition Tuition $59,893 % Receiving Financial Aid 57% Student Population 28,289 School Type Public
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Excelsior College

Location Albany, NY Tuition Tuition $77,922 % Receiving Financial Aid 8% Student Population 43,123 School Type Private
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Fayetteville State University

Location Fayetteville, NC Tuition Tuition $3,543 % Receiving Financial Aid 67% Student Population 6,104 School Type Public
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Florida Institute of Technology

Location Melbourne, FL Tuition Tuition $32,256 % Receiving Financial Aid 41% Student Population 6,631 School Type Private
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Florida Southern College

Location Lakeland, FL Tuition Tuition $33,000 % Receiving Financial Aid 68% Student Population 2,869 School Type Private
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Fort Hays State University

Location Hays, KS Tuition Tuition $13,600 % Receiving Financial Aid 41% Student Population 14,210 School Type Public
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Freed-Hardeman University

Location Henderson, TN Tuition Tuition $17,100 % Receiving Financial Aid 57% Student Population 1,828 School Type Private
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Friends University

Location Wichita, KS Tuition Tuition $21,111 % Receiving Financial Aid 75% Student Population 1,929 School Type Private
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Gardner-Webb University

Location Boiling Springs, NC Tuition Tuition $18,900 % Receiving Financial Aid 40% Student Population 4,329 School Type Private
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Harding University

Location Searcy, AR Tuition Tuition $24,300 % Receiving Financial Aid 55% Student Population 6,009 School Type Private
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Hofstra University

Location Hempstead, NY Tuition Tuition $54,624 % Receiving Financial Aid 53% Student Population 10,814 School Type Private
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Husson University

Location Bangor, ME Tuition Tuition $15,390 % Receiving Financial Aid 74% Student Population School Type Private
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Indiana Institute of Technology

Location Fort Wayne, IN Tuition Tuition $20,790 % Receiving Financial Aid 85% Student Population 7,542 School Type Private
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Johns Hopkins University

Location Baltimore, MD Tuition Tuition $14,724 % Receiving Financial Aid 39% Student Population 22,686 School Type Private
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King University

Location Bristol, TN Tuition Tuition $21,780 % Receiving Financial Aid 69% Student Population 2,920 School Type Private
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Lakeland College

Location Plymouth, WI Tuition Tuition $21,060 % Receiving Financial Aid 65% Student Population 3,671 School Type Private
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Liberty University

Location Lynchburg, VA Tuition Tuition $25,425 % Receiving Financial Aid 66% Student Population 80,494 School Type Private
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Maryville University

Location St. Louis, MO Tuition Tuition $18,564 % Receiving Financial Aid 66% Student Population 6,414 School Type Private
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Mercer University

Location Macon, GA Tuition Tuition $26,172 % Receiving Financial Aid 65% Student Population 8,600 School Type Private
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Misericordia University

Location Dallas, PA Tuition Tuition $25,920 % Receiving Financial Aid 72% Student Population 2,963 School Type Private
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New England College

Location Henniker, NH Tuition Tuition $21,120 % Receiving Financial Aid 77% Student Population 2,517 School Type Private
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North Park University

Location Chicago, IL Tuition Tuition $40,680 % Receiving Financial Aid 70% Student Population 3,159 School Type Private
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Northeastern University

Location Boston, MA Tuition Tuition $32,175 % Receiving Financial Aid 44% Student Population 19,940 School Type Private
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Ohio Christian University

Location Circleville, OH Tuition Tuition $18,000 % Receiving Financial Aid 61% Student Population 4,290 School Type Private
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Oklahoma Christian University

Location Edmond, OK Tuition Tuition $19,440 % Receiving Financial Aid 53% Student Population 2,570 School Type Private
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Oklahoma Wesleyan University

Location Bartlesville, OK Tuition Tuition $18,540 % Receiving Financial Aid 68% Student Population 1,527 School Type Private
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Ottawa University

