Most Affordable Online Healthcare Administration Degrees

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Most Affordable Online Healthcare Administration Degrees

Many schools offer online healthcare administration degrees. These programs train learners for careers as healthcare administrators. These professionals need at least a bachelor’s degree.

They perform behind-the-scenes tasks to ensure hospitals, long-term care centers, and medical offices run smoothly. They oversee budgets, coordinate work schedules, and set goals for medical organizations. Many of these administrators oversee a particular department. Others manage an entire practice.

Our ranking includes some of the most affordable online healthcare administration degrees. Read on to learn about costs, common classes, and how to become a healthcare administrator.

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Questions About Healthcare Administration

What careers are in healthcare administration?

Graduates with a healthcare administration degree may work as medical coders, office managers for clinics, or medical staff directors.

How long does it take to become a healthcare administration professional?

Most jobs in this field require a bachelor’s degree, which takes four years to complete. Advanced roles may require a master’s degree, which can take two additional years to complete.

Are healthcare administrators in demand?

The Bureau of Labor Statistics (BLS) projects jobs for medical and health services managers to increase 32% from 2020-2030, which is much faster than average.

Why Get a Degree in Healthcare Administration?

Healthcare administrators perform meaningful work. They work with other medical professionals to ensure patients feel taken care of during their visits.

Healthcare administrators earn a median $101,340 annually, according to the BLS. This figure surpasses the median annual wage of $45,760 for all occupations.

Students pursuing online healthcare administration degrees can often continue working while earning their degree. An online format also lets enrollees attend the most affordable program in any state.

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How Much Does a Healthcare Administration Degree Cost?

Online bachelor’s degrees cost an average of $51,090, according to EducationData.org. However, cost varies by school and learners’ residency status. In-state students tend to pay less than out-of-state students. Public universities usually cost less than private and nonprofit colleges.

The cost for online healthcare administration degrees also varies depending on students’ enrollment status. Online learners may save money by not commuting to campus regularly or paying for campus housing.

Additional Online Student Fees

Some colleges and universities waive fees for in-person activities and services. However, online learners should budget for extra costs, like graduation or technology fees. The latter covers access to a virtual classroom platform and technical support.

Online students must also buy materials and books. They can save money by buying used or digital books. Learners should also budget for miscellaneous expenses, like fees for official transcripts.

How Much Do Healthcare Administration Majors Make?

Many healthcare administration careers pay above-average salaries. However, salary varies based on factors like location, years of experience, and employer. For example, medical and health services managers in Massachusetts earn a mean annual wage of $140,270, according to the BLS. The same professionals in Florida earn $107,850.

March 2022 Payscale data shows the difference years of experience makes. Healthcare administrators with less than one year of experience earn an average of $63,000 annually. The same professionals with more than 20 years of experience earn $96,000.

Locally owned private practices may pay less than large, publicly funded hospitals.

Courses in Healthcare Administration Programs

Schools offering online healthcare administration degrees may use a synchronous or asynchronous format. Synchronous classes include real-time virtual lessons. Learners who prefer accountability may like this option. Asynchronous classes let learners watch recorded lectures at any time. Students who prefer flexibility may like this option.

Most bachelor’s degrees require 120 credits while master’s degrees require around 60 credits. Some healthcare administration programs let students select a minor, track, or concentration. This specialty normally aligns with specific healthcare administration careers.

See below for three common classes for students seeking a healthcare administration degree.

  • Software Programs for the Healthcare Administrator

    Enrollees explore patient record-keeping software programs and employee-scheduling programs. Students compare the pros and cons of these programs. They learn how to keep patient records secure and prevent data breaches. This class also highlights billing software programs. Learners may need to register for free trials of the programs or buy access.
  • Ethics in the Healthcare Administration Field

    Students develop an ethical framework for evaluating dilemmas. They examine case studies about common issues in the industry. Learners then engage in class discussions to decide the best course of action. Coursework also covers laws that protect employees and patients. Students learn how to lead medical organizations that comply with these laws.
  • Financial Planning for Healthcare Administrators

    Degree-seekers discover how to create and oversee budgets for clinics and hospitals. The class covers medical coding and insurance basics. Students learn what line items a budget should include. The class begins by covering budgeting basics for a specific department. Then, it expands to budgeting for an entire organization.

How to Become a Healthcare Administrator

Becoming a healthcare administrator begins with earning an accredited degree. When a school or program earns accreditation, it means it receives quality assessments from third-party organizations. The Commission on Accreditation of Healthcare Management Education accredits healthcare administration programs.

During their studies, learners can build their resumes by completing an internship at a local medical office. When creating a resume, learners should list their related professional experience and professional references.

Healthcare administrators in the field can commit to lifelong learning by joining a professional organization. The Health Care Administrators Association is a leading professional organization in this field.

Most Affordable Online Healthcare Administration Degrees

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