Healthcare administrators have a wide range of duties that require skills and experience across many disciplines, including:
Finance: Healthcare administrators manage facility budgets, including payroll, the purchase of new medical devices, and even budgeting for expanded locations. They are responsible for controlling labor costs and ensuring all areas of need are met within the allocated budget.
Human Resources: A critical component of any healthcare organization is having solid human resources practices. This includes hiring the right people, evaluating staffing needs, and making sure all roles are filled to provide necessary patient care.
Compliance: Maintaining compliance with federal, state, and local laws is essential for all healthcare organizations—otherwise, they risk significant financial penalties. Compliance for billing, occupational safety and health, and privacy and security can all fall within the duties of a healthcare administrator.