SIC Code 8741-01 - Medical Business Administration

Marketing Level - SIC 6-Digit

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Looking for more companies? See SIC 8741 - Management Services - 19,781 companies, 145,852 emails.

SIC Code 8741-01 Description (6-Digit)

Medical Business Administration is a specialized field within the broader category of management services. It involves the management and administration of medical practices, healthcare facilities, and healthcare systems. Professionals in this industry are responsible for ensuring the smooth operation of medical facilities, managing finances, overseeing staff, and ensuring compliance with regulations and laws. Medical Business Administration is a critical component of the healthcare industry, as it ensures that medical facilities are able to provide high-quality care to patients while remaining financially stable.

Parent Code - Official US OSHA

Official 4‑digit SIC codes serve as the parent classification used for government registrations and OSHA documentation. The marketing-level 6‑digit SIC codes extend these official classifications with refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader view of the industry landscape. For further details on the official classification for this industry, please visit the OSHA SIC Code 8741 page

Tools

  • Electronic Health Records (EHR) software
  • Medical billing software
  • Practice management software
  • Patient scheduling software
  • Revenue cycle management software
  • Electronic prescribing software
  • Medical coding software
  • Medical inventory management software
  • Telemedicine software
  • Compliance management software
  • Healthcare analytics software
  • Human resources management software
  • Accounting software
  • Project management software
  • Customer relationship management (CRM) software
  • Electronic signature software
  • Secure messaging software
  • Cloud storage solutions
  • Virtual private network (VPN) software
  • Cybersecurity software

Industry Examples of Medical Business Administration

  • Hospital administration
  • Medical practice management
  • Healthcare system management
  • Ambulatory care center management
  • Longterm care facility management
  • Health insurance company management
  • Medical billing and coding services
  • Healthcare consulting
  • Medical equipment and supplies distribution
  • Healthcare software development