A Medical Practice Manager is an expert individual who works at a healthcare facility such as a hospital or a private medical clinic and guarantees that the facility's operations, legal compliance, and finances are in check.
The demand for medical practise managers is expected to increase by more than 20% over the next decade, according to the U.S. Bureau of Labor Statistics. Medical practise managers earn an annual average salary of $101,340, which equates to $48.72 per hour, according to the Bureau of Labor Statistics.
Practice managers in physician offices earn slightly less than the national average of $99,850 per year, but those in pharmaceutical and medicine manufacturing earn much more, earning $165,400 per year. Practice managers with an MHA or MBA can typically advance into more responsible and higher-paying positions in large medical group practises.
Indeed, the Bureau of Labor Statistics predicts that employment of medical practise managers will grow at a rate of 23 percent before 2023, resulting in the creation of approximately 73,300 new managerial positions. This projected growth rate is more than double the national average of 11% for all occupations.
- How to become a Medical Practice Manager Quick Facts
- What does Medical Practice Manager Do?
- Steps to Follow to become a Medical Practice Manager
- Types of Medical Practice Managers
4.1 Hospital Manager
4.2 Clinic Manager
4.5 Practice Operations Manager
- How to become a Medical Practice Manager in India
- How to become a Medical Practice Manager after 12th
6.1 UG Preparation
6.2 PG Preparation
7.1 BBA in Healthcare Management
7.2 Master of Health/ Hospital Administration
7.2 MBA in Healthcare and Hospital Management
8.1 UK
8.2 US
8.3 Canada
8.4 Australia
- Benefits of Career as a Medical Practice Manager
- Skills required to become a Medical Practice Manager
- Salary of a Medical Practice Manager in India
11.3 Experience Wise
Quick Facts for Medical Practice Manager
Quick facts on Medical Practice Manager are given below in tabulated form:
Industry | Healthcare administration |
Eligibility | Bachelor's in Healthcare Administration field such as Nursing, Paramedical, Life sciences, etc. Master's degree in Healthcare Management field is highly recommended for a Higher Job Posting. |
Average Starting Salary | Rs. 3,48,500/ Annum |
Job Opportunity |
|
What Does a Medical Practice Manager do?
The typical responsibilities of a Medical practice manager includes –
- They bear a bunch of administrative responsibilities, and also have to develop the business strategy of the daily operations for a medical practice.
- They are also engaged in hiring new staff, developing personnel policies, negotiating employee benefits, maintaining equipment, resolving labor conflicts, ordering medical supplies, completing payroll, ensuring compliance with all government guidelines, preparing taxes, guaranteeing medical records are stored properly.
- Medical practice managers also have the responsibility to perform internal compliance audits, transmitting insurance claims, and marketing new medical services.
- Practice managers are engaged in a load of work, and have to handle various business aspects of medicine. This is to maximize the physicians’ time, develop patient care, and decrease patient time.
Steps to Follow to Become a Medical Practice Manager
There are some important steps that candidates must follow to become a Medical practice manager. It includes selecting the correct career choice, colleges, preparation of entrances, Collection of details of top colleges etc.
Making the Right Decision
To be successful in this sector, one must take correct decisions to excel. You need to explore your path of interest, and choose that specific specialization, if you are curious to know about it. Explore what are the subject combinations that you need to choose after 12th, in which you find nack, and also that are available to be a medical practice manager.
Pursuing a career in this respective field is hard to execute, as there are many tough conditions, from which you may have to go. For this you need strong determination, as well as dedication, and be prepared to work in a hospital environment most of the time. Hence, making the right decision, gives a positive impact in your future too. So decide wisely, whether you want to go for this subject having a diploma, or a certificate course, or even a bachelor’s degree.
Choosing the Right Subjects
Holding an academic degree in the relevant stream is usually the minimum educational qualification needed to be a Medical practice manager. But in recent times, demand for the Medical practice manager as an individual course, is increasing.
A degree in either Managerial accounting, health economics, health finance, operations, public health, information technology, human resource management, ethics, strategy and marketing, will help you to be a medical practice manager.
Apart from subjects, or having a career, the minimum skills all the medical practice manager should have is having calm temperament, multi-tasking ability, excellent communication skills, dispute resolution skills, strong organizational skills, should have a positive attitude, and have a cheerful disposition.
