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Baby Boomers Impact on the Healthcare Industry
By Associate Professor Christine Malone
The last of us in that generation are reaching the age of 50 this year. The US Department of Health and Human Services predicts that 20% of all Americans will be over the age of 65 by 2030. That is 1 in 5. One thing we all know about aging – we tend to access the healthcare system more often as we get older. According to the Bureau of Labor Statistics, positions within the healthcare industry are expected to grow by 29% between 2012 and 2022.
This is higher than any other group of occupations.
With the Affordable Care Act adding millions of people into the healthcare system starting this year, the demand for individuals to work in healthcare positions is already being felt. The Heritage Foundation reported in March of this year that the demand for additions to the healthcare workforce is already happening across the country, both in urban and rural settings.
The demand felt in the healthcare workforce spans from entry-level positions to top administrators. Many people who currently work in healthcare find they want to advance to a supervisor or administrator level. The healthcare field is one where job security exists (it is hard to outsource hands-on healthcare) and median annual wages in the US for healthcare managers is about $90,000 as of 2013. Healthcare administrators work in a variety of setting – from insurance companies to hospitals to physician practices to nursing homes.
Here at CityU we have a Bachelor of Science in Healthcare Administration program. Our targeted demographic consists of those individuals who wish to enter the healthcare field via a management position as well as those who currently work as clinicians (nurses, for example) and wish to move into an administrative position.
The program also caters to people interested in taking part in the dramatic changes taking place in the healthcare industry as a whole. The degree is a comprehensive, 180-credit program that emphasizes the real-world skills needed to make a difference in today’s healthcare organizations.
If you’re interested in the Bachelor of Science in Healthcare Administration, please contact Christine Malone directly.
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