Location Ottawa, KS Tuition Tuition $22,320 % Receiving Financial Aid 76% Student Population 664 School Type Private
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Our Lady of the Lake University

Location San Antonio, TX Tuition Tuition $32,004 % Receiving Financial Aid 79% Student Population 3,334 School Type Private
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Parker University

Location Dallas, TX Tuition Tuition $25,272 % Receiving Financial Aid 83% Student Population 1,015 School Type Private
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Quinnipiac University

Location Hamden, CT Tuition Tuition $42,550 % Receiving Financial Aid 61% Student Population 9,654 School Type Private
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Regis University

Location Denver, CO Tuition Tuition $29,160 % Receiving Financial Aid 56% Student Population 8,725 School Type Private
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Saint Leo University

Location Saint Leo, FL Tuition Tuition $25,020 % Receiving Financial Aid 60% Student Population 15,800 School Type Private
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Shippensburg University of Pennsylvania

Location Shippensburg, PA Tuition Tuition $14,790 % Receiving Financial Aid 69% Student Population 7,048 School Type Public
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Shorter University

Location Rome, GA Tuition Tuition $15,500 % Receiving Financial Aid 67% Student Population 1,472 School Type Private
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Southern New Hampshire University

Location Manchester, NH Tuition Tuition $22,600 % Receiving Financial Aid 67% Student Population 61,285 School Type Private
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SUNY Empire State College

Location Saratoga Springs, NY Tuition Tuition $21,600 % Receiving Financial Aid 36% Student Population 11,878 School Type Public
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The University of Findlay

Location Findlay, OH Tuition Tuition $21,780 % Receiving Financial Aid 49% Student Population 5,031 School Type Private
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The University of Texas at Austin

Location Austin, TX Tuition Tuition $33,298 % Receiving Financial Aid 38% Student Population 50,950 School Type Public
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The University of Texas at Dallas

Location Richardson, TX Tuition Tuition $47,956 % Receiving Financial Aid 53% Student Population 24,554 School Type Public
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The University of Texas at Tyler

Location Tyler, TX Tuition Tuition $30,148 % Receiving Financial Aid 43% Student Population 8,785 School Type Public
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Thomas Edison State University

Location Trenton, NJ Tuition Tuition $72,048 % Receiving Financial Aid 14% Student Population 13,093 School Type Public
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University of Cincinnati

Location Cincinnati, OH Tuition Tuition $33,820 % Receiving Financial Aid 54% Student Population 36,042 School Type Public
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University of Houston - Victoria

Location Victoria, TX Tuition Tuition $9,662 % Receiving Financial Aid 50% Student Population 4,152 School Type Public
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University of North Alabama

Location Florence, AL Tuition Tuition $14,450 % Receiving Financial Aid 67% Student Population 7,078 School Type Public
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University of Saint Mary

Location Leavenworth, KS Tuition Tuition $21,528 % Receiving Financial Aid 65% Student Population 1,427 School Type Private
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University of Scranton

Location Scranton, PA Tuition Tuition $34,740 % Receiving Financial Aid 67% Student Population 5,422 School Type Private
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University of Wisconsin - Oshkosh

Location Oshkosh, WI Tuition Tuition $26,895 % Receiving Financial Aid 54% Student Population 14,051 School Type Public
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Utica College

Location Utica, NY Tuition Tuition $19,500 % Receiving Financial Aid 75% Student Population 4,463 School Type Private
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Viterbo University

Location La Crosse, WI Tuition Tuition $20,230 % Receiving Financial Aid 74% Student Population 2,756 School Type Private
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Walsh University

Location North Canton, OH Tuition Tuition $23,940 % Receiving Financial Aid 77% Student Population 2,860 School Type Private
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West Texas A&M University

Location Canyon, TX Tuition Tuition $14,198 % Receiving Financial Aid 53% Student Population 9,489 School Type Public
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Western Governors University

Location Salt Lake City, UT Tuition Tuition $18,416 % Receiving Financial Aid 59% Student Population 70,504 School Type Private
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Widener University

Location Chester, PA Tuition Tuition $32,472 % Receiving Financial Aid 72% Student Population 5,303 School Type Private
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Wright State University

Location Dayton, OH Tuition Tuition $20,526 % Receiving Financial Aid 55% Student Population 17,070 School Type Public
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If you’ve decided that an MBA in healthcare management is right for you, the next step is to narrow down the list of schools that draw your interest. Below are a few tips and tricks to help you through this process.