It is not necessary for you to wait for long in a medical practice office, as everyone working there is very busy. Doctors, nurses, receptionists, PAs, billers and coders, all have a handful of work, including tests, handling patients, and countless record keeping of modern medicine.
Entrance Exam and Preparation
Through a Common Application From (CAF) candidates can get admission in their preferred institutes providing hospital management courses. To prepare for the Entrance Examinations, it is essential to have a thorough understanding of the syllabus and courses. To pass any entrance exam, you must have a basic understanding of physics, chemistry, biology, and mathematics.
Books for preparation - Do you consider yourself to be more of a doctor than a businessperson? Do you have no business education or experience? Is it necessary for you to create your own practice or to join one?
These books go into the principles of practice management and future planning in great detail. It covers everything from possibilities to trends to alternatives for attaining stability and growth in medical practice.
It begins with structure and goals, then moves on to operational aspects such as how to lease office space, the best options, their advantages and disadvantages, and equipment specifications. It covers all aspects of how to handle this situation.
Some of the top-recommended books for Medical Practice Managers are listed below.
- Physician Practice Management by Lawrence F. Wolper
- Secrets of the Best-Run Practices by Judy Capko
- The Business Side of Medicine: What Medical Schools Don’t Teach You by Dr Tom Harbin
- The High-Performing Medical Practice by Owen J Dahl
- Introduction to Medical Practice Management by Deborah Montone, Michelle Lenzi
Choose the right College
If you are seeking this specific course in the best colleges, then you have to score very well in the entrance exams. According to various experts, it is always good to get admission in the prime government colleges, as they are of less complexity, have good lab facilities. Besides, they have a lower course fee too.
- Initiate research on the best colleges, offering medical practice manager courses. Analyze their ranking, fess along with placement opportunities. These all aspects determine how good a particular college is.
- Be ready with all the documents you need to get admission for that college you have chosen. Also try to connect with alumni of the college, for gaining experience.
- Also study regarding the infrastructure of the college, and how good the course faculty. A college can be overall good, but to determine how good the course is, in that college, examining these things is necessary.
After Qualifying Examination
- Colleges pick up the candidates based on their merit in the qualifying examination. After qualifying entrance, and getting admitted at this college, is the beginning of the new journey. This journey will have a span of 3 to 4 years, where candidates have to excel with hard work and dedication.
- Like the admission process in most of the colleges, candidates have to first sit for the entrance, and after that, they need to meet the college cut off, set by the authority, to get to the next level.
- Next candidates will be finally selected based on their performance in the interview phase, and group discussion.
- Also, it is recommended to look for a college having internship facilities. You can gain experience which will assist you to develop your working skills. This will eventually help you to find jobs easily in the future.
Types of Medical Practice Managers
Medical Practice Managers can work in a variety of roles, including:
Hospital Manager
- Hospital managers collaborate with administrators to design and execute a hospital's health services.
- They seek to improve care efficiency, remain informed on current regulations, serve the facility on governing boards, and arrange facility service records.
Profession | Salary (per year) |
Hospital Manager | INR 255,780 |
Clinic Manager
- A Clinic Manager guarantees that a medical clinic operates effectively.
- They manage clinic employees and oversee day-to-day management operations, among other administrative and medical responsibilities.
- Their responsibilities include anything from hiring and training employees to setting budgets.
Profession | Salary (per year) |
Clinic Manager | INR 303,588 |
Medical Office Manager
- A medical office manager is a medical practitioner who is responsible for planning, directing, and coordinating support services for a clinic / medical practice.
- These individuals are in charge of running the practise on a daily basis while ensuring a professional environment.
Profession | Salary (per year) |
Medical Office Manager | INR 1,735,187 |
Health Services Manager
- Most of the operational activities in a hospital or medical environment are handled by health services managers.
- Supervising the training and hiring of hospital employees, maintaining budget records, keeping track of patient counts are some of the standard responsibilities.
Profession | Salary (per year) |
Health Services Manager | INR 503,000 |
Practice Operations Manager
- Analysis of corporate strategy, creation and development of programs, activities, design of appropriate products and services that promote the corporate strategy are all significant responsibilities of the Practice Operations Manager.
