As a health economist, you analyze the economic aspects of the healthcare system. Your goal is to find efficient and cost-effective solutions for healthcare facilities. You will deal with topics such as healthcare policy, financial management and the evaluation of healthcare systems.
A health economist in Germany can expect an average gross salary of approximately €59,796 per year, equating to a monthly salary of €4,983. This salary can vary depending on the institution and region. In Cologne, the expected salary ranges between €43,900 and €61,900 per year.
The salary range in health management at the start of the career lies between €2,300 and €3,300 gross per month, which equates to an annual salary of €27,600 to €39,600. Later in their career, the salary can vary depending on the institution and position. Health economists can earn an average of about €50,000 – €60,000 gross per year, while hospital managers can expect an annual income of about €85,000 up to €290,000.
Further education and specialization can further increase a health economist's salary. Continuing education that imparts skills in team and operational management can be beneficial in attaining leadership positions and consequently a significantly higher salary.
To work as a health economist, you usually need a university degree in health economics or a related field such as business administration or public health. Internships in the healthcare industry are also an advantage.
Health economists have a wide range of career opportunities. They can work in hospitals, health insurance companies, health authorities or in the pharmaceutical industry. There is also the possibility of working in research or teaching.
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