Healthcare management focuses on running the overall operations of a healthcare organization through disciplines like policy, accounting, and facilities management. Healthcare administration handles staffing needs by becoming familiar with medical research and treatments to understand staff demands and utilize personnel effectively. While the roles can be merged in smaller organizations, larger facilities typically require managers to have a healthcare management degree and administrators to specialize in staff management and departmental budgets. The document emphasizes understanding the distinct differences between these fields before choosing a specialization in healthcare management or administration.