-
Layout Design and Strategy, Human Resources and Job Design, Supply Chain Management, Inventory Management, Location Strategy are some of the decision-making areas of a good practice operations manager.
Profession | Salary (per year) |
Practice Operations Manager | 2,366,302 |
Hospital Administrator
- Hospital administrators help develop procedures for medical treatments, quality assurance, patient services, and public relations activities such as active participation in fund-raising and community health planning, as well as plan departmental activities, evaluate doctors and other hospital employees.
- Also, create and maintain policies, and help develop procedures for medical treatments, quality assurance, patient services, and public relations activities such as active participation in fund-raising and community health planning.
Profession | Salary (Per year) |
Hospital Administrator | 4,612,096 |
How to become a Medical Practice Manager in India?
Since every aspiring candidate wants to become a Medical Practice Manager, here's how he/she can justify those steps in detail:
School Level Preparation - You must ensure that you know what your hobbies are, what subject combinations you must take in your 12th grade, and what courses you are eligible for in order to become a Medical Practice Manager. Candidates must have completed at least a bachelor's degree in a relevant subject such as nursing, paramedicine, or life sciences.
The ideal courses to become a Medical Practice Managers are BBA / MBA in Hospital Management and UG/PG programmes in the field of healthcare administration.
If you want to get into the best institutions, you may have to take an entrance examination and score quite well. According to experts , admission in top government institutions is always better yet tough to acquire because they offer the simplest education, a reduced course price, and well-developed labs.
How to become Medical Practice Manager after 12th
With the completion of school, candidates must pursue a term skilled course within the connected field or full-time degree programmes which takes 2-4 years for its completion. Detailed below is the way to harden a PG and UG course.
UG Preparations
Follow the steps below, to pursue a career in Medical Practice Manager
After the completion of 12th boards, candidates need to choose the bachelor’s degree to one of the relevant streams of Medical practice manager, from a well-known educational institute. There may be any regulation of entrance exams. Examine it, either it is conducted at the state level, or national level. The period of the courses will vary from 3 to 4 years
To be a practice manager, you must hold a bachelor’s degree at least in the relevant field of Medical practice manager. Bachelor degrees in either health finance, public health, or human resource management, will help the individual to pursue the career of a medical practice manager.
PG Preparation
For admission to PG programs respective to this course, candidates must gain a minimum of 60% aggregate marks in their bachelor’s degree. You can also choose PhD after completing MA, if you’re planning for higher studies.
During your master’s degree you can also prepare for the entrances, conducted for admission to PhD courses, CSIR NET, UGC NET being the significant ones. Try to solve their previous year’s samples as more as possible, to get a fair idea regarding their patterns, and questions.
In some colleges and universities, written test, and personal interviews are conducted to assess the skills and experience of the candidates.
Courses to become a Medical Practice Manager
To become a Medical Practice Manager in India, you can take one of the following courses:
- BBA in Healthcare Management
- Master of Health/Hospital Administration
- MBA - Healthcare & Hospital Management
BBA in Healthcare Management
Check out the admission process, and entrance exams for this course below.
Admission Process for BBA in Healthcare Management
Some universities admit students based on their 10+2 grades, while others require a joint entrance exam for admission to the BBA in Healthcare Management.
Step 1: Determine the parameters you want in a college and search for colleges that meet that criteria.
Step 2: Check the colleges' application deadlines and fill out the application form accordingly.
Step 3: The college will keep track of the individuals who have successfully applied for a position, and a merit list will be posted on the college's website.
Step 4: Call letters for Group Discussion and Personal Interview are distributed based on the college.
Step 5: Following Step 4, the college publishes a final merit list on its website.
Step 6: Selected candidates must pay the required fee specified by the college to confirm their admission.
Entrance Exam (BBA in Healthcare Management)
There is no single nationwide examination for BBA in Healthcare Management but some colleges prefer to take entrance exams for admissions.
Eligibility Criteria for the admission
Eligibility Criteria for a BBA in Healthcare Management
- Candidates who wish to enrol in the three-year BBA in Healthcare Management course must have completed their 12th grade at a reputable institution.
- He or she must have obtained a minimum of 50% in order to be admitted.
How to Apply for the Exam?
