Healthcare Management and the future

Healthcare is one of the fastest growing industries in terms of revenue and employability.In the last few years, India has become one of the major destinations for medical tourism. With a great demand for quality healthcare services and facilities and an inflow of patients from all over the world – there is a growing need for healthcare management professionals.
Healthcare is not just about doctors and nurses anymore. Healthcare consists of hospitals, medical devices, clinical trials, outsourcing, telemedicine, medical tourism, health insurance and medical equipment. Such transitions in the healthcare industry have made healthcare management as a promising career option.
What does a healthcare manager do?
A healthcare manager caters to all the administrative requirements of a medical organisation. There can be several job opportunities in the areas of staffing, accounting, planning, marketing, public relations, human resource management, health insurance, medical colleges, etc. A healthcare manager is responsible for the delivery of best possible services in the most economic manner, and the optimum utilisation of resources.
Can doctors be healthcare managers?
The credit for the success of an organisation goes to its leader, and a good leader is someone who understands the business well and drives a team together. There have been various studies all over the world, which showed that the hospital quality scores are approximately 25% higher in doctor-run hospitals than in manager-run hospitals. These studies also found that it is the proportion of managers with a clinical degree that had the largest positive effect. Having trained in looking through the patient-focused lens, doctors moving in the executive positions are more likely to bring a patient-focused strategy. Strategic governance of a hospital works better if it is managed by a doctor as they understand the insights into the needs of employees better than a manager. As they are the insiders of the business, they understand the balance of quality against cost. In order to make doctors and clinicians a healthcare manager, they need to be trained more systematically.

MBA in Healthcare Management
An MBA in Healthcare Management opens a door for various career options and can be pursued by students with a background in science, medicine, physiotherapy or other related fields. MBA in Healthcare Management is befitting for those interested in Pharmaceuticals sector, government agencies, insurance organisations, hospitals and consulting firms in the health sector.
The absorption rate of MBA in Health Management Degree holders is higher than other clinical degrees. The average salary packages may range between 4.5 lakhs to 12 lakhs per annum and can reach up to 25 lakhs per annum.
What does the course curriculum look like?
A typical MBA course takes place over two years, with a perfect combination of classroom lectures, case studies analysis, workshops for skill enhancement, industrial Visits, projects, and training programs. The course structure comprises of – Financial management, Marketing and Human Resource management, Hospital Operations management, Customer Relations, Biomedical Waste management, and Patient Care Services among other modules that train a physician to be a proficient manager.Students also get an opportunity to earn while they are studying. They can join medical institutions as trainees and grow professionally. This course is apt for those who are looking for a career in the healthcare industry and want to enter at mid-senior level.
While there are a lot of colleges that provide this course, one such institute is Institute of Clinical Research (India), fondly known as ICRI in Bangalore.
About ICRI
ICRI is a premier institute focused on providing specialised clinical research programs.We have a team of well-qualified and experienced faculty, who are either academicians or eminent professionals from the Pharmaceutical Industry. ICRI’s objective is to uplift the development of clinical research in India.ICRI offers a full-time two years MBA in Healthcare Management from a UGC recognised university. What sets us apart from other institutions offering the same course is that we provide a Post Graduate Diploma in Hospital Management post the completion of the first year and are the only institute in the country to provide this certificate along with practical work experience at Narayana Hrudayalaya Hospital, Bangalore. ICRI not only provides a degree and professional skills but also opens an avenue for new opportunities and growth for students and professionals.

Bright career with BSc courses in hospital management

BSc courses in hospital management are mainly designed to offer indepth knowledge of the current issues being faced by modern healthcare. Students can offer better healthcare services by pursuing the courses.



BSc courses in hospital management are highly sought after courses in the realm of healthcare. Most hospitals require the nurses to have bachelor degree in nursing as the job criteria. This is the reason why even the experienced and qualified nurse moves back to the nursing school in order to pursue the bachelors degree to climb up the career ladder. Although it takes 4 years to complete the course but one can also enrol for accredited nursing program and continue to work in the clinic.
Hospital management is an area relating to the management of various aspects of the hospital or healthcare facility. This is a specialisation in itself as people can handle different areas and department of the hospital right from providing high-tech healthcare to managing medical supplies, offering intensive care, etc. Students pursuing BSc courses in Hospital Management will be just exposed on the hospital departments to gather practical knowledge.
Basically, the course comprises several subjects including Hospital planning and designing, Management of medical materials and supplies, HR and marketing, managing healthcare units. Students will gain multi specialty projects in corporate hospitals.
The main objectives of Bachelor of Science in Hospital
To be eligible to pursue the bachelor’s course, one needs to have the HND or Higher National Diploma degree for health and occupational safety. Higher level courses are also available for the ones who know about their career path. With the course, a student can also become health and safety officer in the later stage. Qualifications must be there in Science based subjects and also Mathematics. The following are the objectives of Bachelor of Science in Hospital:
  • To help develop young managers to manage healthcare organisations
  • To offer an intensive practical knowledge in the realm of hospital management
  • To build the knowledge of the student in hospital management and to expose him/her to the real work environment
  • To create young and dynamic people who may face the managerial situation in the hospital set-up.
With the hospital management course, students may get excellent opportunities under middle level management of nursing homes, pharmaceutical facilities, hospitals, IT field in the domain of healthcare and medical research institutes.

