Introduction to Private Healthcare

If you are interested in being involved in the forefront of medical innovation or are interested in solving complex healthcare problems, private healthcare is a great career option that allows for many diverse exit opportunities in healthcare management, biotech, pharmacology, and other healthcare-related fields.

Types of Private Sector Healthcare Careers

Biotech

Using cells and cell material to research and develop pharmaceutical or diagnostic products that can help treat, diagnose, or prevent human disease. Often requires a graduate degree (Ph.D. or MD)

Pharmacology

Studying how a drug affects a biological system and how the body responds to a certain drug. Often requires a graduate degree (Ph.D. or MD)

Health Insurance

Working in the health insurance marketplace selling insurance to people

Healthcare Consulting

Consulting health insurance companies or healthcare providers to help solve problems they may be facing.

Health-related investment banking

Facilitating deals between pharma and biotech companies as well as health insurance providers.

Economics or Innovation?

When choosing to go into private healthcare, you have very distinct career possibilities depending on your STEM (or non STEM) and research background.

Non-STEM Background

There are plenty of exit opportunities in private healthcare available for people who do not want to directly work on medical advancing technology. Some of these careers include:

Health Care Management Consulting
Healthcare Investment Banking
Healthcare Policy Consulting
Health Insurance Management
Finance oriented roles at bio and pharma tech companies

STEM Background

If you have a STEM background including a Ph.D. or MD as well as some research experience and would like to work on medically advancing tech, you could find a career in: