While either advanced degree can open up opportunities in healthcare management careers, there are some differences. In general, those who hold an MHA tend to work in administrative positions overseeing personnel, or managing service and quality. If you hold an MBA with a concentration, you may have more opportunities in specialized areas of healthcare management; for example, you might work in hospital finance or marketing, depending on your undergraduate degree and experience.
However, in either case, earning an advanced degree does increase your earning power. Some more elite positions pay over six figures, making the investment in your education very worthwhile.
When trying to decide which type of degree to pursue, review job postings and descriptions for the type of jobs that you are interested in, and choose the degree program that best fits the requirements for your career goals. Expect to be challenged and inspired in either program and build the knowledge and skills you need for a long and satisfying career in the healthcare field.