Bureau of Labor Statistics Career Forecast
The Bureau of Labor Statistics (BLS) predicts that the healthcare industry as a whole will see a significant increase in demand for medical services, especially as the baby boomer population ages, average life span increases, and people remain active later in life. Employment for health care workers, and in elder care management, will see faster-than-average growth. Medical and health service managers are a professional group that works with older patients and specialize in elder care. The BLS defines medical and health services managers, also called health care executives or health care administrators, as health care professionals who plan, direct, and coordinate medical and health services. These workers may manage an entire facility, a medical practice for a group of physicians, or specialize in a specific clinical area or department. The BLS lists three occupations similar to medical and health care managers: human resource managers, insurance underwriters, and social and community service managers.
An extensive 2005 survey from the BLS, “Occupational Composition of the Elder Care Industries,” concludes that the elder care industry has recently experienced phenomenal growth—and is expected to continue to do so. Home health employment, the fastest-growing sector, was predicted to increase by nearly 70 percent between 2004 and 2014.
Washington, D.C. is the center of power in the United States, and Georgetown University is well located and well connected. Students may be placed for capstone/internship experience in the Washington, DC area that is a national and international hub for regulatory, policy, advocacy, and industry interests in healthcare. Further, students in this program will have the opportunity to attend FDA hearings, Congressional hearings, NIH meetings, national organizational meetings, and other governmental and non-governmental event