Education Career Articles

Connect Facebook Connect Twitter Connect Google+ Connect Pinterest Connect Stumbleupon

Career Information and Salary for a Doctor of Health Administration

Career News December 31, 2012

Though some health administration jobs require prospective job seekers to hold no more than a master degree, completing a Doctor of Health Administration program will open the door for professionals to seek higher-ranking positions in the field. Some instances candidates can obtain a position as a chief financial officer or chief executive officer. These positions attract high wages, and they are extremely competitive. In this article, we will look at the career path of a Doctor of Health Administration and discuss what an aspiring Doctor of Health Administration must do in order to pursue their career.

Career Options

Healthcare professionals with a Doctor of Health Administration (DHA) degree can aspire for top leadership positions in the industry. They can choose to be potential candidates for titles such as hospital vice president (VP), hospital chief financial officer (CFO), or hospital chief executive officer (CEO). While healthcare is not commonly perceived as being a business, running a healthcare institution or system calls for a lot of organization and the industry attracts top executives among job seekers within its field.

Responsibilities of a CFO

Institutions rely on the quality of their financial reports from their respective CFOs who are primarily responsible for the same (source: U.S. Bureau of Labor Statistics (BLS) – www.bls.gov). A CFO works to ensure that the financial statements are accurate; they involve themselves in the formulation of the organization’s goals and devising strategies to accomplish those goals. To fulfill these responsibilities, a CFO must work with a budget and oversee the manner in which money is spent within an organization, such as a hospital.

Responsibilities of a CEO

The responsibility for everything that transpires within a hospital is retained by a hospital CEO. The decision to the ultimate goal of the organization rests with the CEO. In a job that is management-centric, the CEO has to meet and consult regularly with other executives of the hospital in order to ensure maintenance of the organization. There are boards of directors in some hospitals and CEOs of such hospitals are required to function in lockstep with the boards. Though the CFO might have a say in the planning of the overall budget, the final say rests with the CEO.

Other Administrative Roles

The field of healthcare administration encompasses various job titles. For instance, there are nursing home administrators, clinical managers, department administrators, RN site supervisors, surgery center administrators and nursing services administrators, among several others. These are some of the best jobs available in the healthcare industry. Though a master degree might suffice for these kinds of jobs, a Doctor of Health Administration can improve a candidate’s chances of career advancement especially when combined with training, credentials and experience (source: BLS).

Wage Potential

These are high paying jobs, but the average annual salary of a DHA can vary in accordance with the level of education and training of a candidate, and the size of the organization in which they seek employment. In May 2009, the average annual salary of chief executives was $167,280. However, professionals at this level have the potential to earn much higher salaries. In July 2010, the top 10% of CEOs in the United States earned an average annual salary in excess of $1.1 million (source: Salary.com).

Showing schools in your area

Matching School Ads
3 Program(s) Found
  • Online Bachelor's programs include BBA, Criminal Justice, Psychology, IT, Healthcare Management & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • Provide a range of campus experiences and services online including advising, tutoring, student community, and career services
  • Give students and alumni access to career assistants who help with resumes, cover letters, job hunting, and more.
  • We're now Non-Profit.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Looking for an Online Business Degree Program That May Improve Your Career Options?
  • EarnMyDegree.com Can Help You Match Your Educational Goals With Your Desired Career.
  • Whether You Are Looking to Earn a Degree Online, or Study at a Nearby Campus, This Is The Place to Connect With a College That May Be Ideal for You.
  • Browse Through Our List Of Online Colleges and Traditional Schools to Determine Potential Places to Earn a Degree NOW!
  • Online Courses

Showing schools in your area

Matching School Ads
3 Program(s) Found
  • Online Bachelor's programs include BBA, Criminal Justice, Psychology, IT, Healthcare Management & Public Health
  • Over 115 years of delivering quality education and personalized attention to students
  • Provide a range of campus experiences and services online including advising, tutoring, student community, and career services
  • Give students and alumni access to career assistants who help with resumes, cover letters, job hunting, and more.
  • We're now Non-Profit.
Good for Working Adults
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Ready to earn your business degree? If you identify with at least one of the statements below, GCU could be a good fit for you!
  • I have worked in the business field for a number of years and want to further my education in order to qualify for promotions, leadership positions, and salary increases.
  • I am graduating from high school and am interested in pursuing a career in a business field, but I first need the skills experience.
  • I am interested in a Bachelor's, Master's or Doctoral degree in my specialized business area of focus.
  • I want flexible course offerings, such as the option of 100% online, evening or campus classes.
  • I need a university that provides quality educational offerings through academic excellence and real-world relevance. Does this sound like you? Apply today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
  • Looking for an Online Business Degree Program That May Improve Your Career Options?
  • EarnMyDegree.com Can Help You Match Your Educational Goals With Your Desired Career.
  • Whether You Are Looking to Earn a Degree Online, or Study at a Nearby Campus, This Is The Place to Connect With a College That May Be Ideal for You.
  • Browse Through Our List Of Online Colleges and Traditional Schools to Determine Potential Places to Earn a Degree NOW!
  • Online Courses

Login to your account

Can't remember your Password ?

Register for this site!