Apply to Customer Service Representative, Credentialing Specialist, Patient Services Representative and more! Administrative Medical Staff Secretary. A master's degree in healthcare administration (MHA) is mostly a blessing with a bit of a curse tossed in. Health Administration Careers. Salary is dependent on location, experience, credentials held, and other factors. Often a master's degree is preferred by an employer. It's a blessing in that you'll be able to explore management-oriented careers in a wide range of healthcare-related organizations and settings once you've finished your program. Jobs A fast-growing field, the average annual salary for a professional with a masters in health care administration is $98,350. The state’s Department of Economic Opportunity estimates a 25.6 percent increase in jobs for healthcare administrators in the state between 2016 and 2026, slightly above the national average. According to a 2015 CNN Money survey, Best Jobs in America, the hospital administrator ranked fifth, with a median salary of $114,000 and a top pay of $207,000. Hospital administrators are the behind-the-scenes pros who ensure that hospitals and other healthcare facilities operate as efficiently as possible. A master of health administration, or MHA is a graduate degree that focuses on such topics as the management of hospitals and other medical organizations, and also the general infrastructure of public health. One of the leading benefits to complete one of the health administration masters programs is to receive the masters in healthcare administration salary. Many graduates pursue management and leadership positions in hospitals, clinics, outpatient care centers, and public health facilities. A Master of Business Administration (MBA) is geared to those individuals who want to concentrate on the management of community health services, such as health education or outreach and graduates of MBA programs may work in general surgical … According to our 100% employer reported salary sources the median salary for a Entry Level Hospital Administrator with a Master's Degree or MBA is $53,152 - $57,680.Please try our salary wizard to explore how other factors like location, Years of experience and … The median pay for medical and health service managers is a solid $84,000 as of 2010. We offer information about your career options in this field as well as what degree programs are available to best prepare you for the job you seek. This is faster than average when compared with other occupations. It appears that the baby boom population is getting older, and is also staying more active for longer periods than earlier retirees. The hospital administration course aims at training individuals to look at the healthcare system with a wider perspective, rather than narrowing down on one facility or specialization. The Top 8 Highest-Paying Master’s Degrees Master of Business Administration (MBA) A master’s degree in business administration takes the coveted first spot on the list of the top eight highest-paying master’s degrees, primarily due to the broad array of concentrations and high-paying careers that recipients of this degree go on to pursue. While obtaining a Master’s Degree for a hospital administration role isn’t required, it is recommended to allow for additional upward mobility in a hospital administration career path. Career seekers can obtain bachelor’s or master’s degrees in healthcare administration, as well as, earn the Registered Health Information Administrator Certification to increase their chances of securing a hospital administrator position. With the right combination, you could be one of the higher paid hospital administrators who make over $160,000 per year. Hospital administrators – identified by the BLS as medical and health services managers working in hospital settings – earned a median salary of $110,430 as of May 2019. The Starting Salary of a Master's in Healthcare Administration ; RN Vs. BSN ; A hospital administrator works to ensure that hospitals deliver quality healthcare to patients in an efficient and proper manner. Professor or Researcher. With a degree in either healthcare management, healthcare administration, or public health, graduates can pursue a variety of career paths including hospital administration. Salaries … According to the US Department of Labor, healthcare administrators collectively have a average salary of $109,370, with a range of about $56,970 to $172,240 or more (the latter two being the median salaries of the bottom and top 10% of earners, respectively). © 2020, MHADegree.org, All Rights Reserved. Students can earn a 2- to 3-year master's degree in hospital administration to pursue a career in healthcare management and administration. Job. The average salaries for some of the most common healthcare administration jobs are: Medical Transcriptionist earns $35,250 per year, which comes out to $16.95 per hour. The average salary for a Hospital Administrator is $87,084. These professionals may either run an entire facility, or a single department depending on how large the hospital or clinic they work within may be. The facility they oversee leadership and management theories within progressive health care Administrator system organization management... 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