Healthcare Administration Report - [University Name]

This report provides an overview of the healthcare industry, examining its structure, trends, and career opportunities. It begins with an analysis of the industry's landscape, highlighting the dominance of private sector businesses and the high healthcare spending in the US. The report then discusses potential positive and negative trends affecting the industry, such as technological advancements, market segmentation, and the lack of updated technologies. The career path section outlines various roles within healthcare administration, emphasizing the educational requirements and potential for advancement, with a focus on the role of a nursing home administrator. The report concludes by detailing the responsibilities, job outlook, and salary expectations for this specific role, supported by relevant references.

Running head: HEALTH CARE AND BUSINESS
Health Care and Business
Name of the Student:
Name of the University:
Author Note:

1Health Care and Business
Industry
Many different organizations in United States provide Health care. Private sectors businesses in
United States largely owned and operate health care facilities. The study showed that 58% of the
community hospitals in US are non-profit. Government owns 21% and 21% are for profit
purpose. It was analyze that World Health Organization spends 17.1% for health care in US than
any other country.( Kayyali, Knott & Kuiken, 2013) In spite of being at the top in economic
powers US residue, the sole mechanized country in the world without worldwide health care
coverage.
I have gathered some important knowledge during the period when perusing my
internship work in emergency ward in the last summer and learn several things by
communicating with other members. During this period, I was fond of to come the hospital,
loved to meet various types of people who used to come to the hospital and which helped me in
developing my own philosophical view related to patient care increased my will and passion for
health care. Therefore, I decided to pursue my career as a health care administrator to make a
difference in the health care industry.
Potential positive and negative trend that can affect the industry over next ten years are:
Positive:
 Planned staff recruitment
 Favorable locality.
 Exit of a competitor from the industry.
 Launching and use of new technology could bring change in the health of citizen.
 Segmentation of new market proposes progress earnings.

2Health Care and Business
Negative:
 Lack of updated technologies and methods increases the rate of illness.
 Service outlines are undifferentiated.
 Spreading awareness about insurance plans or contracts for person in command of the
area. (Helms & Nixon, 2010).

3Health Care and Business
Career Path
As there are, wide ranges of people who are working in health care industry, health
administration jobs also vary according to them. Entering into the career of health care
administrator, certain factors are taken into account. There are number of paths a person can
work as a health administrator. I would start my career of administration from supervision a team
of remedial practices, a single remedial practice or in a hospital at a particular department on a
minor level. After sometime attaining higher education and getting command over the work
culture, I would be working for a mammoth health corporation, hospital structure and many
more.
Taking into consideration, bachelor`s degree is the minimal requirement for the entrance.
However, to attain superior management or for further level positions a master’s grade is a
familiar education path. Even pursuing doctorate in management would help in growth of my
career as administrator of health care. (Schwatka, 2014).

4Health Care and Business
Specific Job:
In coming years, there would be a huge demand for residence physical condition services,
assist livelihood centers and nursing dwelling care. Hence, additional nursing home
administrator will be needed as the adults of older age have a higher rate in population.
Therefore, I choose to be Nursing home administrator as my job role.
The role of nursing home manager is to supervise on the whole facilities that comes
under the health be concerned operations. To look after the compassionate services that is given
to the patience for care. Inculcate and advice patience and their family members on indemnity
reimbursement. (Verleye, Gemmel & Rangarajan, 2014).
The United States Bureau of Labor Statistics has stated the expected growth by 22% by
the year 2020. Present salary for Nursing home managers is $80000 per year.
The interesting in this job role is that there are many opportunities. As I am, passion in
making a difference in the health care the chance of serving the society would be itself
interesting. The least interesting in the job role is the shift timing of duties. (Findley et al., 2014).

5Health Care and Business
Reference:
Corazzini, K. N., Anderson, R. A., Mueller, C., Thorpe, J. M., & McConnell, E. S. (2013).
Licensed practical nurse scope of practice and quality of nursing home care. Nursing
Research, 62(5), 315-324.
Findley, S., Matos, S., Hicks, A., Chang, J., & Reich, D. (2014). Community health worker
integration into the health care team accomplishes the triple aim in a patient-centered
medical home: a Bronx tale. The Journal of ambulatory care management, 37(1), 82-91.
Helms, M. M., & Nixon, J. (2010). Exploring SWOT analysis–where are we now? A review of
academic research from the last decade. Journal of strategy and management, 3(3), 215-
251.
Kayyali, B., Knott, D., & Van Kuiken, S. (2013). The big-data revolution in US health care:
Accelerating value and innovation. Mc Kinsey & Company, 2(8), 1-13.
Schwatka, N. V. (2014). Managing through measurement: occupational health and safety in the
construction industry(Doctoral dissertation, Colorado State University. Libraries).
Verleye, K., Gemmel, P., & Rangarajan, D. (2014). Managing engagement behaviors in a
network of customers and stakeholders: Evidence from the nursing home sector. Journal
of Service Research, 17(1), 68-84.