How Much Do Hospital Administrators Make
Hospital Administrator Salary
According to CNN, the hospital administrator salary will be among the top 50 from 2008-2018, making the job to be one of the hottest, not only in the United States, but in the world as well, as the hospital administrator’s job responsibilities are to direct, coordinate or plan health services and medicine in hospitals, clinics, public health agencies, managed care organizations or similar organizations. The planning and coordination of the services of the institution lies on the administrator, which also include personnel management and making decisions on day-to-day operations.
Hospital Administrators make approximately $91,300 on average.
Hospital Administrators From These Universities Earn A Better Salary
Kaplan University - B.S in Healthcare Administration, M.S in Healthcare Management & M.P.A in Healthcare Management.
Walden University - B.S in Health Studies - Healthcare Management, Masters in Healthcare Administration & PhD in Health Services - Healthcare Administration.
Capella University - B.S in Healthcare Management, D.H.A in Healthcare Leadership & M.H.A in Healthcare Administration.
Saint Leo University Online - Graduate Certificate in Health Care Management & M.B.A in Health Care Management.
How Much Do Hospital Administrators Make in 2013
In the United States, the hospital administrator salary is about $91,280 at the rate of $43.64 per hour. This makes it to be one of the top 50 highest paying jobs according to CNN, and growth in the demand for the people in this career should be expected until 2018. There are still administrators earning up to $200,000 at the CEO level, while there are some earning less than $60,000 per year.
Hospital Administrator Salary Based On States
The hospital administrator salary differs from one state to another. The states which pay highest are :-
- New Jersey $107,200
- Washington $110,800
- New York $106,960
- Rhode Island $ 107,280
- Massachusetts $108,740
While the metropolitan or city areas which pay very well are Sunnyvale-San Jose-Santa Clara, CA $123,100, Salinas, CA $133,850, Lawrence-Methuen-Salem, MA-NH $122,900, Seattle-Everett-Bellevue, WA $119,940 and Burlington-South Burlington, VT $120,200. However, to work in any of these places, you should be prepared to meet the requirements.
How Much Do Experienced Hospital Administrators Make
The industries also affect the hospital administrator salary today. In addition to being employed in hospitals and nursing homes (skilled nursing facilities), the services of hospital administrators could also be needed in other non-health organizations. They are sometimes needed in international projects like the ones organized by the United Nations, meaning that the salary increases with more responsibilities. Also, if you have a history of the right combination of interpersonal and public relations skills, business acumen and good leadership, you can reach the CEO level within some years, earning up to $200,000 per year.
How To Become A Hospital Administrator
Your education is also very important if you want to be a hospital administrator. The minimum requirement is a bachelor’s degree, though according to the Bureau of Labor Statistics, many positions require a master’s degree. At the same time, earning an MBA in Healthcare Management gives you the confidence for success as a hospital administrator.
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