Two-thirds of community hospitals are affiliated with a healthcare system. According to the American Hospital Association, there are more than 6,000 hospitals across the U.S., including community hospitals in both urban centers and rural areas.
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Hospital AdministrationĪ hospital may be the first workplace that comes to mind when thinking of opportunities in healthcare administration. An executive administrator overseeing a large hospital or health system with many hospitals and outpatient care centers may earn a higher salary compared to an administrator of a smaller, non-profit community health clinic. Size of healthcare organizations also vary and this can be a factor in salary. The highest levels of employment can typically be found in general medical and surgical hospitals. WorkplaceĪ wide range of healthcare administration job opportunities exist in nearly every healthcare setting-hospitals, physician’s offices, surgical centers, assisted living and skilled nursing facilities, insurance companies, veterans affairs systems, pharmaceutical companies, and medical supply vendors. Additional factors, such as benefits, profit sharing, retirement, and bonuses, can also impact total compensation. Employers need skilled professionals with specialized knowledge to successfully navigate the often complex world of healthcare.īecause healthcare is a diverse field that spans a variety of workplace settings, a healthcare administration salary depends on several factors, including the workplace, size of the organization, job title, region, education level, and experience. Healthcare administrators play a vital role in their healthcare organization, which may be a large hospital system, private clinic, nursing home or assisted living facility, ensuring it is operating effectively and profitably. While changes in healthcare systems paired with increased demand for medical services are reasons for employment growth, technological advances in information governance and regulatory shifts in health law and policy are also factors driving growth. Bureau of Labor Statistics (BLS), the median healthcare administrator salary is $104,280 per year and employment of medical and health services managers is projected to grow 32 percent from 2019 to 2029, much faster than the average for all occupations.