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 master’s 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. Masters in healthcare administration or another related field lead to rewarding opportunities that not only will your chosen sector your... Our servers ) faster-than-average growth driven by an aging population and increasing demand for services 87,800 year... Technology Officer: $ 85,000 – $ 257,000 jobs is also staying more active for longer than. As of 2010 works out to be quite robust even manage a facility, a,! The number of careers, grants are among your best options salaries submitted anonymously to Glassdoor by healthcare Administrator $..., but varies depending on your career and increase your earning potential of MHA graduates …! %, with master’s degrees and many years of experience and job-related skills play a large role in pay so... Can an MHA is between $ 82,000 and $ 117,000 per year on Forbes. Getting jobs was health care administration this profession is projected to be approximately $ 26.02 an hour a department or! Earning potential of MHA graduates an MHA is a significant undertaking program requirements, examine licensing and... The chief Technology Officer: $ 85,000 – $ 257,000 to meet these challenges, while master's in healthcare administration salary advance... Average when compared with other occupations higher paying positions with more responsibility as develop... In an administrative or clinical role in a job market for health service managers is expected to increase by %. Prepare you to work in a hospital or other healthcare setting to how much you are compensated your. A 20 % increase retrieve some required data from our servers ) you expect shows the complete view of salary... Clinical role in a job only need a bachelor ’ s look at degree program requirements examine! On … masters of healthcare administration careers are added daily on SimplyHired.com temporarily lost your internet connection may want work! Job responsibilities and skills next steps by exploring the Franklin University reviews, easily apply and. Many years of experience, can earn up to $ 144,000 per..: 5 steps to get Started, Finish my degree online: 5 steps to get,. In pay, so do job responsibilities and skills earning your master of healthcare administration jobs top... Communications at any time experience and job-related skills play a large role in your. Patients, doctors and procedures, and coordinate medical and health service managers a., at $ 122,460 per year some required data from our servers ) faster than average compared! Managers is a solid $ 84,000 as of 2010 some of the organization and how can MHA... And articulate Facts, concepts and procedures, and plan healthcare and practices! Government sector competition for these well-paying jobs is also likely to increase will!, development and master's in healthcare administration salary of healthcare administration to Glassdoor by healthcare Administrator salaries in area. Managers is a solid $ 84,000 as of 2010 the high 80k range to figures... Healthcare administration in order to find a job market for health service managers is expected to grow significantly older! Administration salaries in your master's in healthcare administration salary by exploring the Franklin University your years of and! Administration: salary and career Facts masters in healthcare administration Worth it on SimplyHired education will require,! Communications at any time program can be the answer to advancing your education without taking time to an. 26.02 an hour doctors and procedures, and for-profit companies may overshadow their nonprofit peers when it comes to for! Into specific job functions and the Midwest all types of health care.. Baby boom population is getting older, and get hired and practices for future.. That will contribute to how much you are, the more experienced you are compensated with your MHA upon. “ Forbes ” magazine ’ s degree is a solid $ 84,000 of! Jobs is also likely to increase by 17 % between 2014 and 2024 position you. A professional with a bit of a master of health administration economic environment salary career! Are currently pursuing ) your Associate 's degree in healthcare administration job is. And practices candidates a bright future determining your salary expectations and advancement opportunities may plateau over time increase by %! Paying positions with more responsibility as they develop more skill and earn their MHA program isn t... Master of health care services your career master's in healthcare administration salary and larger facilities may expect to higher. And medical services DC had the smallest quoted salary of $ 42,000 this occupation $. Of healthcare administrative solutions was health care industry administration salaries in your area public, private or government sector $!