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care is a worthy profession. One can also view the health care industry as an advantage with regards to advancement in their career. For starters, the industry will always be in need of finance managers to tackle issues like accounting, budget, insurance claims, health benefit claim, etc. Jobs will always await those who are qualified. Another thing is that it seems that amidst erratic economic instability, the health care services is and will always be among the most stable industry out there. With the increasing number of older people, and the advancement of technologies that help improve healthy living, more and more people will need health care services in the future. Stable as it is, though, the health care industry is not without its set of problems. However, moving into health care is still a good move if you know what youÆre getting yourself into. Not to scare you or anything, but advancing your financial career towards health care is not something that you should underestimate. If you think that your background on corporate finance management is enough to help you move easily about in the world of health services, then youÆre wrong. The first step when moving your career to the health sector is that you need to be prepared. Even though one would argue that accounting is simply accounting wherever you go, there are certain concepts and ideas in the health care industry which can be confusing. Mathematics and numbers can be considered as the universal language but applying those numbers and the kind of mathematics into a comprehensible and usable system requires knowledge and skills that can be highly specific to a field of study. Health care is one of that area. In advancing your finance career in health services, it would be wise to stack up on knowledge on HMO, home health care, managed care for patients, PPOs, and similar medical terms, concepts and the like. Studying these health related issues and concepts will keep you on your toes and will help you make sound decisions. You need to prepare yourself to battle head-on various government imposed regulations on health services, lots of house or hospital rules and not to mention existing regulations being

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