Master in Hospital Management

Hospital management is one of the most important and lucrative healthcare careers. After past covid 19 healthcare sector is giving a lot of importance and developing this sector more efficiently. “Medical and health service managers” organize, coordinate, direct and supervise medical services.

A hospital management career effectively utilises the hospital’s physical and financial resources. Hospital managers and administrators manage hospitals and medical facilities.

If you have an emotional attachment to helping people, catering to people’s needs, and medically assisting people, then you can make a great career in the healthcare sector.

Healthcare management is the business of a medical organization that oversees the operational aspects and is involved with the organization’s financial infrastructure. Health care managers are usually business people and not physicians. Basic responsibilities of healthcare managers include:

• Implementation of organizational policies and procedures
• Financial data collection, analysis
• Financial risk assessment and management
• Employee recruitment and training
• Quality patient care is assured
• Business, marketing policy and initiative design and analysis
• Assess business strategy

Hospital management on the other hand involves supervising and facilitating the work related to doctors, nurses and other healthcare professionals to ensure the smooth functioning of a hospital. Hospital managers engage with frontline physicians.

Hospital management is an administrative course, not a medical course, so no science, medical or pharmacy background is required for this course.Since it is a hospital management profession, a little knowledge of medically or pharmacy is good.

Candidates from Arts/Science/Commerce/Engineering/Technology/Medical/Dental/Pharmacy/Agriculture or any stream of graduates are eligible for this course.

At JBIHM, the basic eligibility criteria to study MHM course is that you must have graduated with 40%-50% from any stream from a recognized board. Also, you have to good communication skills and be confident.

A hospital administrator’s responsibilities may include the following:

• Develop, implement and monitor strategic business plans.
• Supervising hospital activities and approve patient treatment.
• Maintaining all the documentation of the medical institute properly.
• Hospital assets maintenance, keeping health care facilities well-equipped and ensuring resources.
• Creating and set up organization management system.
• Keeping software, information systems and other technology updated.
• Proper communicate between hospital departments, management boards, and others.
• Billing cycle, account management, payroll administration and financial oversight of the hospital.
• Maintaining hospital buildings, hospital rooms, wards, operation theatres, lobbies, halls.
• Recruiting and supervising administrative managers and other hospital staff, providing for the needs of doctors and support to employees.
• Supervising support services such as catering, cleaning, laundry and overseeing transportation.
• Keeping hospital surgical equipment requirements met.
• Keeping updated on laws and regulations.

Achieving a hospital administrator position requires a combination of education, skills, and practical work experience. You can become a hospital administrator with a bachelor’s or master’s degree and three to five years of experience in a healthcare facility. Here are some of the skills that a hospital administrator needs:

• Leadership skills
• Communication skills
• Negotiation skills
• Interpersonal skills
• Team work skills
• Relationship building skills
• Analytical skills
• logical skills
• Data evaluation skills
• Problem solving skills
• Reasoning skills
• Decision making skills
• Research skills
• Time management skills
• Administrative skills
• Business skills

Yes, students who have completed their undergraduate or are in the final year of their graduation can also apply for the post-graduation degree in hospital management.

Subjects for Healthcare/Hospital Management PG course are: 

Hospital management salary varies according to qualification level and industry experience, a bachelor in hospital management can initially earn around INR 2 to INR 6 lakhs and post graduate degree holders can earn INR 2 lakh to INR 8 lakhs and above.

Eligibility criteria for this course study are you must acquire or secure at least 45-50% in Graduate from a recognized board and you have to have good communication skills and be able to confidence.

Healthcare management focuses on the direction, organization-wide initiatives and needs of a healthcare facility or system. Those managers help to meet the overall needs of the entire organization, organizational policies and procedures.

While healthcare administration focuses on individual departments and budgets, operations and personnel. Healthcare administration is more focused on individual areas and departments. Focus more on best utilization and direction of department staff.

You can find hospital management jobs at various levels. Here are a few jobs that a qualified healthcare management professional can apply to:

Hospital Manager, Medical Director, Hospital Administrator/Healthcare Administrator, Medical college dean/Hospital Dean, Hospital Superintendent, Healthcare Finance Manager, Nursing Director, Clinical Manager, Health information manager, Healthcare Auditor, Executive Assistant, Healthcare HR manager, Public health program manager, Research manager, Hospital CEO etc.

Yes, Any candidate with a medical or even a non-medical background can pursue a career in Hospital Administration/Management. There are so many colleges offering Bachelor’s, Master’s, Doctoral, Diploma, Certificate, and Hospital Management.