The following steps ought to be followed for the application process:
- Registration of candidates by visiting the respective college’s website they want to go.
- Selection of the course in step with the selection of candidates.
- Entering the personal details correctly.
- Preview of all the small print before submission of the applying kind
- Pay the fees, and it will be successfully executed.
How to prepare for the Exam?
There is no such competition or entrances for BBA in Healthcare Management. Candidates will be shortlisted based on their merit.
MBA in Healthcare Management
MBA in Hospital Administration / Management is a two-year full-time course with four semesters.
Graduation with a minimum aggregate score of 50% in any specialisation, such as BA, B. Com, B. Sc., MBBS, BPT, B. Pharm, BE, B. Tech, BDS, is the minimum requirement for this course.
MBA Hospital Management admissions are based on MBA entrance exams such as CAT, XAT, and MAT.
In India, the typical tuition cost for this program is between INR 1 - 7.5 lacs.
After this course, there are several job options such as Health Finance Managers or Hospital Administrators, with salaries ranging from INR 6,00,000 to INR 9,00,000.
Admission Process for MBA in Healthcare Management
- Candidates interested in pursuing the course need to have completed graduation in any specialised course.
- The minimum eligibility criteria for admission may differ according to the institute offering the course and must be fulfilled.
- Additionally, candidates are needed to qualify any of the relevant national level entrance exams such as CAT, MAT and XAT.
- Candidates may also choose to apply for and appear in any of the university level entrance exams conducted at the level of the university.
- Once the candidate is done registering or appearing for the entrances, names of the selected student comes out on the basis of either merit or scores obtained in the entrances.
- Selected students then need to go through the rounds like Counselling, Personal Interview, Group Discussion, etc before finally getting enrolled into the course.
Entrance Exam for MBA in Hospital Management Course 2023
MBA Hospital Management admissions are based on MBA entrance exams such as CAT, XAT, and MAT.
Particulars | Dates (Tentitive) |
---|---|
CAT 2023 Application Date | August 2023 |
Admit Card Release Date | October – November, 2023 |
Date of exam | Last week of november 2023 |
Date of Result | December 2023 |
Particulars | Dates |
---|---|
MAT 2023 Application Date |
February 21, 2023 February 27, 2023 February 14, 2023 |
Admit Card Release Date |
February 24, 2023 March 2, 2023 February 15, 2023 |
Date of exam |
February 26, 2023 March 4, 2023 February 19, 2023 |
Eligibility Criteria for the entrance exams
- Graduation in any stream with at least 50% marks in aggregate.
- Candidates must have a graduation degree from a recognized university.
- Graduation in any stream with at least 50% marks in aggregate for SC/STs/other backward classes
- Qualifying any of CAT, XAT, MAT or GMAT (Entrance Exam)
MBA in Hospital Management Admission 2023: How To Apply?
The following are the requirements for admission to the MBA in Hospital Management program:
- Candidates need to register at the Admission portal.
- Fill the Application form with the necessary information
- Payment of Application fee
- Submit and take a print out of the form.
After the candidate has completed registering or appearing for the entrance exams, the names of the selected students are announced based on merit or entrance exam scores.
Selected students must then go through a series of steps, including counselling, a personal interview, a group discussion, and so on, before being accepted into the course.
How to prepare for the exam?
- Decide between self-study or coaching
- Focus on VARC, DILR, QA
- Break your syllabus into segments
- Prioritize Important Topics
- Solve Mock Tests
Master of Health Administration
Master of Health Administration (MHA) is a two-year professional master's degree offered to students who have completed a health administration course that encompasses hospital and other health organisation management, public health consulting, and infrastructure.
A Bachelor's degree in any field, including Science, Arts, and Commerce, is required for admission purposes.
MHA admissions are considered eligible on the basis of merit list. But some colleges consider admissions based on the results of the entrance tests.
Admission process for Master of Health Administration (MHA)
- Candidates interested in pursuing the course need to have completed graduation in any specialised course.
- The minimum eligibility criteria for admission may differ according to the institute offering the course and must be fulfilled.
- Additionally, candidates are needed to qualify any of the relevant national level entrance exams such as CAT, MAT and XAT.
- Candidates may also choose to apply for and appear in any of the university level entrance exams conducted at the level of the university.
- Once the candidate is done registering or appearing for the entrances, names of the selected student comes out on the basis of either merit or scores obtained in the entrances.
- Selected students then need to go through the rounds like Counselling, Personal Interview, Group Discussion, etc before finally getting enrolled into the course.
Eligibility Criteria
- The majority of MHA admissions are based on a merit list. A limited number of colleges, however, prefer entrance exam results.
- Candidates must hold a Bachelor's degree from any recognised Indian institution in any discipline, including Science, Commerce, Arts, Law, Agriculture, MBBS, BDS, BHMS, B.Sc. Nursing, BPT, BAMS, B.Sc. Allied Health Science, Veterinary Sciences, and B.Sc. Pharm with alteast 50% aggregates.
- Candidates must have successfully completed three years of graduate course or four years of graduate course in paramedical sciences, medicine, or veterinary sciences, pharmacy, agriculture, law, or engineering.
- Before applying for the Master of Health Administration (MHA) course, candidates must have completed their internship.
How To Apply for this Course?
Candidates can start the MHA studies immediately after completing their undergraduate degree. However, it is recommended that candidates have at least 2-3 years of relevant experience in the healthcare field before enrolling in the degree.
Since, Master of Health Administration studies are expensive, candidates should plan ahead of time for their expenses and loans.
The following are the requirements for admission to the MBA in Hospital Management program:
- Candidates need to register at the Admission portal.
- Fill the Application form with the necessary information
- Payment of Application fee
- Submit and take a print out of the form.
After the candidate has completed registering or appearing for the entrance exams, the names of the selected students are announced based on merit or entrance exam scores.
Selected students must then go through a series of steps, including counselling, a personal interview, a group discussion, and so on, before being accepted into the course.
How to prepare for the Entrance Test?
We've put together a list of tips to help candidates pass their entrance tests.
- Students should have a clear plan and understanding of the question paper's concepts and syllabus. The exam will last 120 minutes.
- Questions are generally asked from subjects like Quantitative Ability and Numerical Ability, Reasoning and General Intelligence, and English Proficiency. As a result, it is critical for college students to have a thorough understanding of these topics.
- Students should thoroughly review the previous year's question paper. This will make it easier for students to understand the types of questions that will be asked on the examination.
- Time Management: Because this is the most important aspect of one's preparation, students are advised to construct a proper schedule and stick to it.
How to become a Medical Practice Manager Abroad?
Pursuing management courses from abroad is one of the most in-demand professions, so if you become a Medical Practice Manager, you won't have to worry about the future.
Many International colleges offer a three-year BBA degree and 2 years Master Degree that focuses on instilling business acumen in students.
Apart from India, several foreign colleges offer BBA and MBA courses since BBA/MBA opens up a plethora of career options. The United States, the United Kingdom, Canada and Australia are the best nations to study management courses.
UK
Check the details for Medical practice courses in UK below.
Admission process
- Pursuing BBA from UK universities costs around 15.1 lakhs INR per year. The starting salary of a BBA graduate in the UK is 31.5 lakhs INR approximately.
- Applications for masters in Healthcare Management in the UK are principally accepted for the intake in Sep. Students need to have a bachelor in Science, Commerce, Arts, Law, Agriculture, MBBS, BDS, BHMS, B.Sc. Nursing, BPT, BAMS, B.Sc. Allied Health Science, Veterinary Sciences, and B.Sc. Pharm or a connected field to use in UK universities.
- Candidates should note that a number of the scores and documents needed are generic and thus, they ought to continuously visit the university web site before making ready their application package.
- Students applying for masters in Healthcare Management in UK ought to meet the subsequent requirements:
Bachelor's degree in Science, Commerce, Arts, Law, Agriculture, MBBS, BDS, BHMS, B.Sc. Nursing, BPT, BAMS, B.Sc. Allied Health Science, Veterinary Sciences, and B.Sc. Pharm or connected field
- Scores of entrance exams needed for learning in Britain.
- GRE or GMAT score
- Average GMAT: 680
- Average GRE: 325
- Proof of English proficiency
- 10+2 with minimum 65 % like any other BA ,BSc Degree.
- 18 year old students of Indian Nationalities can apply for the BBA, MBA courses.
- IELTS score above 6.5 is mandatory for admission in colleges in the UK.
- The average fee is around 18,000 -20,000 GBP.
- Students can apply for financial loans while meritorious students are awarded scholarships.
- TOEFL (iBT): 79 - 90
Admission to any degree in the United Kingdom is based on an IELTS score of at least 6.5
Educational Requirement
- A candidate must have obtained a score of at least 70% on their most recent qualifying examination. Also is is neccesary for the candidates to hold a relevant qualification, i.e., having Certificate or Diploma in Primary Care and Health Management.
The best colleges in the UK for BBA all courses are listed here.
Top Colleges in UK
College Name | Fees (INR) |
---|---|
University of Strathclyde | 16 lakhs (3 Years) |
Birkbeck University of London | 12.19 lakhs (3 Years) |
Kingston University | 11.23 lakhs (3 Years) |
University of Gibraltar | 10.72 lakhs (3 Years) |
University of Essex | 14.48 lakhs (3 Years) |
Courses Available:
- BBA
A BBA provides a broad overview of many disciplines within the business for an overall understanding, which includes management, accounting, economics and marketing.
- BSBA
A BSBA degree has a more math-oriented approach than a BBA, which focuses on STEM courses in order to develop a more analytical skill set to conduct business effectively.
- BABA
A BABA, or bachelor of arts in business administration, usually offers a general education in the liberal arts in addition to business courses. Students may study English, history, sociology, and other subjects in a BABA.
US
Check the details for the medical practice manager course in the US below.
Admission process
Bachelor of Business Administration (BBA) in the United States is a coveted 3- to 4-year undergraduate degree that offers a variety of specialisations such as management, accounting, and international business, among others.
- More than 1.3 million students graduate from leading colleges in the United States each year, with over 2,000 degree-granting institutes at the bachelor's level.
- A foreign candidate wishing to pursue a BBA in the United States should expect to pay between $15,000 and $55,000 USD each year.
- While each institute's entrance standards vary, an average GPA of 2.5, a strong TOEFL iBT (80)/IELTS (6.5), and a SAT score of 1060-1240 are the minimal criteria for the course.
- A starting income of 60,000 USD after completing a BBA in the United States, followed by a remarkable raise of 1,15,000 USD after completing an MBA, only adds value to this tempting package of a course.
The following is a list of common documents which a candidate must submit before applying for BBA admission in the United States.
- Official transcripts, high school diplomas with a minimum GPA of 2.0 or above (translated in English).
- Statement of Purpose/Personal Essay.
- Letters of Recommendation: Two.
- Evidence of English proficiency for applicants from non-native English speaking countries presented in the form of TOEFL/IELTS or equivalent.
- Standardized test scores like SAT/ACT must be submitted. Scores vary for various institutes.
- Health Insurance is a mandatory requirement (especially for international candidates).
- Course descriptions or syllabus from all the post-secondary institutes attended (transfer applicants).
Educational Requirement
The minimum educational degree needed to pursue medical practice manager at US, is havig a bachelor’s degree in healthcare administration or healthcare management.
Other Requirements
- Administrative and accounting skills.
- Strong communication, organization and problem-solving skills.
- Management and human resources experience.
- Familiarity with HIPAA regulations.
Top Colleges in US
College Name | Fees (INR) |
---|---|
University of Arizona | 27,44,891.42 per year |
University of Miami | 38,48,949.13 per year |
Pace University | 33,88,510.82 per year |
Carroll University | 24,46,805.05 per year |
University of Texas Arlington | 21,07,088.54 per year |
Courses Available
- BBA- Business Administration
- BBA- Management Entrepreneurship
- BBA- Accounting
- BBA- International Business Marketing
- BBA- Management
- BBA- Marketing
Canada
Check the details for medical practice manager course in
Admission process
- In Canada, a master's degree in health administration is a two-year curriculum for students interested in working in healthcare management.
- Masters in Health Administration is a graduate-level professional course for experienced working professionals in the healthcare field provided at top Canadian universities.
- In Canada, the average annual tuition cost for a full-time master's degree in health administration is 12,06,971 INR.
- MBA graduates with a specialty in Health Administration earn 55,52,003 INR on average, while MHA graduates earn 63,36,212 INR on average.
- Admission to a masters program in health administration differs from that of a MBA course in health administration. Both courses are open to international students seeking higher education in Canada.
The section below discusses the requirements for admission to various colleges:
Eligibility for Master's in Health Administration (Canada):
- Candidates must have a minimum educational background of 16 years, with a 10+2+4 breakup, and verification of this is required.
- It is always recommended to have a four-year bachelor's degree in a suitable field. You can still apply for the course if you hold a bachelor's degree in another specialty.
- Applicants must have completed the last two years of an appropriate bachelor's degree with a high rank equivalent to that required by the university.
- Proof of passing standardised examinations such as the TOEFL, IELTS, GMAT, GRE, are a requirement to study in Canada.
Educational Requirements
The minimum educational degree needed to pursue medical practice manager in the US, is having a bachelor’s degree in healthcare administration or healthcare management.
Top Colleges in Canada
The table below contains a list of Canada's best universities.
College Name | Fees (INR) |
---|---|
University of Toronto | 41,47,524 per year |
University of British Columbia | 29,97,386 per year |
McGill University | 32,90,249 per year |
University of Ottawa | 8,32,484 per year |
Dalhousie University | 34,09,287 per year |
Ryerson University | 13,93,533 per year |
Courses Available
- Masters degree in Health Administration (2 years)
- MHSc in Health Administration (2 years)
- International Masters for Health Leadership (15 months)
- MBA (Health Services Management) 2 years
- Global Executive MBA in Healthcare and life Science (1.5 years)
Australia
Check the details for medical practice manager courses in Australia.
Admission process
- In Australia, a Master of Health Administration degree lasts 1.5 to 2 years (full-time) and 3 years (part-time) .
- It will cost you roughly 7,91,444 - 26,72,820 INR a year to pursue this certificate degree at an Australian university.
- In Australia, the average pay ranges from 50,88,254 - 66,71,090 INR per year. A master's degree in healthcare administration and a master's degree in health services management are also available.
- IELTS or TOEFL scores, and/or 2-3 years of experience in the same field are the minimum requirements for this course.
- Though job experience is not a requirement for all colleges, having it adds value to your application and increases your chances of admission to Australian healthcare institutes.
Eligibility for Masters in Health Administration (Australia)
- A minimum of 15 years of learning, including 10+2+3 years.
- 3-4 year undergraduate degree in health science, business, commerce, economics, or law, or any other equivalent programs from a recognised university.
- A minimum of 2-3 years of relevant work experience is required,
- excellent English proficiency along with certified proof.
- TOEFL (PBT) 570, TOEFL (CBT) 230, IELTS 6.5, and PTE 64 are the average cut-offs for English proficiency.
Educational Qualification
It is necessary for candidates to complete a Certificate III in Health Administration or Business Administration (Medical). Also candidates having a diploma in Practice Management, or more generalized course, will also be eligible.
Top Colleges in Australia
In Australia, you can enrol in one of the top-ranked universities to pursue a master's degree in health administration.
College Name | Fees (INR) |
---|---|
University of New South Wales | 26,72,325 per year |
University of Technology, Sydney | 18,59,267 per year |
University of Wollongong | 8,26,187 per year |
Curtin University | 20,12,370 per year |
La Trobe University | 21,61,420 per year |
Flinders University | 20,34,725 per year |
Courses Available
- Masters in Health Management (1 year)
- Master in Health Services Management (1.5 year)
- Master of Medical Health & Leadership (3 years) online part-time only
- MHA, 2 years full-time and part-time
- MBA + MHA (2.5 years) MHA (1.5 year)
- MHA (2 years) MBA+MHA is also offered
Benefits of Career as a Medical Practice Manager
Salary
In India, the average annual income for a practice manager is Rs. 6,97,805. The Average Starting Salary is Rs. 3,48,500/ Annum. Gurgaon, Haryana, and Noida, Uttar Pradesh, are the highest-paying cities in India for Practice Managers, with average salaries of Rs. 5,47,741 and Rs. 3,42,231, respectively.
Job Security
As Healthcare Management is such a high-demand profession, job stability is essential. The majority of positions in the field are safe. As a result of Healthcare Management's importance, there are a variety of work opportunities available.
This gives you a lot of flexibility to move firms, cities if you feel like you need a new challenge or just want to move for the sake of it.
