They know how to motivate staff and communicate with people from various cultural backgrounds and educational levels. This will ensure we are not compensated in any way. According to PayScale in September 2017, the average salary of a healthcare administrator in the US was $88,000, however the range widely varied, depending largely on the person’s experience, location, and unique duties of the position in the respective organization. Total pay runs between $47,006 and $176,137 as a general rule. Learn more about hospital administrators in this job description, including the salary, responsibilities, duties and outlook in hospital administration. And with more hospitals joining large networks, some administrators are responsible for operations at more than one facility. Salary estimates based on salary survey data collected directly from employers and anonymous employees in New Jersey, United States. Another thing that has a major impact on your earnings is your education level. Expect instruction in: Learn how to promote your organization and improve its reputation among consumers, employees, insurance companies, and other stakeholders. They make up the largest portion of the healthcare administrative workforce. Administrators must take an exam for initial licensure, then maintain proof of active practice or continuing education to keep a license active. Compensating our expert writers fairly and buying hundreds of products to evaluate each month are expensive. ), click the link to the company’s website, and ultimately make a purchase, we sometimes receive a small commission from that company at no additional cost to you. Here are their salary reports: Medical and Health Managers. Hospital administrators with a graduate degree and five years’ experience are eligible for board certification by the American College of Healthcare Executives (ACHE). Most hospital administrators hold degrees in health or business. Their decisions reverberate throughout the workplace and the community at large. Are you working in compensation or HR? We found at least 5 jobs related to the Hospital Administrator job category that pay more per year than a typical Hospital Administrator salary in Kentucky. You must consult your own medical professional. A hospital is a bustling treatment center for patients, and a complex, interdisciplinary workplace for healthcare personnel. Assures compliance with all laws, rules, regulations, policies and procedures. Administrative professionals who are highly cross-trained are the most likely to thrive in this dynamic environment. A master’s degree is the minimum preparation required by the American College of Healthcare Executives (ACHE) and is preferred by many employers. Higher levels of education do not necessarily result in a higher salary, but greater levels of responsibility do. A hospital administrator oversees the operations of a health facility. The fist MBA program was at Harvard University in 1908. If you prefer that we not receive this small commission, we recommend that you go to the company’s website directly (without clicking on our links). Improving the quality of health services is just one of the many responsibilities of a hospital administrator. Hospital Administrators. Salary of a Hospital Administrator. But they can gain valuable experience as department leaders, mid-level managers, and program directors. Administrators’ influence even extends internationally, as their actions and policies affect global healthcare standards. The choice is always 100% up to you. Study laws and regulations affecting healthcare organizations, including privacy, informed consent, and advance directives. Hospital administrators hold at least a four-year bachelor’s degree and many pursue graduate education (such as a master’s or doctorate degree), necessary at larger facilities or for executive positions high on the administrative ladder. The average hospital administrator salary in New York-Manhattan, New York is $439,173 or an equivalent hourly rate of $211. The Bureau of Labor Statistics expects the overall job market for healthcare administrators to grow by about 17 percent until at least 2024. The average pay for a Hospital Administrator is $424,610 a year and $204 an hour in New Jersey, United States. The Steps to Become a Hospital Administrator. Their decisions reverberate throughout the workplace and the community at large. They are also qualified to serve as educators or as consultants for new facilities or healthcare organizations. Starting Salary Range for a Hospital Administrator. Administrators who used to manage one department may now be in charge of several. Many command wages on the higher end of this range, depending on the size of the facility they oversee. Master’s level healthcare administration courses include: Study medical care as a unique commodity, using economic principles to explain provider decisions, patient behavior, and insurance markets. Hospital Administrator Salary. Salary information comes from 4,188 data points collected directly from employees, users, and past and present job advertisements on Indeed in the past 36 months. The national average salary for a Hospital Administrator is $44,285 in United States. Oversight of property management, Employee administration and ... View our most popular salary searches and other resources. ERI’s compensation data are based on salary surveys conducted and researched by ERI. We are not compensated in any way and problem-solve effectively in the risky environment! Or product that matches your needs ( our mission is to provide patient services keep a license active 2–3... 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