One of the best known southern states across the United States, Alabama has lately seen a huge rise in healthcare education facilities. This is mostly due to the spurt in healthcare facilities and ever expanding demand within the industry for qualified professionals.
Top Rated Healthcare Administration Schools in Alabama
Top 3 Most Loved Healthcare Administration Schools in Alabama
Employment Opportunity In Alabama
If you are wondering what led to this spike in demand, here are some interesting statistics.
- Decline In Number Of Healthcare Professionals: Studies between 2006-2010 have indicated that there is a sharp decline of close to 20% in the overall employment growth in the state of Alabama. This also indicates that given the huge decline, the opportunity and the opportunity cost of proving healthcare administration service on the rise. This augurs well for freshers who are looking to diversify in healthcare administration. This also justifies the large number of colleges which are now offering accredited degrees in healthcare administration across the state.
- Rising Salaries: Following the old rule of demand and supply, it is needless to mention that professionals with a healthcare administration background are now commanding relatively much higher salaries across Alabama. From an annual mean salary of $80,020 in 2006, it jumped to $89,420 in 2010 and the arrow is moving north with every passing year. This means all those who are currently pursuing their degrees across the state have a far better chance of getting higher salaries Vs peers.
- Pay Bracket: However the range of salary brackets throws up some interesting fact. Though there has been 11% growth in salaries of healthcare administration professionals between 2006 to 2010, this kind of growth has been seen across professions in Alabama. What’s surprising within the ambit of healthcare administration is the wide gap in pay. Studies indicate that the highest paid in this arena in Alabama earn over 150% more than the lowest paid who perhaps form the overall 10% population of the state with the lowest earnings. However the average pay scale of an healthcare administration professional is much higher than those in other professions across Alabama around $90,000.
Therefore no doubt a significant 1% of the total healthcare administration professionals across US graduate from the state of Alabama. Nearly 41% of these go on to earn their Masters in healthcare administration as well. Therefore Alabama today with its shrinking number of trained professionals is a hot bed of quality education and service provider for those interested in healthcare administration. Here is a look at some of the top schools in the state that offer the Masters in Healthcare Administration course.