  • Search for schools in your area

    Even though you are looking for online programs, it’s always helpful to choose a school that is within a 100 mile radius of your home. Online students often report that they enjoy the ability to visit campus if the need arises. In addition, schools often partner with local businesses, meaning a school in your area will have a better chance of helping you find a job close to home.

  • Compare student outcomes data

    Many schools will readily provide this information on their website; however, if you can’t find it, be sure to contact the school and ask for it. This data should include graduation rates, employment rates, and compensation levels of recent graduates. When compared side-by-side, this information can provide a snapshot of program quality.

  • Estimate the expected costs of your programs

    Prospective students often underestimate the total cost of their program. Make sure you calculate the total number of credit hours you will need to graduate, and multiply that by cost per credit hour. Do not forget to include the cost of supplies, internet, and time you will spend not earning an income. Additionally, compare financial aid options, different schools may offer better financial aid packages and/or scholarships that can offset the cost of education.

  • Check that classes will fit in with your schedule

    One of the central benefits of online education is flexibility. However, some programs require set meeting times, synchronous workshops, and mandatory campus visits. Be sure that you are aware of all time commitments and be sure that they will fit into your current schedule.

  • Look for partnerships with local businesses/hospitals

    Ultimately, the reason for your MBA in healthcare management is to find a secure job with a healthy salary in a field you enjoy. To that end, attending a school with established connections to local hospitals and businesses can be a fantastic leg up upon graduation. Many of these partners will offer internships to students. These internships can lead to full-time employment or provide the network and experience you need to get a job elsewhere.

  • Make sure the program is accredited

    Accreditation is a formal review process which ensures a school is offering a reputable program that adheres to minimum academic standards. The Association to Advance Collegiate Schools of Business is the national agency that accredits undergraduate, master’s, and doctoral programs in business and accounting. By checking a program’s status with the AACSB, you can be confident that you are receiving a recognized, quality degree. Generally speaking, employers will not hire job candidates who possess a degree from a school that is not accredited, and schools will not accept academic credentials from an unaccredited program.

  • Talk to current students and/or recent alumni

    One of the best resources when it comes to making a final decision on an online MBA in Healthcare Management program is graduate testimony. Former students can provide an unbiased, real-world take on how the program has served them, including what they liked and disliked about it. Ask an admissions counselor to put you in touch with a current student or recent alumni. Alternatively, considering using LinkedIn or Facebook to find and reach out to program graduates.

After you’ve completed your MBA in healthcare management, you can continue your education through certification programs and additional licensing.

Liscense Description
Nursing Home Administrator License All 50 states require that professionals working in nursing homes be licensed. Requirements vary by state, but can include a minimum age and training hour requirement.
Residential Care/Assisted Living Administrator License Some states require that administrators working in an assisted living home or residential care facility obtain a license. Depending on the state, receiving this license first requires a bachelor’s degree and hours of hands-on training.
Certified Medical Manager Designed strictly for experienced professionals and requiring a high level of experience and education, this certificate is intended for healthcare managers working in small group practices and solo providers.
Registered Health Information Administrator The registered health information administrator license is intended for experts in medical records management and health information. This certification process also focuses on ensuring the privacy of patient information and records.

Earning a degree can be expensive. One way to reduce that financial burden is to identify, apply for, and — hopefully — receive scholarships. Scholarship award amounts vary but the right scholarship can chip away at the costs of getting an education while also making you a more attractive candidate throughout your postgraduate job hunt. The challenge is finding the right one: some scholarships have very specific requirements, while others may be extremely obscure. Consider the following scholarship examples: