Is healthcare management in demand in the UK?
The healthcare system in the United Kingdom (UK) is considerably better than its foreign counterparts. The National Health Service (NHS) in the UK leads the globe in terms of parity to access and ensuring people do not face financial hardship when they are not in the pink of their health. It is also well-known for managing patients with chronic health conditions like diabetes and kidney diseases and is relatively efficient compared to other countries’ health systems. As a career in the healthcare field has the potential to make a massive difference in other people’s lives and society, a health management degree in the UK is in high demand.
A degree in health management in the United Kingdom goes a long way toward equipping individuals with the acumen required to excel in the fast-growing healthcare sector. The handsome pay checks awarded to healthcare managers make it worthwhile, especially if individuals have a knack for the field and are prepared to put in the effort.
A candidate can land several well-paying jobs across private and public healthcare facilities, health centres, insurance firms, super-specialty hospitals, and consulting firms with a healthcare management degree. In fact, the NHS is widely known for hiring healthcare management graduates in considerable numbers. Now that you have a shallow understanding of the healthcare management sector in the UK, we will delve into how much a healthcare manager in the UK makes.
Healthcare Manager salary in the UK in 2022
According to Payscale, the average salary for a Healthcare Manager in the UK is GBP 33,919 per year. Subsequently, the starting salary for the healthcare management graduates in the NHS is GBP 25,368 per year. In addition to the gross salary, healthcare management graduates working for the NHS are also entitled to a High Cost of Living Allowance (HICA).
Job outlook for Healthcare Managers in 2022
The US Bureau of Labour Statistics (BLS) report suggests that the employment of Healthcare Services Managers is expected to grow 32 per cent between 2020 and 2030, much faster than the average for other occupations. The BLS report further suggests that about 51,800 job openings for Medical and Healthcare Services Managers are projected each year over the decade.
Healthcare market size in the UK
Healthcare is the largest sector globally, both in terms of revenue generation and employment. According to Fortune Business Insights, the home healthcare market in the UK is expected to reach US$ 1,951.7 million by 2026.
Over to you
If you still are unsure about pursuing a healthcare management degree, you must know that health courses have outstanding graduate employability. The course ensures that your skills and experience will always be in demand upon graduation. Moreover, the entry requirements for the healthcare management course in Germany’s Berlin are relatively more straightforward. You just need to be 21 and possess a three-year bachelor’s degree from a recognised university to apply for the programme in Berlin. So, sign up for the course right away!