Read more : http://icriindia.com/bright-career-with-bsc-courses-in-hospital-management/

How MBA in health care management is influencing maximum medical students?

MBA in health care management is a wide niche and the more you dig more you will go near to the roots. The courses should be carefully chosen otherwise you will not get adequate knowledge about healthcare management.
You should aim in acquiring the degree of MBA in health care management in order to get a wide exposure towards multiple job opportunities.  In this case, semester pattern is being followed so that the students can get highest flexibility in studying the course.
MBA courses in healthcare management open the doors of prospective jobs in different fields like human resources, finance, operations and marketing. If you want to get through any of these fields then you need to score good at MBA in health care management.
Career options:
  • Clinical-research laboratories.
  • Healthcare-insurance firms.

  • Pharmaceutical industry.
  • Public-health system.
  • Healthcare-consultancy forms.
You can choose any of these above options that click to your career objective perfectly. Though reaching till the stage of MBA in health care management is a bit challenging but if you are dedicated towards your studies and determined about your gaol then you can definitely reach there.
Eligibility:
If you want to join MBA health care then you need to fulfil few essential criteria. Some prominent criteria in this respect are as follows:-
  • Bachelor’s degree should be there for attending the MBA course of healthcare management. The degree should be acquired from any accredited university. You should secure minimum 50 percent of marks otherwise you cannot get admission for MBA course.
  • Though no management-test score is needed but you have to sit for the admission test. This test is conducted in order to judge your skills and knowledge in healthcare management.
  • Both foreigners and native fellows can take the admissions but native students can get admissions easily while there are some restricted rules for foreigners.
  • Admission procedures might differ from one university to another. Therefore, you should go through the admission details first so that you can join the MBA course easily.
MBA in healthcare management is now giving you a lot of curse options and thus you are free to choose the suitable combination that suits you the most. Taking suggestions from educational experts is also quite a great idea and works pretty well in this case.

Read more : http://icriindia.com/how-mba-in-health-care-management-is-influencing-maximum-medical-students/

5 Ways a Master’s Degree Can Elevate Your Career




Choosing the right career for yourself is one of the integral decisions you must undertake. Even job seekers these days are looking for candidates with not only experience, but those who have the necessary qualifications. If your mind is caught up with the same thought, the perfect solution to that would be a Master’s Degree.
These days, a Master’s degree is often seen as holding the standard that the Bachelor’s degree was twenty years ago. It can help you explore more career opportunities depending on the subject you choose. Still not sure? We hope these reasons can convince you to pursue your post graduate studies.
Here is how a Master’s Degree helps elevate your career:
  • Job Prospects– One of the major reasons why you should go for a Master’s Degree, is the plethora of job opportunities that are open to you. Having a Master’s degree listed in your resume helps you stand out from the other candidates, particularly if you are looking for a job in a higher position.
  • Acquiring Practical Skills-Completing a Master’s Degree is certain to give you a wide variety of practical skills which you can use at work every day. You can improve communication skills, whether through completing team projects or individual presentations. Completing projects and assignments together in teams, and working with a group of different helps you to learn necessary skills like leadership, management, and negotiation skills for the future.
  • Great Earning Potential–In some companies, having a Master’s Degree helps you enhance your earning potential since you tend to be eligible for positions that require higher skills and responsibility. Though money should not be the prime reason for you to go for a Master’s Degree, it is a factor which helps you make a better decision in terms of your career choice.
  • Professional Connections– In the professional world, having a strong network is always valuable. As a Master’s student, you are always given the opportunity to build your network though internships or guest lectures, seminars and more. These invaluable connections developed during your Master’s degree can help you along throughout your career.
  • Personal Development- A Master’s degree not only helps you choose the desired career choice, but is also more rewarding on a personal level. Taking on postgraduate studies demands you to take initiative and commitment, and these traits are sure to help mold you into a successful leader in the future.

ICRI Bangalore offers a host of post graduate options depending on your line of specialization. From a Masters in Clinical Research to an MBA Healthcare and Hospital Management, to an MBA in Pharma Marketing and an Advanced Post Graduate Diploma in Clinical Research & Pharmacovigilance and many more. These courses are UGC recognized and are offered in partnership with Reva University and Narayana Hospital. Explore the career options,these post graduate courses can open to you

Read more : http://icriindia.com/5-ways-a-masters-degree-can-elevate-your-career/

Clinical Research Work After An MSc

In the world there are many places where clinical research is being carried out for many different kinds of pharmaceutical companies studying numerous innovative treatments. It is a fact that for many pharmaceutical companies carrying out the clinical trials requires finding a reputable company so that can do so in the region of the world where they wish to conduct their research. This is important to ensure the quality and validity of results, but also for that national regulation is followed.

A lot of factors are there of working with a quality and reputable third party clinical research organisation. Amongst the first is the organisation which can offer highly experienced and qualified investigators for the studies that it conducts on behalf of pharmaceutical companies.

For a company which is looking to carry out clinical trials, this should be amongst the topmost priority as the results will only be as good as the investigators working on each project. Irrespective of the organisation that each pharmaceutical company decides to work with, it is necessary to look for all of the necessary expert credentials before handing over the project.

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