What Is the Average Salary of a Health Care Manager?
Health care managers oversee the business aspects of a health care organization to ensure patients receive high quality health care in a timely manner. Read on to find out how the average salary for this career varies based on experience, the size of organization, the employing physician's specialty and the type of organization. Schools offering Health Care Management degrees can also be found in these popular choices.
The U.S. Bureau of Labor Statistics (BLS) reported that the average annual salary for medical and health services managers was $98,460 in May 2012 (www.bls.gov). Median earnings at that time were $88,580. The top 10% of managers made $150,560 or more, while the 10% making the lowest pay earned $53,940 or less.
Salaries Based on Experience
Medical and health services manager salaries can vary with the amount of experience they have, according to PayScale.com. This source reported the following salary ranges based on experience in January 2014:
|Years of Experience||Salary Range|
|Less than a year||$55,000-$67,563|
|More than 20 years||$35,234-$102,129|
Salaries Based on Organization Size
The size of the organization where these managers work also influences their salaries, according to May 2012 BLS figures. Medical and health services managers for organizations with fewer than six physicians had a median salary of $87,862 at that time. Large organizations with more than 26 physicians paid a higher median salary of $148,604.
Salaries Based on Industry
The average salary of a health care manager in private practice can fluctuate based on the type of organization, according to the BLS. According to May 2012 salary figures, those working for general medical and surgical hospitals made an average wage of $104,680, while those working for the offices of physicians made an average wage of $97,330. Managers at nursing care facilities made an average of $82,240, while those working for home healthcare services made an average wage of $88,670.
Salaries Based on Location
According to May 2012 BLS figures, states with the highest average pay for medical and health services managers included New York ($114,550), California ($113,810), Connecticut ($111,680), Rhode Island ($110,930) and New Jersey ($110,340). Some locations with the lowest average pay included North Dakota, Idaho, Indiana, South Carolina and Arkansas, with pay ranging from $64,210-$84,100.
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