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The Rise of the Health Care Industry

Health industry

 

The health care industry is Australia’s biggest employer, accounting for 13.7% of the workforce in 2018. Offering a wealth of professional opportunities, health care jobs span medicine, nursing, hospital administration and countless other specialisations. 

Public health issues like Australia’s aging population and the growing prevalence of chronic illness have resulted in a projected industry growth rate of 16.1% over the next five years. Such rapid expansion will inevitably lead to the creation of high-level jobs, providing skilled health care professionals with advancement opportunities. 

Specialised education is crucial to progressing your career in health care. Offering formal recognition of your experience, Monash Online’s Master of Health Administration and Master of Public Health can help you become a leader in the health care sector. Together with furthering your education, understanding the drivers of change in health care is another important aspect of professional success.

Technology 

Advancements in technology have drastically improved clinical health care. Illnesses can be detected earlier, treatments aren’t as invasive, and medications come with fewer side effects.

In addition to enhancements in clinical care, administrative and patient care processes have also been transformed by technology.

  • Digitisation of health records – Bulky paper files are being replaced by digital health records that can be accessed remotely by patients and health care professionals. 
  • Connectivity – Health care providers can engage with patients more easily through emails, apps and other digital forms of communication. 
  • Big data – Collecting data allows for the detection of trends in health care, such as outbreaks of disease and immunisation rates. 
  • Streamlined workflows – Now that machines can take care of mundane tasks, more time and resources can be funnelled towards patient care. 

Keeping up with the latest innovations in health care technology will ensure you have the necessary skills to advance your career.

Monash Online’s Master of Health Administration and Master of Public Health develop students’ knowledge of health care technology in several units, including MPH5312 Advances in managing patient care processes and MPH5308 Developing health systems.
 

Health Care Policies 

Australia’s health care system is jointly managed by federal, state and local governments. Due to changing demographics and evolving health care needs, health care policies in Australia are continually reviewed. 

The Australian Government has identified several key areas that will influence health care policies in the future, including: 

  • Chronic disease
  • The role of private health insurance 
  • Mental health services 
  • Hospital funding 
  • Budget measures. 

The complexity of these factors has increased demand for experienced health care professionals with the knowledge and ability to create suitable policies in the context of major health care challenges.

Learn how to tailor health care services in MPH5301 Health systems and policy and MPH5313 Challenges in public health.
 

Emerging Health Care Trends 

Identifying the latest employment trends will put you in the best possible position to capitalise on the rise of the health care industry. These are some of the fastest-growing areas of health care where potential leaders will have significant opportunities for advancement: 

  • Health and welfare services management – This sector involves the coordination of professional and administrative aspects of health care and welfare services. Employment trends indicate strong growth over the next five years.
  • Aged care and disabled care – Providing general household assistance and emotional and physical support to the elderly or people with disabilities, the aged care and disabled care division is set to grow rapidly according to Job Outlook data
  • Epidemiology – This branch of medicine specialises in the control of diseases and other factors relating to public health. There is currently a shortage in epidemiological services within Australia’s health workforce, creating increased demand for health professionals with epidemiology experience. 

Even if you already have qualifications and experience in health care, furthering your education will give you the ability to keep up with the rapid expansion of your specialisation.

The Master of Health Administration and Master of Public Health cater to the fastest-growing areas of health care, so graduates can hit the ground running.

 

Beyond Clinical Care 

While clinical roles will be vital to the rise of the health care sector, the industry’s expansion extends far beyond allied health services. In addition to doctors, nurses, and other clinical care providers, administrative experts will be just as crucial for the growth of Australia’s health care infrastructure. 

Leaders in health care administration who can navigate the ever-changing health care landscape will be in particularly high demand. Underpinned by population growth and an increase in the need for diverse health services, health care administration will become a haven of opportunity for experienced professionals. Coordinating health care services calls for a specific skill-set, including the ability to interpret medical research, develop effective health care policies and ensure the timely delivery of clinical care services.  

These are the kind of skills you will be able to build on by studying the Master of Health Administration and Master of Public Health. Perfect for health care professionals with established careers, these programs will ensure your career prospects rise along with the health care industry. 
 

Learn more about the entry requirements for Monash Online’s Master of Health Administration and Master of Public Health by booking a 15-minute phone call with an Advisor today.