Career: Hospital Manager: Wealth in Health

Called as the next big thing after IT, the healthcare industry is growing very fast, Hanish Bansal, CEO, RG Stone Urology and Laparoscopy Hospital.

The Lowdown

Hospital management is a profession that deals with the patient-doctor relationship. It is about connecting various hospital departments to achieve the objective of treating patients and provide non-clinical support to the medical and non-medical staff in performing their duties. Hospital managers play an important role in defining best practices to provide quality healthcare to patients

Clockwork

8 am: Observation round begins

9 am: Inter-departmental meetings

11.30 am: Patient-visiting rounds

2 pm: Quick lunch

4 pm to 5pm: Resume work

7 pm: Head for home

The Payoff

Beginners can get anything between Rs 10,000 to Rs 12,000 a month. A deputy manager can take home Rs 30,000 to Rs 35,000 a month while the package of a COO/ CEO can be anywhere between Rs 15 lakh and Rs 25 lakh a year. A deserving candidate could earn more

Skills/Traits

• Patience, convincing power and ability to deliver
• Honesty and humility, to help solve not only the patient's problems but also sort out issues among subordinates

Getting There

The first and foremost step is to opt for a hospital administration or hospital management degree from a recognised college. Bachelor of hospital administration is a three-year degree course for undergraduates. Minimum requirement is 10+2 pass with biology, aggregating 50 per cent marks. A masters in hospital administration is a two year postgraduate programme. Graduates in any discipline can apply for this course

Institutes

• FMS (Faculty of Management Studies), DU; www.fms.edu/
• AIIMS (Delhi); www.aiims.edu/Tata Institute of Social Sciences (Mumbai); www.tiss.edu/
• Institute of Health Management Research (Jaipur and Bangalore); www.iihmr.org/ and www.ihmr.org/
• Symbiosis Institute of Health Sciences (Pune); www.sihspune.org
• Armed Forces Medical College (Pune); afmc.nic.in

Pros and Cons

• Opportunity to work in a booming industry
• Difficult to keep pace with changing industry demands
• A single error in judgment may ruin one's career
• A very well-paying profession
• Highly competitive

Source: HT Horizons

Date: 10th March, 2011

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