Healthcare Administration Salary
Working in healthcare administration is all about management. After all, for healthcare to work properly and needs good management to run smoothly. Healthcare administrators plan, coordinate, organize, supervise and generally make the wheels of the health care system run.
Without healthcare administrators the whole system would grind to a halt. Generally speaking healthcare administrators can be in charge of specific clinical departments or can direct entire facilities or systems. The job description can really cover a wide range.
Depending on the size of the system or facility the health administrators in charge and they may also have several assistant healthcare administrators to help them in the day-to-day running of things. The larger the facility or system, the more assistance needed.
There are many specialties within the healthcare administration category. For example, clinical managers are people who have training or experience in a specific clinical area and have more focused responsibilities than “generalist” health administrators.
Working as a health administrator is not for the faint of heart as it requires complex organizational skills and often working in high stress environments. However, some managers who work in private offices can find work and lower stress and more relaxing environments.
Healthcare administrators are often in charge of facilities that use equipment that are worth millions of dollars and in charge of the management of hundreds of employees. Therefore they must feel to make clear and effective decisions and be able to handle complicated interpersonal relationships involving many employees. They should be able to lead effectively yet be able to delegate tasks without causing friction. Communication skills are an essential skill needed to become an healthcare administrator.
Healthcare administration workers are also sometimes known as medical and health services managers, healthcare executives or health administrators.
Healthcare Administration Salary
Health administrators salaries and wages depend on the type of officer system they work in. Generally speaking the larger the system and the more physicians within that system, the higher the salary for that healthcare administrator becomes.
To give you an example, here is some info taken from the US Bureau of Labor Statistics:
median salaries for administrators were $82,423 in practices with 6 or fewer physicians; $105,710 in practices with 7 to 25 physicians; and $119,000 in practices with 26 or more physicians.
Education Needed – Healthcare Administration
Generally speaking, a Masters degree in one of a number of fields is needed to become a healthcare administrator in a large hospital or similar environment. Although, a Masters degree can sometimes land you an entry-level position in certain smaller facilities departments. In addition, you can find some situations where on-site training is acceptable in place of formal education. These are usually found at small private physicians offices.
Healthcare Administration Job Growth Outlook
Job outlook for healthcare administration is looking at faster than average growth.
Employment growth is expected to occur at 16% between 2008 and 2018, very solid. (Source: U.S. Bureau of Labor Statistics)
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