Master's in Marketing Salary: What Pay Can You Expect? 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. Nationally, the future for this profession is projected to be quite robust. Registered nurses (RNs) and those with a bachelor’s degree in nursing can pursue master of science in nursing (MSN) degree to receive advanced training, more employment opportunities, and higher pay in the field. These professionals plan, direct, and coordinate medical and health care services. A master's degree in healthcare administration can usually be completed within two years with full-time study, and there are multiple programs that accept any undergraduate background so long as basic accounting, statistics, economics, and/or algebra courses have been successfully taken. According to the Bureau of Labor Statistics, the growth for medical and health services managers will increase by 20% by 2026. Job Outlook: The job market for health service managers is expected to increase by 17 % between 2014 and 2024. Apply to Data Analyst, Fellow, Faculty and more! The national average salary for a Healthcare Administrator is $64,493 in United States. Completing a Masters degree in healthcare administration or another related field lead to further upward movement. Just in case you need a simple salary calculator, that works out to be approximately $26.02 an hour. An MHA will prepare you for advanced roles in healthcare administration, including consultant, hospital or health services organization leader or as a change agent in public health.In a typical MHA program you’ll learn to: 1. Salaries for healthcare administrators with up to four years of experience average $61,182 per year and can increase to an average of $110,942 with 20+ years on the job. If you work at a smaller company, such as a private practice or smaller foundation, you can expect to make around $60,000 per year in healthcare administration. Whether you have a healthcare management or healthcare administration degree, having a bachelor’s or master’s degree will make a difference in the salary you earn. The Medical Group Management Association found in 2010 the follow breakdown of compensation in the field: To work as a health administrator, you will need to have earned your masterâs degree in health administration. 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. Many people with an advanced degree in health administration work in medical and health service management. As the field grows, the competition for these well-paying jobs is also likely to increase. On the other hand, healthcare administrators with a master's degree in health administration or health services can earn more than $80,000 per year, according to Payscale.com. Therefore, earning your Master of Healthcare Administration (MHA) is only one piece of the puzzle when it comes to understanding salary expectations. This is causing a major increase in the numbers of patients, doctors and procedures, and also the number of health care facilities. Healthcare administration degrees are issued starting at the two-year associate’s level. What are the average salary ranges for jobs in the Healthcare - Administrative?There are 901 jobs in Healthcare - Administrative category. The Starting Salary of a Master's in Healthcare Administration. Coming in at No. Healthcare administrator is an umbrella term for a vast number of careers. While many people are motivated by the high earning potential of a career in healthcare administration, there’s no simple answer for how much you can expect to make. The average healthcare administrator salary is $98,350 per year, according to the Bureau of Labor Statistics. Entry-level healthcare administrator jobs earn an average of $56,000 per year; gaining skills such as effective budget and operations management can put you on the higher end of the pay scale 2. Master of Health Administration (MHA) - Salary - Get a free salary comparison based on job title, skills, experience and education. The top 10%, with master’s degrees and many years of experience, can earn up to $144,000 per year. Health services manager: In this position, you will help direct, coordinate, and plan healthcare and … If you’re interested in roles outside of these examples, you can research specific data for the jobs you want to pursue. The average Health Services Administrator salary in Louisiana is $74,937 as of October 28, 2020, but the range typically falls between $66,649 and $83,407. Here are some of the other factors that will contribute to how much you can make with an MHA degree. Is a Master's in Healthcare Administration Worth It? in Healthcare Administration, and M.S. The median pay for medical and health service managers is a solid $84,000 as of 2010. These examples just begin to show the differences in earning potential based on job function. As you begin to look at different MHA graduate programs, you should look for a curriculum that is focused towards the needs of a future health care manager and leader, with strong focus on content in policy, finance, research, technology, economics, strategic planning and economics. Completing a Masters degree in healthcare administration or another related field lead to further upward movement. 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