What Is the Average Salary for a Medical Administrator?
Medical administrators oversee administrative departments at hospitals or private medical offices. As a medical administrator, you'll be responsible for performing many of the managerial duties required to run a medical center. Read on to learn about the average salary you can expect in this field. Schools offering Health Care Administration degrees can also be found in these popular choices.
If you work as a medical administrator, also more commonly known as a healthcare administrator, you'll manage the daily activities of a medical facility. Your administrative duties could include overseeing office staff members, as well as managing patient records. At larger facilities, such as hospitals or outpatient clinics, you might work with assistant administrators who specialize in certain departments like surgery and billing. At smaller facilities, including physicians' offices, you might be asked to perform all of the managerial tasks, as well as some clerical duties like patient admissions.
Important Facts About Medical Administrators
|Required Education||Bachelor's degree|
|Professional Certification||Not required, but provided by the Professional Association of Health Care Office Management and the American College of Health Care Administrators|
|Work Environment||Hospitals, ambulatory health care services, nursing and residential health facilities, government agencies|
|Similar Occupations||Human resource managers, insurance underwriters, social and community service managers|
According to the U.S. Bureau of Labor Statistics (BLS), the average annual salary for all healthcare administrators as of May 2014 was $103,680 (www.bls.gov). The 10 percent with the highest pay made $161,150 a year or more, while the 10 percent with the lowest pay made $55,890 a year or less. However, the specific salary you earn as an administrator can often depend on the type of facility you work at, your location and your years of work experience.
Salary According to Employer
General medical and surgical hospitals employed the greatest number of healthcare administrators and paid workers an average salary of $110,840 in year in May 2014, reported the BLS. Administrators also found high levels of employment at physicians' offices and nursing care facilities. Those who worked at physicians' offices earned an average salary of $102,990 per year, while those employed at nursing care facilities made a lower average wage of $85,730 annually.
According to the BLS, the highest pay was found in the pharmaceutical and medical manufacturing industry, which had an average wage of $158,290 in May 2014. Navigational, measuring, electromedical, and control instruments manufacturing ranked second in pay and paid an average wage of $154,550.
Salary According to Location
The average salary you earn as a medical administrator can often depend on where you live. For example, the BLS reported that healthcare administrators who worked in the San Jose-Sunnyvale-Santa Clara, CA, metropolitan region earned average salaries of $157,510 annually as of May 2014. However, those working in Baltimore-Towson, MD, which was a city that employed one of the highest concentrations of these professionals per thousand employees, earned an average salary of only $107,230 per year.
The states that paid healthcare administrators the highest salaries in May 2014 were the District of Columbia, California, New York, Connecticut and New Jersey, which all offered workers average yearly wages that were over $115,000. The states that paid the lowest salaries at that time had average wages of $62,910-$89,010. Some of these included Montana, West Virginia, Kansas, North Dakota, Iowa, Oklahoma and Indiana.
Salary According to Experience
According to September 2015 salary data from PayScale.com, healthcare administrators made $29,615-$88,155 if they had 0-5 years of experience. Salaries rose to $38,165-$108,011 with 5-10 years of experience, $41,253-$120,266 with 10-20 years of experience and $54,960-$149,283 with at least 20 years of experience.
Over the 2014-2024 decade, the BLS expects a very fast 17% growth rate for medical and health services managers, especially in the offices of health practitioners, nursing care facilities and medical group practices. This growth is partly due to the need of medical care for the aging baby-boom population.
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