Health Care Administration Programs

The students completing health care administration programs today will become an integral part of the medical workforce of tomorrow. People usually associate healthcare careers with doctors and nurses, but there is much more that goes on behind the scenes in this field. Healthcare administrators work tirelessly to make sure care givers are able to deliver their services to patients as seamlessly as possible. Managing health organizations is important work, and if you choose to pursue a bachelor’s or master’s degree in this field you should have a long career of steady work ahead of you.Healthcare is an excellent choice if you haven’t figured out what your calling is yet, but not everyone is cut out for patient care. Administrative work might be more appropriate for your temperament and skill set. These jobs are in demand because as the population continues to grow, there are more elderly people requiring care than ever, and medical technologies continue to grow more complex as science advances. Half of the fastest growing occupations are in health care right now according to the United States Department of Labor, and many of these are in the administrative side.With a four-year bachelor of science degree in healthcare administration you will be well prepared to enter this field. The coursework will prepare you for the business and clinical aspects of the various administrative jobs in the health care field, and it will include training in leadership, management principles, medical terminology, office procedures and strategic planning. You will also have an opportunity to complete an internship either in your final year of school or directly after graduating to gain relevant experience for employment as an administrative assistant or assistant department head in hospitals and other health care institutions.Healthcare administrators can find work in clinics, community care facilities, doctor’s offices, federal health care facilities, home health care facilities, hospitals, nursing care facilities, rehabilitation centers and residential care facilities. If you pursue one of the health administration programs at a college campus or online university you should be prepared for a long and satisfying career.

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Commercial Loan Modification and Loss Mitigation in Today’s Economy

With the economy perched on the brink of recovery why are we still hearing buzz words like “commercial loss mitigation” and “CRE mods” bouncing around? Why has the FFIEC (Federal Financial Institution Examinations Council) been encouraging it? The answer to both is very simple.The FFIEC is looking at the economy as a symbiotic relationship between creditors (banks), companies, and consumers. All three work together to support the others. Currently many banks have quite a few CRE (commercial real estate) loans that are not looking to healthy after the long recession. The FFIEC simply does not want the banks to panic and start calling in loans at the first sign of recovery. That could spell disaster. The banks end up with once overvalued property and equipment for defaulted loans. With that the plants and mills close pushing down the value further.Instead, what the government wants to see happen is this. Audit the commercial loans and keep as many of the alive through restructuring as possible. This gives companies a chance to rebound and pay off the loans. Market forces will take care of bloated companies and what will be left are more efficient companies. It is the same thing the government has been doing in the residential housing market. The bank does not want your house, they want there money and are willing to work with you in order to get it. A bird in the hand is worth two in the bush. Try to think of it in terms of “Economies of Scale”, For once, businesses are following personal finances rather than the other way around. It is hopeful that this new direction will lead to a more robust economy.With every economic cycle we learn a bit more. There was Reconstruction, the Great Depression, OPEC, the 80′s “spend now, pay later”, the Internet boom. Each of these has taught us more about how our nation’s economy works and the importance of being prudent.

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