Traditionally, you may think of a hospital as being purely an institute of medical consultants that helps people with diseases and other infirmities to get well and be healed. However, it's important to note that a hospital is, in fact, a business too. As with any other business, hospital management should be done by trained professionals who oversee such business elements as accounting and finance, hospital employee and physician management, patient records, inventory and logistics. With these trained professionals and management staff handling the business aspects of the hospital, the health care professionals are then free to focus on what they are trained for, maintaining the highest medical quality in their treatment methods.
Medical management professionals could operate individually or within a hospital management corporation. One example of this is the North American Medical Management company based in Tennessee.
You may be interested in getting into the health care management industry. So what does it take to be a medical management professional?
- Know the different responsibilities of a medical management professional. First of all, you should know what you need to do in case you do decide to get into the industry. Typical tasks range from the routine (such as ordering medical supplies, preparing budgets and conducting meetings) to high-impact tasks (such as designing and constructing office policies). Medical managers usually work long hours and may need to be on call 24/7.
- Examine your training options. You may choose to take a one-year certificate course from your local community college or a through online or distance learning. These training options usually require a bachelor's degree. The courses you may expect to take include office management and business communications; medical terminology, laws and ethics; facility and logistics management; compensations and benefits; medical management software; and records management. A graduate degree in health administration may help in advancing through the hospital management career track. Some hospitals and medical institutes, however, put more of a premium on on-the-job training and experience than scholastic records.
- Know how much a medical management professional earns. A medical manager earns an average of almost $70,000 annually. Typically, health care management jobs in the cardiology, neurosurgery and dermatology fields earn the highest compensations.
- Know how to be certified. Becoming a certified medical manager largely depends on which area you're planning to work in. Generally, however, you must hold a bachelor's degree, complete a training program, acquire relevant experience in the healthcare industry (generally three years) and pass a licensing examination (Certified Medical Manager). Continuing education is also required in some states in order for you to retain your CMM license. Look into the particular laws and regulations of your state.
- Know the relevant qualities. To gain success as a medical manager, it's good to develop your analytical and organizational skills; ability to communicate with varied personnel (as well as patients); and strong leadership skills.
These are some of the things you could do to become a medical management professional. Good luck!