5 Most Affordable Doctorates in Healthcare Administration Online in 2021
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Medical industry professionals wanting to advance their careers into the C-suite while working full- or part-time will find online PhD in healthcare administration programs the most accommodating. First granted by the Medical University of South Carolina in 1990, the health administration doctorate is the highest, terminal degree designed for upper-level leadership in patient services. Completing a health administration PhD online is an increasingly popular route for innovative, forward-thinking managers to compete against the abundance of MHA grads. According to the United States Census Bureau, 8 percent of citizens have master's degrees while only 2 percent hold doctorates. Online doctoral study will develop the organizational, business planning, communication, and quantitative skills that AUPHA labeled "must-haves." Some online colleges offer low tuition and big financial aid to snag great doctoral deals too.
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These top, accredited schools offer a variety of online graduate degree programs. Figuring out where to apply? Consider one of these online Master’s or PhD programs.
Most Affordable Doctorate in Healthcare Administration Online in 2021
Our Methodology, Explained
|Academic Quality||Full-time faculty percentage, student-to-faculty ratio, student retention and graduation rates||30%|
|Affordability||Tuition rates, median student debt, and financial aid||10%|
|Reputation||Admission and enrollment rates||30%|
|Program Offerings||Number of program options||20%|
|Online Enrollment Score||Portion of learners taking at least one online course||10%|
What Types of Healthcare Administration Doctorate Online Programs are Available?
Health administration doctorates are three- to five-year programs that share the common threads of post-master's coursework and dissertation research, but different kinds exist. Doctor of Health Administration (DHA) degrees are the most clinically focused on applied leadership practice. Doctor of Philosophy (PhD) options take a theoretical approach to contribute to industry knowledge. Doctor of Science (DSc) offerings are concerned with life and natural sciences for in-depth research. Doctor of Business Administration (DBA) programs develop well-rounded managerial skills from finance to human resources for corporate hierarchy. Doctor of Public Health (DrPH) curricula emphasizes administrative practices for population-based entities like the WHO and UNICEF. Doctoral degrees in health administration may also provide varying specializations, such as ambulatory services, informatics, law and policy, and gerontology management.
Which Career Possibilities Open With an Online Healthcare Administration PhD?
The beauty of online PhD in healthcare administration programs is their ability to qualify graduates for limitless careers in the highest ranks of medical facilities. Doctoral students are eligible for several industry certifications that employers seek in leaders. For example, individuals with an informatics background could earn AHIMA's Registered Health Information Administrator (RHIA) title. Online PhD graduates might pay the $150 fee for taking the 90-minute Certified Health Administrator Professional exam. Others join the over 48,600 Fellows board certified by the American College of Healthcare Executives (ACHE). Let's look into the job descriptions for some positions where a PhD healthcare administration online is beneficial:
Managed Care Executive- Health maintenance organizations (HMOs), such as Aetna, UnitedHealth, and Humana, might hire managed care executives with online PhD health administration degrees to oversee insurance plans. Senior-level responsibilities include establishing reimbursement regulations, ensuring legal compliance, setting budgets, managing market risks, articulating organizational missions, and designing billing record databases.
Health Administration Faculty- Top health administration schools, including University of Michigan, Virginia Commonwealth University, Johns Hopkins University, and Rush University, are filling their faculty with experienced PhD and DHA grads who excel at teaching. Professors work on college campuses or online to implement syllabus plans, give attention-grabbing lectures, inform students of internships, log test and paper grades, supervise hands-on research, publish scholarly works, and serve on health administration department committees.
Director of Clinical Operations- Becker's Hospital Review reports that there are 5,564 U.S. registered hospitals, each of which needs a director of clinical operations to ensure medical integrity. PhD online health administration grads snagging this senior-level role will coordinate licensed physicians, allocate budget resources, hire support staff like RNs, perform quality assurance, handle patient complaints, manage facility supplies, and establish safe patient care protocol.
Long-Term Care Facility Administrator- Finishing a healthcare administration doctorate online would surpass the state-specific licensing requirements for spearheading operations at long-term care facilities, such as nursing homes, drug rehabs, assisted living centers, and behavioral health homes. LTC administrators supervise clinical staff, coordinate residential affairs, negotiate billing often with Medicaid/Medicare, replenish supplies, market patient services, meet accrediting rules, organize professional development, and hire based on residents' needs.
Chief Executive Officer- In May 2016, the Bureau of Labor Statistics reported that 21,360 Chief Executive Officers topped the healthcare administration ladder to set facilities' strategic directions. Following the footsteps of admired medical CEOs like Ruth Brinkley and Michael Dowling involves implementing clinical policy, retaining a productive workforce, fostering organizational relationships, meeting accreditation quality standards, and creating long-term goals. Similar cabinet-level jobs include Chief Operating Officer, Chief Financial Officer, and Chief Nursing Officer.
How Much Do Healthcare Administration PhD Online Graduates Make?
Cheap online healthcare administration PhD degrees reap strong returns on investment with income potential that rises above the average doctoral salary of $84,396 on SmartAsset. The BLS states that the 332,150 health services administrators made mean pay of $109,370 in May 2016. Chief executives turned C-suite responsibility into a median annual wage of $181,210. On Salary.com, specific DHA job titles like behavioral health director, clinic operations officer, and outpatient surgery director earn median income of $154,930, $135,907, and $127,457 respectively. Top clinical information systems executives generate up to $258,914. College health specialties teachers snag mean profits of $125,430 on average. Earnings are boundless since the highest-paid health CEOs at Regeneron Pharmaceuticals and CVS Health make $47.46 million and $22.86 million apiece.
Is There Demand for Health Administration Online PhD Graduates?
Modern Healthcare brags that the medical industry will account for 33 percent of America's job growth for 4 million new hires by 2026. Forbes applauded healthcare for nurturing its quickest expansion since 1991. Home health is the fastest-growing field with a 47 percent increase projected. Graduating from a PhD online healthcare administration program leads to CNN Money's #8 best job, hospital administration, which is graded "A" for personal satisfaction and benefit to society. Healthcare titles like quality management director, operations officer, nursing home administrator, and clinical research manager are also ranked. According to the BLS, the number of U.S. health administrators will jump from 352,200 to 422,000 for 10-year growth of 20 percent! Consider taking advantage of these cost-effective online PhD in healthcare administration degrees to step ahead of competition in this hot market.
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This concludes our ranking of the five most affordable doctorates in healthcare administration online.
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