Fortune Magazine published an article regarding salary expectations of MBA graduates entering their first job in 2007. Modern Healthcare. Healthcare Management Certificate Healthcare occupations are projected to be among the fastest growing occupational groups between now and 2026. Read about the curriculum for these bachelor's degree programs, job duties for graduates and the potential salary. Healthcare administration may be a rewarding field for those interested in operations and finance in the medical and public health industry. According to the US Bureau of Labor Statistics, the annual median pay of Medical & Health Service Managers was $99,730 in 2018. For both the healthcare administration and healthcare management degree, the type of job you choose will have a major impact on salary level. Regulatory changes, technological advances, and the growth of hospital mergers have all played a part in the meteoric growth of health administrator careers and the salaries that accompany them. Healthcare management and administration positions have potential for good salaries and demand for the position is expected grow in the future (see below). As it ages, it will need healthcare Regulatory changes, technological advances, and the growth of hospital mergers have all played a part in the meteoric growth of health administrator careers and the salaries that accompany them. While ZipRecruiter is seeing annual salaries as high as $104,782 and as low as $22,453, the majority of salaries within the Healthcare Administration jobs category currently range between $29,001 (25th percentile) to $39,292 (75th percentile) in Tucson, AZ. While ZipRecruiter is seeing annual salaries as high as $104,782 and as low as $22,453, the majority of salaries within the Healthcare Administration jobs category currently range between $29,001 (25th percentile) to $39,292 (75th percentile) in Tucson, AZ. Areas of specialization in this career include hospital administration, pharmaceuticals, healthcare operations, healthcare consulting, and healthcare informatics. On average, medical information technicians earn an annual salary of $48,590 (BLS, 2017). Healthcare Management MBA Salary Increase It is well understood generally that people who earn a master’s degree earn more money over their career. Executive Master’s in Health Administration: Who Is It Right For? You can expect an average salary of $65,000 in this role. A: Your search often lands on Bachelor of Health Care Administration program while searching for top Healthcare … Bachelor's in Health Care Administration: Career and Salary Facts A health care administration program covers business basics along with hospital policies and ethics. The U.S. Bureau of Labor Statistics provides a full breakdown of salaries for healthcare administrators by state, as of 2018: Salary and employment data compiled by the United States Department of Labor’s Bureau of Labor Statistics in May of 2018. Below are the most recent healthcare administration salary reports. * Healthcare Administrator Salary and Career Outlook As with any profession, salaries for health service managers and similar occupations vary due to factors like experience, level of education, and location. On average, medical information technicians earn an annual salary of $48,590 ( BLS , 2017). Hospital Executive Compensation Report. in Healthcare Administration and M.S. Find your market worth with a report tailored to you, Degrees in the same industry as Certificate (Cert), Health Care Administration, ranked by salary, Bachelor of Science (BS / BSc), Health Care, Master of Public Health (MPH), Health Promotion, Bachelor of Science (BS / BSc), Rehabilitation Studies, Certificate (Cert), Psychiatric Mental Health Nursing, Bachelor of Science (BS / BSc), Environmental Health Science, Bachelor of Science (BS / BSc), Pre-Occupational Therapy, Bachelor of Business Administration (BBA), Health Systems Management, Master of Arts (MA), Community Counseling, Master of Education (MEd), Athletic Training, Master of Science (MS), Rehabilitation Counseling, Master of Professional Studies (MPS), Art Therapy, Bachelor of Science in Nursing (BSN), Nutrition & Dietetics, Associate of Arts and Sciences (AAS), Radiologic Technology, Bachelor of Business Administration (BBA), Environmental Health & Safety, Certificate (Cert), Therapeutic Recreation, Master of Science (MS), Environmental Technology. Overall, from state to state, health administrators’ salaries range from $75,160 to about $143,710. One or more professional designations can go a long way toward establishing yourself as a leader in the healthcare administration field and earning a salary to match. This applies to all individuals within healthcare administration or management. Salary estimates are based on 3,513 salaries submitted anonymously to Glassdoor by Healthcare Administrator employees. This job comes with a huge discrepancy between the top and bottom earners in the industry; the top ten percent of CEOs and health administration earn as much as $176,130, while the bottom ten percent bring in just $58,350 per year. Certified Professional in Healthcare Management (CPHM) - Salary - Get a free salary comparison based on job title, skills, experience and education. The job outlook for healthcare administration will grow much faster than other occupations with an 18 percent growth rate from 2018 to 2028 in the United States, according to the Bureau of Labor Statistics.. 