Healthcare Administrator Salary – The job outlook for healthcare administrators is strong. The Federal Bureau of Labor Statistics (BLS) projects nationwide growth in occupations of 22% between 2010 and 2020, above the 14% average for all occupations. As noted by the BLS, more nurses and physicians are required to care for the aging population in the US, so more healthcare administrators are needed to manage the growing medical workforce and facilities.
The median annual wage for healthcare administrators was just over $96,000 in May 2011, according to the BLS for healthcare administrators who maintain general medical and surgical hospitals. averaging over $102,000, the median annual wage is $93,770 for medical office executives. while home health care providers earn an average of $85,860.
Healthcare Administrator Salary
Salary potential and job opportunities are often affected by a number of factors. as well as the academic achievements and professional experience of the applicant. as well as regional market conditions.
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A OR is a general requirement for employment as a healthcare administrator. Courses may include organization and management within the medical field. Accounting and Budgeting strategic planning law and ethics and health economics
A bachelor’s degree in healthcare administration or business administration is a common requirement for employment as a healthcare administrator. Courses may include organization and management within the medical field. Accounting and Budgeting strategic planning law and ethics and health economics
The BLS specifies a set of basic competencies that a healthcare facility administrator should have. including the ability to analyze complex data organize a variety of tasks Lead and motivate staff and communicate clearly with other experts.
Healthcare executives often work their way up through the ranks. This may start as a department head or a BLS administrative assistant, reporting to managing a healthcare facility. Health care administrators may be required to pass a state licensing exam. The average admin salary is $68,603 per year. Start with information published in publicly available sources such as the United States Bureau of Labor Statistics (BLS), the Foreign Worker Credential Center (FLC).
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Health executives earn an average of $68,603 per year, or $32.98 per hour in the United States. Health administrators on the lower end of the spectrum are actually the bottom 10%. make about $42,000 a year, while the top 10% make $111,000. Health Administrators Make the Most of Connecticut New Hampshire, New Jersey, Delaware, and Maine.
If both location and money are important to you You may want to move to Connecticut. New Hampshire and NJ Because these three states offer the highest salaries across the US for health executives. Contrasting the list are the lowest paying states: Texas, Mississippi and Nebraska.
The highest paying companies for healthcare executives are Accenture and Booz Allen Hamilton, based on our most recent salary estimates. In addition, companies such as Intercon Chemical and Signature Healthcare report highly competitive wages for healthcare executives.
Admin salaries can vary depending on the industry. in fact Our data shows that the manufacturing industry health care And construction tends to offer much higher salaries for health administrators. For example, health administrators earn a high median salary of $89.340 while working in the manufacturing industry. Meanwhile, others in the field made $76,975 in the healthcare industry and $74,042 in the construction industry. Healthcare executives may want to avoid working in the hospitality industry as it has the lowest median salary of $69,242.
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Connecticut pays the highest health care workers in the United States. with an average salary of $93,051 per year or $44.74 per hour.
You will know if you are being paid fairly as a health care worker. If your wages are similar to the median wages for the state in which you live, for example, if you live in New Hampshire. You should be paid close to $92, 590 per year.
Medical directors earn the most money. Medical directors earned an average salary of $230,317. The best-paid 10 percent made $295,000, while the lowest-paid 10 percent made $179,000.
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