11 Highest Paying Healthcare Administration Jobs (2023)

FAQs

Where do healthcare administrators get paid the most? ›

Professionals who work in health administration have titles like medical practice manager, nursing home administrator, and hospital CEO. Salaries over $90,000 are the norm for healthcare administrators with just a few years of experience. Top earners in healthcare administration can make a lot more.

Hospital Administrator salary in India ranges between ₹ 0.3 Lakhs to ₹ 14.1 Lakhs with an average annual salary of ₹ 4.0 Lakhs.

Anesthesiologists and surgeons earn the highest income among doctors. According to Payscale August 2022 data, anesthesiologists earn an average of $307,740, and surgeons earn an average of $287,500 as of July 2022 data.

Is an MHA degree Worth the Money? Yes, as the average annual salary is around $80,000 with a Master of Health Administration (Center on Education and the Workforce). Some professionals in this field make well over $100,000 each year.

One of the roles of the healthcare administrator is executive problem-solver. Most staff will rely on you to make challenging decisions. Unfortunately, some of these choices may be weighty and affect critical situations like lives or finances. For many healthcare administrators, this will cause significant job stress.

The captioned query asks if you need to be good in math to be proficient in healthcare management. Because all degree levels incorporate math into the curriculum, the answer is – yes, you need to do well in math. Math encompasses algebra, economics, financial accounting, statistics, and more.

MHA Salaries by Department

Average annual salary in MHA is INR 9.4 lakhs .

How much do admins get paid? ›

The average office administrator salary in South Africa is R 180 000 per year or R 92.31 per hour. Entry-level positions start at R 144 000 per year, while most experienced workers make up to R 324 500 per year.

One of the main differences between an administrative assistant and an executive assistant is their support level. An executive assistant supports a high-level professional such as a CEO or C-suite executive. Alternatively, administrative assistants help the office as a whole.

California has the highest administrative assistant salary of $43,597. Arkansas has the lowest administrative assistant salary of $26,677. The national average salary for administrative assistants is $34,945. The national hourly pay for administrative assistants is $16.8.

The Bureau of Labor Statistics estimates that medical and health services manager jobs will grow by 32% between 2020 and 2030. That's four times faster than 8%, the average rate for all professions, and equates to around 139,600 new jobs for healthcare administrators.

What are the top 3 challenges facing hospital administrators? ›

Leadership and Management Expertise

Healthcare administrators must have the capabilities to build trust with subordinates and motivate them to give their patients the best care they are able to. They must be able to empower and inspire their employees to excel at their jobs.

Interestingly enough, the average age of hospital administrators is 40+ years old, which represents 73% of the population.

Other job titles for healthcare administrators include: Clinical supervisor. Health services manager. Healthcare manager.

The Master of Healthcare Administration (MHA) degree, which is STEM-designated, was developed to meet the needs of evolving healthcare systems around the world through flexible, student-choice instruction.

You'll be involved in work that positively impacts individual lives and industry challenges. As a health administrator, you may not always be hands-on with patients, but you will be helping to support or lead the individuals who are. As such, your work makes a real difference in improving patient outcomes.

Although it's true that healthcare administration is not as difficult as STEM and medical majors, it can prove to be one of the most challenging. That's because undergraduate students have to build knowledge and skills in two different fields at the same time: healthcare provision and business administration.

MBA in Healthcare Management: Average Annual Salary. According to PayScale.com, the average difference between MHA vs MBA salary is just over $5,000 per year, with the MHA degree holders earning around $76,000 every year.

MBA has a much wider scope of work and graduates can explore multiple sectors. MHA is a much more specialised course and provides you with better skills and tools to operate in a hospital environment. Generally, speaking MBA is an expensive course. Most MBA colleges have high course fee and other expenses.

Can I be CEO with a MHA? ›

Academic credentials: A master's degree is a must for any aspiring hospital CEO. Some of the most common master's degrees held by hospital chief executives include the Master of Healthcare Administration (MHA), Master of Business Administration (MBA), and Master of Medical Management (MMM).

How much does a $20 An Hour make? As of Mar 4, 2023, the average annual pay for a $20 An Hour in the United States is $40,760 a year.

Hours Worked

Full time Office Administrators work an average of 38.1 hours a week compared to all jobs average of 40 hours.

The average Administrative Assistant in the US makes $33,222. The average bonus for an Administrative Assistant is $864 which represents 3% of their salary, with 87% of people reporting that they receive a bonus each year.

While administrative assistants provide invaluable services to their coworkers and executives, it can sometimes seem like they get the short end of the stick. Demanding coworkers, time-sensitive requests, frequent interruptions, unrealistic expectations from managers, and large workloads are par for the course.

Office Manager.

Considering this, a career move to Office Manager can be a logical next step on your career path. As an office manager, you'd be responsible for overseeing administrative staff and coordinating office procedures, budgets, and records.

Average salaries for medical administrative assistants vary from a high of $45,820 in Washington State to a low of $29,650 in Louisiana.

While the two jobs are similar in nature, administrative assistants tend to have more responsibility than receptionists. Therefore, they typically earn more and can be required to have completed a higher level of formal education.

What is the highest administrative position in a hospital? ›

The Chief Executive Officer (CEO) is the highest-level management position in a hospital or hospital system. Hospital CEO's must possess the qualifications and skills to manage and direct the complexities of a modern patient care facility.

Washington is the state where the highest-paid medical administrative assistants are employed.

How much does a Medical Office Administrator make in Minneapolis, MN? The average Medical Office Administrator salary in Minneapolis, MN is $60,731 as of January 26, 2023, but the salary range typically falls between $54,168 and $69,147.

The Bureau of Labor Statistics estimates that medical and health services manager jobs will grow by 32% between 2020 and 2030. That's four times faster than 8%, the average rate for all professions, and equates to around 139,600 new jobs for healthcare administrators.

Intensive Care Unit (ICU) nurses

ICU is an extremely high-pressure environment and these nurses work with patients who have significant injuries and disease with added morbidity risks. Unstable patients require lifesaving interventions and once stabilized, are transferred to a different unit.

A hospital CEO is responsible for the operations of the entire hospital or hospital chain. This person is the final decision-maker on all aspects of operations, strategy, policy and finance. All C-suite executives report to the CEO. Chief Administrative Officer.

It's a role full of personal interactions

Working with people—whether they're patients, physicians or other healthcare professionals—always comes with some potential for stress.

Being a medical administrative assistant is a challenging job that comes with unique challenges. Preparing for these problems in advance will help you thrive in this path and advance your career in healthcare.

At times, they're enlisted as project managers in roles that require advanced organization and planning skills. And while. The Bureau of Labor Statistics projects -10.0% employment growth for administrative assistants between 2021 and 2031. In that period, an estimated 207,600 jobs will be lost.

What is the difference between medical office administration and medical office assistant? ›

It may seem as if this job description is identical to the one for MOAs, but the differentiating factor between the two positions is that MOAs are trained, specifically, to work in medical facilities, while administrative assistants are trained to work in any general office-based setting.

A recent paper in the journal Social Science and Medicine shows an interesting association when it comes to the management of hospitals. According to its findings, there is a strong association between having a physician manage a hospital and the hospitals ranking.

A medical office administrator is responsible for the day-to-day operations of a practice. This includes managing patient files, billing and insurance, scheduling appointments, and handling communications with doctors and patients. The job role can vary depending on the size and type of medical office.

According to the U.S. Bureau of Labor Statistics, job opportunities for healthcare administrators are projected to skyrocket over the next decade. Between 2019 and 2029, the field is expected to grow 32%, adding 133,200 new healthcare administration jobs in the U.S.