2018-19: Top Online Bachelor’s Degrees in Healthcare Administration, 2018-19: Top Master’s Degree Programs in Healthcare Administration, 2018-19: 11 Best Online Healthcare Administration Master’s Programs, 2018-19: Top 35 Most Affordable Healthcare Administration Master’s Degree Programs, Master of Business Administration (MBA)-Healthcare Administration Emphasis, Master of Public Health (MPH)-Health Administration Emphasis, Master of Public Administration (MPA)-Healthcare Administration Emphasis, James Doyle, MS in Healthcare Administration and Management, From Entry-Level Administrator to Owner-Manager in 10 Years, Unlocking Upward Mobility with a Master’s Degree, President and CEO: Base Pay: $1.4 million, Total Compensation: $2 million, Chief operating officer: Base Pay: $880,000, Total Compensation: $1.15 million, Chief financial officer: Base Pay: $728,000, Total Compensation: $902,000, Chief medical officer: Base Pay: $683,000, Total Compensation: $874,000, President and CEO: Base Pay: $954,000, Total Compensation: $1.2 million, Chief operating officer: Base Pay: $609,000, Total Compensation: $701,000, Chief financial officer: Base Pay: $554,000, Total Compensation: $660,000, Chief medical officer: Base Pay: $500,000, Total Compensation: $578,000, President and CEO: Base Pay: $728,000, Total Compensation: $809,000, Chief operating officer: Base Pay: $465,000, Total Compensation: $496,000, Chief financial officer: Base Pay: $424,000, Total Compensation: $476,000, Chief medical officer: Base Pay: $437,000, Total Compensation: $486,000, President and CEO, stand-alone hospital: Base Pay: $800,000, Total Compensation: $927,000, President and CEO, system-owned hospital: Base Pay: $459,000, Total Compensation: $592,000, Chief financial officer, system-owned hospital: Base Pay: $438,000, Total Compensation: $503,000, Chief medical officer, system-owned hospital: Base Pay: $366,000, Total Compensation: $432,000, Chief operating officer, system-owned hospital: Base Pay: $280,000, Total Compensation: $334,000, President and CEO, stand-alone hospital: Base Pay: $494,000, Total Compensation: $533,000, President and CEO, system-owned hospital: Base Pay: $316,000, Total Compensation: $373,000, Chief financial officer, system-owned hospital: Base Pay: $324,000, Total Compensation: $368,000, Chief medical officer, system-owned hospital: Base Pay: $207,000, Total Compensation: $231,000, Chief operating officer, system-owned hospital: Base Pay: $197,000, Total Compensation: $226,000, Foundation or fund development: Base Pay: $250,000, Total Compensation: $277,000, Human resources: Base Pay: $215,000, Total Compensation: $248,000, Operations: Base Pay: $205,000, Total Compensation: $236,000, Business development: Base Pay: $210,000, Total Compensation: $247,000, Professional services: Base Pay: $207,000, Total Compensation: $243,000, Pharmaceutical and medicine manufacturing: $221,290, Navigational, measuring, electromedical, and control instruments manufacturing: $176,740, Scientific research and development services: $166,960, Wholesale electronic markets and agents and brokers: $160,690. Smaller scale practice managers earn typically earn an average salary of $79,000 per year. Healthcare Administration will allow learners to navigate and advance within a variety of healthcare settings. Earn a healthcare administration degree and become possible Program length: complete in as few as 16 months Transfer up to 16 open healthcare credit electives; 45 total approved credits 100% online classes you can take right BLS salary data represents state and MSA (Metropolitan Statistical Area) average and median earnings for the occupations listed and includes workers at all levels of education and experience. Research Category salaries by job level, experience, and education. Masters in healthcare administration is one of the best advance degrees you can have for the career. Modern Healthcare. Continue this thread Thinking of earning a degree in healthcare management? Which alumni earn the most after graduation? 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