Today’s health care administrators face unique and unprecedented challenges resulting, in part, from advanced technology and overall changes in the American health care system. As these modifications and reforms begin to take effect, the choices for patients seeking health care providers are increasing significantly. To contend with this, administrators must identify methods for success even though consumer choice is at the vanguard of debate.
Hurdles to Tackle
The role of a health care administrator is demanding, and as competition and expenses increase, professionals must prepare to lead during the innovative, transformational shifts in the healthcare system. The top five challenges include:
Preparing for the future. With the increasing elderly population, hospitals are pressured to expand to meet growing demand. Moreover, the health care industry is facing compensation changes. For instance, reimbursements are moving from fee-for-service models to those based on overall quality of care and outcomes. Consequently, hospital administrators are making the quality of care a priority.
Competing for top talent. The shortage of health care professionals means profitability suffers. Health care administrators must address this shortage by making plans to compete for top employees. They need to be skilled at recruiting, selecting, and retaining high-quality health care professionals. This may include building strong relationships with institutions offering health care-related degrees and thinking beyond competitive benefits and pay to ensure employees are passionate about working for the business.
Improving patient care through technology. Ensuring the implementation of electronic medical records within a health care organization is a crucial role. Nevertheless, technology is not restricted to just EMRs. Health care administrative professionals need comprehensive technology skills to blend data and initiate evidence-based decisions. Even the most innovative technology is worthless if it doesn’t enhance patient and organizational outcomes.
Specializing for growth. To compete for patients in a rapidly growing market, health care administrative professionals need to set their institutions apart with a specialized care strategy. For instance, benchmarking best practices, investigating other specialty health care providers, identifying areas of opportunity, and building renowned specialty practices are essential keys for success.
Managing Medicare and Medicaid. The number of underinsured or uninsured Americans grows daily, and health care administrators have the daunting task of maintaining fiscal responsibility while providing health care services to these patients. Furthermore, the limits on government reimbursements present a hurdle for rendering services to an aging population who relies on Medicaid and Medicare for their healthcare needs.
Despite the hurdles facing today’s healthcare industry, now is an ideal time to become a part of these innovative changes. If you are intrigued with pursuing a health care administration degree at USC Online, you can discover a variety of health care administration degree resources and tools.
Maintaining the Integrity of the Health Care System
Quality health care is a vital component of overall wellbeing, and most people trust health care professionals to handle their medical issues. However, hospitals, physician offices, and clinics are also corporations with quotas to maintain and financial responsibilities to support. Accordingly, health care administrators have an obligation to manage these challenges in a prosperous and productive way.