What Is the Average Salary of a Health Care Manager?
Health care managers oversee the business aspects of a health care organization to ensure patients receive high quality health care in a timely manner. Read on to find out how the average salary for this career varies based on experience, the size of organization, the employing physician's specialty and the type of organization. Schools offering Clinical Research Administration degrees can also be found in these popular choices.
The U.S. Bureau of Labor Statistics (BLS) reported that the average annual salary for medical and health services managers was $103,680 in May 2014 (www.bls.gov). Median earnings at that time were $92,810. The top 10% of managers made $161,150 or more, while the 10% making the lowest pay earned $55,890 or less.
Important Facts About Health Care Managers
|Required Education||Bachelor's degree|
|Professional Certification||Not required; provided by the Professional Association of Health Care Office Management and the American College of Health Care Administrators|
|Key Skills||Excellent written and spoken communication, problem solving, detail oriented, interpersonal, analytical thinking, technical ability|
|Similar Occupations||Human resources managers, insurance underwriters, social and community service managers|
Salaries Based on Experience
Medical and health services manager salaries can vary with the amount of experience they have, according to PayScale.com. This source reported the following median salaries based on experience in September 2015:
|Years of Experience||Median Salary|
|More than 20 years||$72,000|
Salaries Based on Organization Size
The size of the organization where these managers work also influences their salaries, according to May 2012 BLS figures. Medical and health services managers for organizations with fewer than six physicians had a median salary of $87,862 at that time. Large organizations with more than 26 physicians paid a higher median salary of $148,604.
Salaries Based on Industry
The average salary of a health care manager in private practice can fluctuate based on the type of organization, according to the BLS. According to May 2014 salary figures, those working for general medical and surgical hospitals made an average wage of $110,840, while those working for the offices of physicians made an average wage of $102,990. Managers at nursing care facilities made an average of $85,730, while those working for home healthcare services made an average wage of $93,290.
Salaries Based on Location
According to May 2014 BLS figures, states with the highest average pay for medical and health services managers included the District of Columbia ($131,160), California ($122,410), New York ($121,930), Connecticut ($117,680) and New Jersey ($115,370). Some locations with the lowest average pay included North Dakota, Idaho, Indiana, Oklahoma and Arkansas, with pay ranging from $62,910-$89,010.
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