5 of the Best Paying Jobs in the Healthcare Sector

5 of the Best Paying Jobs in the Healthcare Sector | Healthcare | Emeritus

According to McKinsey , the Healthcare Services and Technology (HST) segment has kept growing through the COVID-19 pandemic, despite the fact that the healthcare system, its workers, and its facilities have gone through the ringer. The HST profit pools went from $45 billion in 2019 to $50 billion in 2021. The outlook continues to be optimistic because healthcare workers are in constant demand, and as it turns out, the healthcare sector offers attractive salaries as well. Let’s take a look at five of the best paying jobs in healthcare.

It must be noted that the salaries of physician and non-physician medical professionals vary widely depending on experience and skills. Moreover, we have picked medical careers that are most lucrative in terms of future relevance and scope of growth and not just the pay package.

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What are the Best Paying Jobs in Healthcare

1. Dermatologist

Dermatology is considered a quality-of-life field, meaning its demand outnumbers other areas of medicine. People of all genders want to slow the effects of aging and live healthier lives, which has led to more jobs, especially in the sub-discipline of cosmetic dermatology. Also, the number of people getting skin cancer is increasing, and people are becoming more aware and wary of the disease. This is likely to increase demand in the field. There will likely be a lot of competition for jobs since more of the best medical students choose dermatology over other specialties because it pays better, has better hours, and gives them more freedom.

Job Profile

Dermatologists treat conditions affecting the skin, hair, and nails. For example, they care for people who have melanoma or other types of skin cancer. They may provide medical as well as surgical dermatology services. In addition, supervisory, teaching, and research positions provide dermatologists with opportunities for advancement.

Why is it One of the Best Paying Jobs in Healthcare?

Dermatologists make an average of $366,500 per year in the US, according to Salary.com

ALSO READ: A New Age of Patient Safety is Here, Thanks to Big Data

2. Anesthesiologist

Anesthesiologists work in hospital operating rooms, but their skills are also needed in gastrointestinal endoscopy, electrophysiology, and invasive radiology. In addition, because the pandemic had put all elective procedures on hold in 2020-21, anesthesiologists are now in high demand again.

Job Profile

An anesthesiologist is in charge of developing preoperative pain management solutions and treatment plans. They administer anesthetics to patients to make them numb to pain during medical procedures and prescribe medications for surgical procedures such as Cesarean sections and coronary artery bypasses, to name a few. They also monitor patients during surgery to ensure that their vital signs are within the recommended ranges, depending on the pain medication used and the level of consciousness required. Following surgery, the anesthesiologist monitors the effects of the drugs on the patient’s condition.

Why is it One of the Best Paying Jobs in Healthcare?

Anesthesiologist make an average of $331,190 annually, according to the U.S Bureau of Labor Statistics

ALSO READ: Burnout in Healthcare Workers: How to Mitigate the Crisis

3. Radiologist

In its 2021 Review of Physician and Advanced Recruiting Practitioner Incentives, the leading physician staffing company Merritt Hawkins called radiology the third-most-requested specialty after nurse practitioners and family medicine doctors. The report found that even during the pandemic’s peak, between April 1, 2020, and March 31, 2021, when imaging volumes were low, radiologists were still in high demand.

Job Profile

Radiologists receive training in the use of various medical diagnostic equipment. They can specialize in X-ray, mammography, or computed tomography (CT) imaging. For example, magnetic resonance imaging (MRI) scanners are the specialty of MRI technologists. By combining magnetic fields and contrast agents, the scanners reveal images doctors can use to diagnose patients. It is a critical part of the medical industry, and most radiologists and MRI technologists work full-time. However, since imaging is often needed in emergencies, they can be expected to work nights, weekends, or overnight shifts.

Why is it One of the Best Paying Jobs in Healthcare?

Radiologists make an average of $301,720 per year, according to the U.S Bureau of Labor Statistics.

4. Medical and Health Services Manager

During a healthcare crisis, the medical and health services managers bear the responsibility of employees and the general public. As the job is so demanding, the employment of medical and health services managers is expected to increase by 28 per cent between 2021 and 2031, which is much faster than the average for all occupations. Over the next 10 years, there are expected to be, on average, 56,600 openings for medical and health services managers.

Job Profile

Medical and health services managers, also known as healthcare executives, administrators, or managers, are in charge of planning and implementing medical care in a range of settings. These experts might have overall facility management experience or focus on running a single department or clinical area. Some of these individuals might also oversee a clinic or a group of doctors’ practices. Managers of medical and health services are knowledgeable and trained in the following:

  • Health Regulations
  • Technology
  • Business
  • Ethics
  • Finance

Why is it One of the Best Paying Jobs in Healthcare?

Medical and Health Services Managers make an average of $101,340 per year, according to the U.S Bureau of Labor Statistics.

5. Physical Therapist

The employment of physical therapists is anticipated to increase by 17 per cent between 2021 and 2031, which is much faster than the average. Over the next 10 years, there are expected to be 15,400 new physical therapy job openings annually.

Job Profile

Physical therapists, also known as PTs, assist patients in increasing their range of motion or controlling pain brought on by disease or injury. These highly compensated non-physician healthcare workers are essential to recuperating and rehabilitating patients who have undergone surgery or require care after a loss of function. PTs make treatment plans, assist people in realizing their full potential and conduct evaluations.

Why is it One of the Best Paying Jobs in Healthcare?

Physical therapists make an average of $95,620 per year, according to the U.S Bureau of Labor Statistics

Mark Your Presence in the Healthcare Sector with Emeritus

Now that we’ve covered the best paying jobs in healthcare, it’s up to you to decide how you want to proceed. Are you interested in enhancing your skills as a healthcare professional? Then, you can take innovative healthcare courses with Emeritus to learn how to use modern methods to drive improvement in the healthcare sector.

Healthcare analytics is another rising branch that healthcare professionals can explore. Healthcare will continue growing as long as the world exists, and new opportunities for healthcare aspirants will keep rising, even though the best paying jobs in healthcare may change over time!

Write to us at content@emeritus.org

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About the Author

Senior Content Writer, Emeritus Blog
Gauri has found that the upside of being a writer and a scissor-happy copy editor is a rather constant, even paranoid, eye on her own work—and a healthy aversion to complacency. As a professional content creator for over a decade, she has spent time writing (and editing) design, architecture, and lifestyle stories, as well as corporate content, brochures, ads, and websites, among other genres. Her stint with Emeritus has opened an exciting and challenging avenue of education to explore and proves what she already knows—you’re really never done learning.
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