What is a medical administrator salary?

What is a medical administrator salary?

According to BLS, the average annual salary for a healthcare administrator is $104,280. The highest 10% of healthcare administrators earn over $195,630 per year, and the lowest 10% earn less than $59,980 a year. The location, years of experience, and industry can influence the salary.

Why are hospital administrators paid so much?

Hospitals receive the bulk of health care spending and are more successful when they do more business. Administrators that can keep hospitals financially successful are worth their salaries to the companies that pay them, so they make a lot of money.

What is the average salary for a medical administrator?

As of Mar 21, 2021, the average annual pay for a Medical Practice Administrator in the United States is $82,688 a year. Just in case you need a simple salary calculator, that works out to be approximately $39.75 an hour. This is the equivalent of $1,590/week or $6,891/month.

How much does a health care administrator make?

Healthcare management and administration positions have potential for good salaries and demand for the position is expected grow in the future (see below). As of May 2019, the average annual salary for healthcare managers was $115,160 per year ($54.68 per hour) nationally, according to the Bureau of Labor Statistics (BLS).

What are the best jobs in healthcare administration?

The most popular career choices in the health administration field are medical and health services managers, medical records and health information technicians, medical transcriptionists, healthcare insurance underwriters, and medical secretaries.

What is the salary of Healthcare Administration?

Healthcare administrators manage hospitals, specific departments or clinical areas within the hospital, medical and diagnostic laboratories, private medical practices, and other medical facilities. The medical administration salary median is a little over $84,000 .