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What is the Difference between Healthcare and Hospital Management?

Healthcare and Hospital Management

What is the Difference between Healthcare and Hospital Management?

Outsourcing has become an operating norm in current economy with the emergence of multinational companies and their business models. Although, healthcare is one of the sectors in which outsourcing is not considered viable. This gives a sense of security among the aspirants who wish to pursue their career in the field of healthcare creating a wide array of career opportunities in India.

Management skills are very important in every sector including healthcare. Managers are responsible for ensuring cost-effective and efficient running of every department in healthcare companies and hospitals. They form a decisive link between the operational aspects of the organization and the personnel. Two professions that augment the career of business and healthcare professionals in the field of healthcare are healthcare management and hospital management, which are multidimensional both in theory and practice. The terms are often used interchangeably, yet there is a notable difference in both of them.

What is Healthcare Management?

Healthcare management involves supervising business and operational aspects of a healthcare or medical organization, supporting the firms financial infrastructure. Healthcare managers are typically business people and not medical practitioners. The basic responsibilities of healthcare managers include, but not limited to:

  • Designing and analysing business, marketing policies and initiatives
  • Evaluating and communicating the business strategies
  • Implementing organizational policies and procedures
  • Collecting, analysing and interpreting financial data
  • Assessing and managing financial risks
  • Recruiting and training employees
  • Ensuring quality patient care
  • Mediating negotiations among care providers
  • Coordinating with physicians and other executives to improve productivity
  • Communicating with stakeholders and maintaining public relations

What is Hospital Management?

Hospital management includes overseeing and facilitating work related to physicians, nurses and other healthcare professional so as to ensure the smooth functioning of a hospital. The responsibilities of a hospital manager are more or less similar to that of a healthcare manager except the specialities in which they are fulfilled. Hospital managers must have extraordinary decision making skills and be able to handle stress as they work in a highly unpredictable environment.
Hospital managers engage with frontline physicians while healthcare managers are confined only to the administration and business. Hospital managers are concerned with the interpersonal expertise, leadership training and communication skills required to manage a healthcare facility whereas healthcare managers are more focussed on their knowhow and experience in critical analytics.

Career Opportunities for Hospital and Healthcare Managers

Despite a fine demarcation, both the professions share interdisciplinary knowledge and require same qualifications and skills to pursue a lucrative career in the respective fields. People trained in healthcare and hospital management are in high demand in many settings including hospitals, nursing homes, clinics, mental health organizations, rehabilitation centres, consulting firms, insurance companies, healthcare associations, NGOs and academia.

Online courses in Healthcare and Hospital Management at James Lind Institute

James Lind Institute offers globally accredited online training programs for individuals who are interested in pursuing a career in healthcare management sector. Advanced Post Graduate Diploma in healthcare and Hospital management offered by James Lind Institute acquaints you with the crucial aspects of healthcare and hospital management. This program imparts high end management and organizational skills at a professional level. The curriculum for this course is tailor-made to meet the needs of healthcare sector and includes various topics such as role of management, supervisor leadership and influencing skills, HR management and development, staff relationships and cultural diversity, healthcare planning organizing and control, information systems and knowledge management, accounting and finance, patient care and support, hospital services and management and careers in the respective fields.
A Bachelors degree in the field of biosciences/ life sciences, pure sciences, medicine, pharmaceutical sciences, bioinformatics, biostatistics, nursing and allied health serves as the minimum eligibility criteria to enrol in this program. Individuals sans the above mentioned educational qualifications but with a prior experience in the associated fields may also enrol in this training program as it helps them grow better in their career.
Individuals who complete the advanced PG Diploma in Healthcare and Hospital Management and meet the eligibility criteria for masters degree may opt to upgrade their diploma course to Masters level and join the stage 2 of the Master of Science in Health Management conducted by James Lind Institute in collaboration with the International telematics University UNINETTUNO, Rome, Italy.
We provide state-of-the art facilities to our students such as e-campus and Online Campus Tutoring Centre (OCTC) to connect our students with their fellow students and faculty members and carry out discussions related to their study online. Towards the completion of the course, placement assistance and career development support will also be provided, if need be.
For more information on the curriculum, eligibility criteria, fee structure, assessment, career opportunities and academic support, please visit https://www.jliedu.com/programs

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