Health Information Management and Healthcare Management sound extremely similar. Let’s face it – most people think these are the same careers. We are here to tell you, that they are not. Yes, they are both within the healthcare realm and we all know that every position in healthcare is growing right now, but they are extremely different. Let’s dive a little deeper into Health Information Management vs. Healthcare Management.
The Nitty-Gritty
The biggest difference between Health Information Management (HIM) and Healthcare Management (HCM) is that HIM is a healthcare-related degree and HCM is a business-related degree. Health Information Management professionals don’t have much managing responsibilities at all. They mostly work with medical records. Their job is to make sure facilities are running smoothly, providing nurses and physicians accurate patient files, and making sure medical records are protected. Healthcare Management professionals are the office managers at smaller practices such as clinics or dentist offices.
HIM vs. HCM: The Skills Required
Health Information Management and Healthcare Management positions are similar regarding the skills required for the position. For example, both require:
Health Information Management needs to have enthusiastic customer service and project management skills.
Healthcare Management needs management and supervisory skills and they also require some solid planning skills.
HIM vs. HCM: Salary & Job Outlook – The Differences
As mentioned above, all healthcare positions are rapidly growing as Baby Boomers grow older. According to the BLS, the employment of Health Information Technicians is projected to grow 11% from 2018 to 2028 and the median annual wage was $40,350 in 2018. While the employment of Healthcare Management is projected to grow 18% from 2018 to 2028 and the median annual wage was $99,730 in 2018.
Yes, the salary for HCM may sound more attractive, but you should weigh the options. Will you really enjoy the day-to-day responsibilities? Do you enjoy managing people or are your leadership skills superb? Then HCM may be a good route for you. Would you rather not work so closely with people and are detail-oriented? HIM may be a better route for you.
Which is the Best Option for You?
Although they may sound similar, Health Information Management and Healthcare Management professionals play entirely different roles in the healthcare industry. Which one is the best option for you? If you have any additional questions about Health Information Management vs. Healthcare Management, fill out the form or call CCNN today at 775-241-4445 to learn more about our programs in healthcare.
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