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Business acumen in healthcare: The need for consumer-minded leaders

William Woods Business

Healthcare is changing rapidly. The influx of new technologies and evolving patient expectations are among the primary forces driving change. A recent report by a healthcare business consultancy, VIE Healthcare, highlights a notable shift in the healthcare sector’s perception of who it’s serving — from “passive patients” to “discerning healthcare consumers.” This shift comes as […]

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June 29th, 2020

Posted in Healthcare Administration

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The rise of telemedicine: Businesses respond to healthcare demands

William Woods Business

The coronavirus pandemic is driving unprecedented demand for telehealth services and with it, a need for a unique blend of talent — those who have both a strong foundation in business management and a deep understanding of the healthcare administration system. Solv, an online platform that allows patients to book same-day doctor’s appointments, reports a […]

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May 22nd, 2020

Posted in Healthcare Administration

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A look into the future: How technology is changing the healthcare industry

William Woods Business

According to Deloitte’s 2018 Global Health Care Outlook report, per-person health care spending in the U.S. is expected to reach $11,356 by 2021. However, industry investments in exponential technologies are expected to not only reduce cost but also increase access and improve care. Historically, technology advancements have had a sizable impact on health care. For […]

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October 3rd, 2018

Posted in Healthcare Administration

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Mastering the language of healthcare: Medical terminology

William Woods Business

One of the courses that Online Master of Healthcare Administration students will take at William Woods University is BMT 520 – Medical Terminology for the Healthcare Manager. In the context of this program, medical terminology is the study of the principles associated with medical word building that helps aspiring healthcare administrators develop vocabulary needed for […]

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May 2nd, 2018

Posted in Healthcare Administration

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Career outlook: Top-paying skills in healthcare administration

William Woods Business

The career outlook for online Master of Healthcare Administration students is bright. According to the Bureau of Labor Statistics, healthcare administrators or medical and health services managers earn a national average of $96,540 per year. And, their employment is projected to grow 20 percent between 2016 and 2026, a rate that’s much faster than average. […]

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April 2nd, 2018

Posted in Healthcare Administration

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Importance of Human Resource Management in the Healthcare Industry

William Woods Business

It’s no secret that the healthcare industry is expected to face talent shortages in the coming years. As our previous post notes, aging baby boomers will rely more heavily on healthcare services which will create greater demand for healthcare professionals. At the same time, many healthcare facilities are already facing high turnover rates and employee […]

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February 9th, 2018

Posted in Healthcare Administration

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3 challenges facing healthcare administrators

William Woods Business

As a current or aspiring student of an online Master of Healthcare Administration degree at William Woods University, you will be trained to assume leadership roles within the healthcare industry. As with any leadership role, managing industry challenges will be a key component of your position. In this post, we share three common challenges affecting […]

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December 13th, 2017

Posted in Healthcare Administration

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What can I do with a master’s degree in healthcare administration?

William Woods Business

In a recent blog post, we highlighted the various benefits and growth data of those with a master’s degree in healthcare administration. The kinds of jobs available are diverse, rewarding, and offer great pay. CNN Money’s 2017 Best Jobs in America list, in collaboration with Payscale.com, considers growth, pay, and job satisfaction when ranking jobs. […]

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April 3rd, 2017

Posted in Careers, Healthcare Administration

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Infographic: Master of Healthcare Administration By the Numbers

William Woods Business

As medical practices, hospitals and other healthcare services and organizations become larger and more complex to meet the demands of a growing and aging population, skills to lead in this highly niche industry become that much more of an asset. The new William Woods University Master of Healthcare Administration was created to meet the demand […]

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March 20th, 2017

Posted in Healthcare Administration

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Healthcare industry fastest growing economic sector

William Woods Business

According to the Bureau of Labor Statistics (BLS), jobs in healthcare are among the fastest growing in the U.S. — above many other industries. While the most recent GDP growth report shows fourth quarter economic growth at 1.9 percent, annual rate of change for home health care services (4.8 percent), outpatient care centers (4.1 percent), other […]

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March 3rd, 2017

Posted in Healthcare Administration

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