Medical Practice Manager

Creating the next generation of medical practice managers and leaders.

About

A medical practice manager is responsible for overseeing the operations of a medical practice such as a physician's office, clinic or hospital department. Medical practice managers are responsible for managing the financial operations of the practice including budgeting, accounting as well as billing. They ensure that the practice is financially stable, staffed appropriately as well as providing high-quality care to patients.

Overall, these managers play a critical role in the successful operation of a medical practice. This is a challenging and rewarding career path for individuals with a passion for healthcare management as well as operations.

Eligibility

For Bachelor’s

  • The aspirants must clear their 10+2 board level examinations from an auhtorised school education board. 
  • To enroll in a Bachelor's degree, the seekers can apply for Bachelor’s in Paramedical Science, nursing or any other medical related field. 

 For Masters

  • In order to achieve high level medical domain management skills, candidates must pursue an MBA in Healthcare management.

Job Roles

The job role of a medical practice manager typically involves overseeing the daily operations of a medical practice such as a physician's office, clinic or hospital department. Some of the key responsibilities of a medical practice manager include:

  • Clinic Manager
  • Hospital Manager
  • Hospital Administrator
  • Medical Office Manager
  • Health Services Manager 
  • Practice Operations Manager 
  • Patient care management

Top Recruiters

The top recruiters of Medical Practice Managers can vary depending on the location and size of the medical practice. However, here are some of the common top recruiters for Medical Practice Managers:

  • Hospitals and healthcare systems
  • Medical clinics and outpatient facilities
  • Physician group practices
  • Government agencies, such as the Department of Veterans Affairs or Department of Health and Human Services
  • Insurance companies and managed care organizations
  • Academic medical centers and research institutions
  • Non-profit organizations and community health centers
  • Consulting firms specializing in healthcare management
  • Healthcare technology companies and vendors
  • Pharmaceutical companies and medical device manufacturers.
  • Physician's offices
  • Healthcare Clinics
  • Hospitals
  • Outpatient care centers

Salary

The salary of a Medical Practice Manager can vary depending on factors such as location, size of the practice, level of experience as well as educational qualifications.

 

Level of Salary

Salary Package per Year

Starting Salary

Approx ₹12,00,000

Mid Level Salary

Approx ₹18,00,000 

Senior Level Salary

Approx ₹25,00,000 

Skills

  • Healthcare industry knowledge
  • Leadership and management
  • Communication
  • Financial management
  • Organizational skills
  • Problem-solving
  • Technology proficiency
  • Human resources

Scope

The career scope for Medical Practice Managers is promising as the healthcare industry continues to grow as well as evolve. The demand for effective management along with administration of medical practices is increasing due to the aging population, advances in medical technology and changes in healthcare regulations.

Medical Practice Managers can work in a variety of healthcare settings including physician's offices, clinics, hospitals as well as outpatient care centers. They can also find employment in government agencies, non-profit organizations, academic medical centers and consulting firms specializing in healthcare management.

Benefits

  • Job stability
  • Competitive salary
  • Rewarding work
  • Professional growth
  • Opportunities for leadership
  • Flexibility

Drawbacks

  • High levels of responsibility
  • Long hours
  • High stress
  • Constant change
  • Limited patient interaction
  • Financial pressure