The Earning Potential in the Domain of Health IT

The changing global economy, advancing technologies, and digitalization are some of the key forces that are propelling healthcare providers to spend more on healthcare information technologies to enhance the quality of healthcare delivery. As an emerging field, Health IT encompasses everything from electronic health records and online patient portals to health apps and personalized medicine. With the rapid growth of health IT, more and more healthcare organizations are embracing various forms of information technology into their facility, paving the way for lucrative new job avenues in this field.

For those aspiring to enter the healthcare industry, a degree in Health IT Management is a smart choice. In today's economy, picking a career that is both interesting and lucrative is not always easy; nevertheless, the field of health information technology is likely a very attractive career option. Indeed, a career in health information technology is a potential option for not only information technology professionals but also experienced medical professionals. With healthcare IT emerging as an expanding market, it is poised to grow even more rapidly.

As this particular domain in the healthcare industry is experiencing explosive growth in recent years, the job opportunities in this field are also showcasing tremendous earning potential. Pursuing an MBA or any equivalent management degree related to healthcare is a great way to make the most out of the career. Particularly, in the healthcare domain, having a strong background in business knowledge is a valuable asset. And this is why getting a health management degree from a reputed institution like IIHMR can benefit a lot in your career advancement and growth.

What is Health IT?

The use of computer and digital technology within medical facilities is on the rise. Healthcare IT is what helps companies increase the efficiency and effectiveness of clinical healthcare and delivery for patients as well as providers. Healthcare IT encompasses everything from electronic coding/billing systems and electronic medical records (EMR) to networks for digital imaging. To put it simply, health IT is the science that merges healthcare with computer technology.  It fuses together the healthcare system, computer sciences, information technology, and business intelligence, integrating them into all aspects of healthcare.

Indeed, Health Information Technology creates the right infrastructure within the healthcare system to connect and enable the flow of patient information and medical data to and from each of the stakeholders. A career in Health IT deals with the data analysis, information retrieval and optimal use of biomedical Information, patient data, and knowledge for various clinical problem-solving and decision-making. The role of healthcare IT professionals is all about focusing on the implementation and optimization of the healthcare information systems that support clinical practice. They analyze and interpret various clinical data and medical information, and choose to adopt best IT practices, thus, bridging the worlds of medicine and technology for efficient healthcare delivery.

Career Prospects in Health IT

EHR or Electronic Health Records are becoming the trend today, with hospitals and healthcare organizations making a major transition to electronic health records. This trend is creating numerous career opportunities for Health information technicians, who are needed to develop, implement, optimize, and maintain EHR systems. Moreover, health information specialists are essential to not only manage health information and patient data but to analyze medical data for improving health care programs and services.

Health IT Data Analysts are sought after by insurance companies, public health administrators, pharmaceutical companies, and other industry players as their insightful data information can help analyze trends to improve the patient care and administrative protocols. Medical Coding is yet another stream of health IT that provides healthcare providers with the needed expertise to inscribe clinical data for classification, reimbursement, planning, and research.

The pay scale of a health IT professional depends on his/her experience, the facility they work in, and the skills/ability they possess in managing the organization. Typically, an entry-level health IT management professional can earn an average salary ranging from INR 5 Lakhs to 6 Lakhs per annum. With experience, the compensation rises to anywhere from 10 Lakhs to 13 Lakhs.

Healthcare Information Technology Education from IIHMR

It is important that graduates who are seeking a way into the healthcare sector can make the best use of management education in health information technology to take advantage of these emerging career opportunities. With the brisk demand for qualified IT professionals increasing in healthcare, more and more opportunities are on the way. We, at IIHMR, recognized as the best institute for pursuing Masters in Public Health in Delhi, aim to offer certifications and programs in healthcare management to help meet the ever-increasing need for trained professionals in health IT and health informatics.

Getting a professional course in Health IT Management can help students embark onto the functional and management roles such as clinical analysts, medical information officers, and quality management officers in healthcare consultancy firms, hospitals, health insurance companies, pharmaceutical companies, and other health-related organizations. The Post Graduate Diploma program in Health Information Technology at IIHMR aims to develop and train individuals for the healthcare industry, by providing them with deep knowledge on Healthcare Management and IT to improve the overall effectiveness of healthcare delivery.