Top 5 Careers in Healthcare Data Analytics

Train Online for Exciting Opportunities Ranging from Statistician to Data Engineer

September 23, 2020

When most people think of jobs in healthcare, they often envision doctors or nurses in a hospital or clinical setting.  But there are plenty of growth opportunities for professionals interested in healthcare careers that do not require medical school or years of advanced study. Touro’s brand-new Master’s in Data Analytics with a healthcare concentration can open the door to a wide range of options – from statistician to data engineer.

This newly launched data analytics degree program is completely online and is a practical next step if you’ve already earned your bachelor’s degree in math, computer science, engineering, or in the health sciences. Five core courses teach you the fundamental skills you need to succeed in today’s data-driven world, and five electives allow you to customize your healthcare concentration based on your interests and career path.

As a data analytics expert, you’ll enjoy a rewarding career improving the healthcare experience for patients and providers alike. And with earning potential of more than $100,000 annually, it’s an ideal time to pursue the many opportunities available in this in-demand field. Here are five exciting healthcare data analytics jobs to consider with your new degree:

#1 Healthcare Data Analyst

Working as a healthcare data analyst, you’ll set up systems to acquire data related to patient health records, billing, organizational costs, and other areas of patient care. Then, you’ll analyze and interpret that data to offer doctors, researchers, and other healthcare professionals practical and innovative suggestions for how to provide better patient care at a lower cost, which new services or equipment to add, and how to optimize processes like admitting and discharge. Essentially, you’ll be using data of all kinds to boost organizational efficiency and improve the patient healthcare experience in every way possible.

Also known as a health information management analyst, healthcare data analysts can work in environments that range from insurance companies to hospitals to federal agencies. On average, they earn a salary of around $74,000 per year.

#2 Healthcare Statistician

If you love to collect and analyze data, have strong skills in statistical software like SAS and Statit, and are skilled at structured query language (SQL) programming, a career as a healthcare statistician might be just the right fit. With an ultimate goal of using data to improve all aspects of the quality of healthcare, you might find yourself conducting clinical research to build an evidence base, liaising with clinical teams to monitor internal processes, collaborating with other team members to create experiments and write research proposals, or even working as a mentor or consultant to other healthcare clinicians.

Employment options for healthcare statisticians could include anything from working in a hospital research lab or academic institution to being part of a biomedical or pharmaceutical company. The average salary is $77,000 per year.

#3 Healthcare Operations Analyst

With a knack for problem-solving and making smart decisions, healthcare operations analysts get to make significant contributions to nearly every aspect of a healthcare organization – from vendor relationships to patient care. You’ll first compile data by gathering customer feedback, reviewing databases, talking with workers to identify pain points, and analyzing records. Then, you’ll use that data to create simulations or predictive models to find solutions or enhance the efficiency of your organization – optimizing internal processes, making suggestions for when and where to innovate, and generally improving patient quality of care.

As a healthcare operations analyst, you could find yourself working for a health insurance company, a hospital, a vendor that provides healthcare equipment or testing, or even in a state or government agency. You can expect to make an average of $68,000 per year.

#4 Healthcare Supply Chain Manager

Ideal for people with strong organizational and social skills, a healthcare supply chain manager acts as the point of contact for insurance companies, regulatory agencies, hospitals, manufacturers, purchases, and anyone involved with the process of purchasing and managing supplies. By creating an efficient supply chain, properly managing inventory, and effectively liaising with all the stakeholders involved, you can not only help an organization to significantly cut costs, but you’ll also help them to provide patients with a higher quality and standard of care.

You can apply your skills as a healthcare supply chain manager at nearly any organization that’s involved with healthcare supplies – from actual care providers like doctors’ offices or hospitals to equipment and supply manufacturers. The average annual salary is around $81,000.

#5 Healthcare Data Engineer

Part businessperson, part IT professional, a healthcare data engineer needs strong technical skills that include programming languages and structured query language (SQL) programming and database design. You’ll be creating, building, and maintaining large databases and other large-scale architectures, utilizing the raw data you collect to spot trends and inconsistencies. Then, you’ll work with organizational leaders to define company goals and create algorithms that will help you use the data you’ve collected to find the right solutions to meet those goals.

Healthcare data engineers often work for insurance companies, but they can also find opportunities in hospitals, clinics, and other healthcare-related companies. The salary averages around $107,000 per year.

Ready to get started on this exciting and challenging career path? Contact Touro College to find out more about our new Master’s in Data Analytics with healthcare concentration and how it can equip you to succeed in today’s data-driven world.