Changing Politico-Economic Paradigms and the Healthcare Market: Issues and Realities for Career Seekers

Healthcare is an important part of modern day life and those seeking a career in the field always feel the urge to do the most extensive research to be able to find the right types of education to be eligible for the most attractive job openings. In terms of education in medicine, a variety of different options exist for young people, including bachelor’s degrees in general health studies, nursing masters degrees or PhD programs in an area of specialty such as orthopedics, pediatrics, oncology as well as many others.

In terms of the job market, thanks to new investments in the field, namely hospitals, clinics or research centers, those with a serious interest and an adequate educational background are have a chance to find employment in numerous institutions of treatment, research or learning. One bit of useful advice for such people would be to focus on their education as the primary motivator of their careers from an early age to be able to develop a strategy for years to come. Once such an ambitious and fruitful educational career is completed, the candidate will find it a lot easier and enjoyable to search for occupation, meanwhile paying attention to the newly emergent market realities will also help such individuals be more direct with their intentions and expectations to save them time, energy and money.

Generalized statements and assertions are the truest enemy of the intelligent mind and when the issue is finding a job in the public health sector, guidelines are more than necessary. Job prospects are limited compared to the private sector and before pursuing an expensive degree, interested candidates should comprehend the market very well to reduce risks and increase chances of success. Similarly, many job openings are quite attractive at a first look but further research reveals some ugly truths and therefore paying attention to ongoing issues is also a must.

One of the most potent fields of public health is medicine due to high amounts of research and practice available in the field. Those with a strong educational background are more than welcome to pursue a career in a R&D facility while those with a passion to help people recover and lead healthy lives can find employment in a public hospital or clinic. Non-profit organizations are also a possibility within the public health sector but there are dominating issues such as lack of funding, equipment or political support. However, several non-profit organizations are involved in collaborative programs with the government or private institutions, meaning that new possibilities surface frequently.

The government itself is seeking healthcare professionals to work in its offices as full-time employees to help develop strategies, policies and plans to increase efficiency in the sector. Lastly, academia is always an option as public health studies has become one of the most popular areas of undergraduate study for American youth and the industry is increasing its demand for higher education in the field. Therefore, those with the capability to learn fast and apply medical knowledge will be able to find respectable spots in academia as well.

Naturally, the private sector is trying to adopt to the new developments in healthcare and for those seeking to find answers to their questions regarding availability, employment or benefits within the market, some organizations are available to consult.

Wired Magazine recently carried out its ‘WIRED Health 2018’ conference, housing “leading technologists, entrepreneurs and innovators shaping the health industry today” to a crowd of ambitious and curious learners. Held at the Francis Crick Institute in London, the main conference was followed by a morning workshop on March 14th, organized and carried out in conjunction with the Bupa Customer Lab. Some of the core topics covered were immunology, neuroscience and use of Artificial Intelligence in healthcare practices, which were all correlated with respective market and technology innovations.

The event enabled business professionals, academicians and clinicians to access their desired tools, inspirations and networking opportunities “to tackle the stagnant business models, heavy legacy systems and lack of innovation.” The event also housed a special business incubator/accelerator program that was designed to educate and inform startups about possibilities and also help such projects access crucial business tools and capabilities. The event will most likely be repeated in 2019 and those seeking to get a head start in the field should definitely pay attention to dates and reserve their seats prior.

Healthcare has become a public concern once again following the Trump administration’s decision to repeal the Affordable Care Act and replace it with ‘Trumpcare’ and the general atmosphere of confusion and obscurity seems to be troubling quite a few people in America.

However, some positions are still available with high-paying salaries for healthcare professionals such as Orthopedic Surgeon, which pays an average of $475,000 annually according to a study conducted by LinkedIn. General Surgeon is also an attractive position, which makes its practitioner around $400,000 a year and is a highly demanded position in both the public and private sectors. Cardiologists are also in high demand by both industries, which pay such doctors around $400,000 as well annually.

The LinkedIn study also found out that apart from medical practice, there also exist high paying jobs in the industry that do not necessitate a medical school education. The Vice President of Quality position in a medical facility pays around $245,000 for annual compensation and many institutions currently hire professionals with a focus on management and analytics, meaning that more positions will open soon. Another striking position in the study is Global Marketing Director with an annual salary averaging $233,000 and marketing and sales education or a relevant work experience both enable candidates to be considered for the job in several institutions.

The Vice President of Finance and Vice President of Human Resources position are also included in the study with annual salaries approximating $225,000. Once again, education in Finance or Management are enough to be considered while extra work experience definitely helps the candidate have a higher chance of landing the job.

Media interest in the issue is growing day by day and the current state of crisis definitely motivates researchers to pay more attention to what is really happening in the American healthcare system and its job market today. Hospitality jobs are becoming more popular, with institution such as George Washington Hospital hiring more than 2,300 employees of such merit while “data analysts, housekeepers, social workers, chaplains and information technology specialists” also find employment at such institutions with ease.

What is more promising is the expected 18% market growth for healthcare employment by 2026, according to a study conducted by the Bureau of Labor Statistics, which will add 2.3 million new jobs to the market. Many hospitals and clinics are employing professionals in customer services, corporate communications and technology essentials who do not have high life-science skills. The new integrated structural design of current day hospitals provides a variety of different jobs for employees and unfortunately many aspiring professionals are not aware of this reality, associating hospitals and clinics with only medical practice and the types of jobs it creates.

Another advantage in today’s healthcare job market is that most entry-level jobs enable their holders to rise quickly within the organization, unlike many other traditional business sectors where business hierarchy is quite brutal and stops many aspiring employees from rising up in the ranks. As the American public grows older with 60 million people aged between 53 and 71 living in the society as of today, their demands for healthcare will surely increase in the years to come. This means that further investments into the field will be necessitated to create new jobs for interested individuals at new hospitals, clinics and Research & Development centers.

On a side note, a recent interesting development was observed in the United Kingdom where Theresa May appointed Jackie Doyle-Price as the brand new Minister for Suicide Prevention while the country will soon host the first ever global mental health conference late this year. Usually, healthcare and politics do not interfere with one another on constructive terms and politicians use healthcare policies and applications as part of a political agenda, resulting in the emergence of non-favorable, discriminative and unsatisfactory practices at the cost of millions of citizens and their access to a functional healthcare system.

The 4,500 annual suicides in the country have become a major public concern leading the UK government to begin its nation-wide program to help troubled individuals by inviting ministers and officials from more than 50 countries to a special organization as part of the World Mental Health Day commemorations. With promises of mental health education at schools for students, the plan intends to end the social stigma associated with depression and other mental conditions leading to suicide using the £1.8 million Mat donated to the ‘Samaritans’ for keeping the charity’s free helpline in operation for the next four years.

What this news means for those seeking to make a career in healthcare is simple: civil society is functioning in various parts of the world and health issues, including mental health, are becoming open targets for intervention. Such intervention creates public support, government funding and most importantly investment which yields career opportunities even in the field of politics. Although it is highly unlikely that political scientists will find that many chances of employment in healthcare business, as the given development was more symbolic than pragmatic in nature, the resulting expansion of the market signals great opportunities for all sorts of proffessionals to find employment in administrative fields.

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