Positive Impact of the career
Medical Practice Managers are highly-paid professionals, with late-career earnings of Rs. 30 LPA on average.
It's a supervisory role with a lot of power and respect. Furthermore, there are excellent growth opportunities. One of the most secure and recession-proof occupations in the private sector.
Unique Experience
Maintaining a dedicated, productive, and efficient staff, as well as a team that achieves extraordinary results. Having a positive working connection with your employees that is built on trust and participation.
Skills required to become a Medical Practice Manager
You'll need a number of talents and attributes for a career in practise management, including:
- Strong financial management abilities
- The ability to work in a constantly changing environment
- Excellent communication abilities
- Leadership and motivational abilities are essential.
- Organizing abilities
- A readiness to collaborate with others while also respecting their viewpoints
Salary of a Medical Practice Manager in India
Check the average annual salary for a medical practice manager in India below.
Average Annual Salary in India
- In India, the average annual income for a practice manager is Rs. 6,97,805.
- The Average Starting Salary is Rs. 3,48,500/ Annum.
- Gurgaon, Haryana, and Noida, Uttar Pradesh, are the highest-paying cities in India for Practice Managers, with average salaries of Rs. 5,47,741 and Rs. 3,42,231, respectively.
Name of Organisation | Average Annual Salary |
---|---|
Govt | 558,705/Annum |
Private | 3,48,500/ Annum |
Specialisation Wise
Specialisation Wise | Salary |
---|---|
Project Management | 2,238,203 |
Operations Management | 2,300,000 |
People Management | 2,561,253 |
IT Consulting | 3,300,000 |
Experience Wise
Experience Wise | Salary |
---|---|
Entry Level Job / Freshers | 348,500 |
Junior Medical Practice Manager ( 1-5 years ) | 520,365 |
Mid level Experienced Medical Practice Manager ( 6-10 years ) | 779,978 |
Senior Medical Practice Manager (10+ years) | 1,028,907 |
Medical Practice Manager Career Prospects
Higher Education
A Medical Practice Manager can always level up after gaining expertise. He or she has the option of continuing their education.
After graduation, a medical practice manager can choose to continue his or her education, which will assist him/her advance up the corporate ladder. In order to advance in a company, a candidate may consider pursuing an MBA course.
Start Jobs
There are numerous jobs and a good career of a candidate who have pursued courses to become a medical practice manager. Some of them, which you can keep track, for a position in management are - Medical Executive assistant, Medical office administrator, Health Informatics Officer, Social and Community service manager, etc.
How to become a Medical Practice Manager: FAQs
Ques. Which is the best certification for medical/physician practice management?
Ans. The MGMA (Medical Group Management Association) offers Fellow status with the American College of Medical Practice Executives (FACMPE), which is the highest honour in the field of medical practice management.
Ques. How hard is it to run your own medical practice?
Ans. For a variety of reasons, it can be challenging. For starters, most doctors are poor marketers. As a result, they frequently overstaffed, overpay for services/supplies, and so on. Beyond the commercial knowledge required to run a practise, there is the clinical side, which they must concentrate on because it is the heart of their operation. On the other side, they should either hire a management business or find an experienced administrator who can oversee the practice's correct management.
Ques. How can medical practice turn into a successful business?
Ans. Experts offer advice on how to run a healthcare business.
- Create strong bonds with others.
- Seek to comprehend the viewpoints of others.
- Understand the distinctions between regulation, policy, and best practise.
- Develop great leaders throughout your company.
- Learn why previous techniques failed and how to improve them for future success.
Ques. Should doctors advertise their medical practice?
Ans. Yes, ofcourse. There are numerous reasons why a doctor should aggressively promote his or her practice. The healthcare industry is fiercely competitive, and competing against health system-owned practises can be even more tough as a private practice.
Ques. Pros and Cons of becoming a Medical Practice Manager?
Ans. Pros:
- Well-paid Career with salary ranging close to 30 Lakhs Per Annum.
- Great prospects of career growth due to supervisory position.
- Most secure and recession-proof private-sector careers.
Cons:
- It is vital to keep up with the latest medical workplace practices on a regular basis.
- The job is extremely demanding, and professionals may experience significant levels of stress as a result.
- It's possible that you'll have to travel a lot.