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Job Options for MBA in Healthcare Leadership Grads

An abundance of career opportunities is available to graduates of an MBA program in healthcare leadership. Here are just a few.

Medical Director
Average annual salary:
$215,862
Pay range: $119,000 to $301,000

A medical director of a healthcare facility has the basic yet important responsibility of ensuring all patients get the highest quality of care possible. Job duties may include reviewing and supervising nurses, doctors and other medical personnel. The medical director also approves facility policies, handles patient complaints and facilitates communication between hospital administrators and staff members.

Physicians commonly fill this role, with some earning an MBA to equip themselves for the job. A knowledge of laws governing the medical profession and an eye for detail are vital for success in this role.

Salary data is from PayScale (October 2019).

Medical and Health Services Manager
Median annual salary:
$99,730
Pay range: $58,680 to $182,600

Ensuring a facility complies with medical regulations and laws is a typical responsibility for someone in this position. Medical and health services managers may recruit and train staff members. They often oversee budgets, making sure all departments work within pre-set financial parameters.

Professionals in this role will sometimes work in the area of health information, ensuring their facility is using the most up-to-date technology and safeguarding patient data.

Salary data is from the U.S.  Bureau of Labor Statistics (May 2018).

Clinical Director
Average annual salary:
$75,443
Pay range: $51,000 to $119,000

Clinical directors typically oversee healthcare clinics. They hire and supervise staff, as well as conduct evaluations. They are often tasked with creating budgets and determining the best strategy to secure the continued growth and viability of the clinic. This position requires a high level of critical thinking and problem-solving skills.

Salary data is from PayScale (October 2019).

Hospital Administrator
Average annual salary:
$65,819 per year
Pay range: $39,000 to $80,000

Though removed from the front line of care delivery, this position is no less important to patient care. Hospital administrators work in a variety of facilities, from addiction treatment centers and clinics to hospitals large and small. The professionals are often responsible for coordinating a facility's health services as well as for recruiting doctors, nurses and other medical staff members.

Salary data is from Glassdoor (October 2019).

This is just a small sample of the many financially rewarding careers available to MBA in healthcare leadership graduates that also offer job satisfaction.

Learn more about Boise State's MBA in Healthcare Leadership online program.


Sources:

PayScale: Medical Director, Medicine Salary

U.S. Bureau of Labor Statistics: Medical and Health Services Managers

PayScale: Clinical Director Salary

Glassdoor: Hospital Administrator Salary

The Princeton Review: Hospital Administrator

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