Careers & Salaries – Healthcare Administration vs. Healthcare Management – 
The U.S. Bureau of Labor Statistics estimates that the number of jobs for medical and health services managers will grow by 32% for the next 10 years. Both a master’s degree in healthcare management and a master’s degree in healthcare administration can help you earn a steady paycheck from this growing line of work.
| Careers | Annual Median Salary |
| Chief Executive Officers (CEOs) | $185,950 |
| Chief Financial Officers in Healthcare | $160,950 |
| Advertising and Promotions Managers | $133,460 |
| General and Operations Managers | $103,650 |
| Outpatient Care Managers | $100,690 |
| Administrative Services Managers in Healthcare | $87,920 |
The average salary for a graduate student with a traditional or online healthcare management degree ranges from $69,000 to $133,000 per year. Editorial Listing ShortCode: For a professional with a Master’s in Healthcare Administration, the average salaries per the Bureau of Labor Statistics are as follows:
| Careers | Annual Median Salary |
| Chief Executives | $185,950 |
| Compensation and Benefits Managers | $125,130 |
| Training and Development Managers | $115,640 |
| Medical and Health Services Managers | $104,280 |
| Recruiting Managers in Healthcare | $101,990 |
| Nursing Home Administrators | $89,880 |
On average, the annual healthcare administration salary ranges between $62,000 and $128,000. Healthcare management jobs most often deal with providing overall supervision and direction for a facility. People with this degree often work at the top level of management in hospitals or other healthcare organizations.
Their jobs may entail running business operations and casting vision for future growth and development. If your goal is to take a top spot in a medical system, then a management degree may be the best educational path for you. With enough education and experience, you might eventually become a CEO, a vice president, an executive director, or a chief operating officer.
Along the way, you might hold titles like practice administrator, healthcare manager, or financial analyst. 
Healthcare administration jobs are often more people-focused. This degree can help you develop the know-how to assemble strong teams, provide staff supervision, encourage quality care giving, and coordinate departmental activities. Common roles for healthcare administration professionals include working as a practice administrator, a program manager, or an operations supervisor.
- These roles are often held at the departmental level.
- You might specialize in payroll, recruiting, marketing, quality management, or community outreach.
- Of course, there is plenty of overlap in the jobs you can do with these two degrees.
- Even if you opt for an MHA over an MBA in Healthcare Management online, you may end up as a CEO someday.
Both your classroom education and the experience you gain during your time in healthcare settings can help you prepare for that role. Both online healthcare degrees offer a variety of settings where you could find employment. These include hospitals, group practices, nursing homes, surgery centers, correctional facilities, and public health departments.
What is the highest salary for healthcare management?
What is the highest salary for a Healthcare Manager in India? Highest salary that a Healthcare Manager can earn is ₹16.7 Lakhs per year (₹1.4L per month).
What is the salary of MBA in healthcare management in the UK?
Scope of MBA Healthcare Management UK MBA in healthcare management salaries in the UK usually hover around £90,000-£100,000 with experience (approximately INR 90 lakh to INR 1 crore).
What career in healthcare pays the most?
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- It’s a win-win if your healthcare career can enrich your patients’ lives and your own.
- Anesthesiologists earn the highest salary of all jobs in the medical field.
- Nurse anesthetists earn the most out of all nurses.
- High-paying positions usually require a medical doctor degree and a residency.
Many people who choose to work in healthcare do it so they can make a meaningful difference in people’s lives. But if you can enrich your life at the same time, isn’t that a win-win? That’s why looking for high-paying medical jobs makes sense: Research from Penn in 2021 found that high earners are more likely to be happy.
Is healthcare management in demand in USA?
Similar Occupations About this section – This table shows a list of occupations with job duties that are similar to those of medical and health services managers.
| Occupation | Job Duties | ENTRY-LEVEL EDUCATION | 2021 MEDIAN PAY | |
|---|---|---|---|---|
| Administrative Services and Facilities Managers | Administrative services and facilities managers plan, direct, and coordinate activities that help an organization run efficiently. | Bachelor’s degree | $99,290 | |
| Computer and Information Systems Managers | Computer and information systems managers plan, coordinate, and direct computer-related activities in an organization. | Bachelor’s degree | $159,010 | |
| Financial Managers | Financial managers create financial reports, direct investment activities, and develop plans for the long-term financial goals of their organization. | Bachelor’s degree | $131,710 | |
| Health Information Technologists and Medical Registrars | Health information technologists and medical registrars advise organizations on computerized healthcare systems and analyze clinical data. | Associate’s degree | $55,560 | |
| Human Resources Managers | Human resources managers plan, coordinate, and direct the administrative functions of an organization. | Bachelor’s degree | $126,230 | |
| Medical Records Specialists | Medical records specialists compile, process, and maintain patient files. | Postsecondary nondegree award | $46,660 | |
| Purchasing Managers, Buyers, and Purchasing Agents | Buyers and purchasing agents buy products and services for organizations. Purchasing managers oversee the work of buyers and purchasing agents. | Bachelor’s degree | $75,410 | |
| Registered Nurses | Registered nurses (RNs) provide and coordinate patient care and educate patients and the public about various health conditions. | Bachelor’s degree | $77,600 | |
| Social and Community Service Managers | Social and community service managers coordinate and supervise programs and organizations that support public well-being. | Bachelor’s degree | $74,000 | |
| Top Executives | Top executives plan strategies and policies to ensure that an organization meets its goals. | Bachelor’s degree | $98,980 |
What is the top salary for a hospital administrator?
Hospital Administrator Salary in Los Angeles, CA
| Percentile | Salary | Last Updated |
|---|---|---|
| 50th Percentile Hospital Administrator Salary | $292,478 | March 28, 2023 |
| 75th Percentile Hospital Administrator Salary | $360,665 | March 28, 2023 |
| 90th Percentile Hospital Administrator Salary | $422,747 | March 28, 2023 |
What is the highest salary of administrator?
Highest salary that a Admin can earn is ₹6.1 Lakhs per year (₹50.8k per month). How does Admin Salary in India change with experience? An Entry Level Admin with less than three years of experience earns an average salary of ₹2.4 Lakhs per year.
Is healthcare management in high demand in UK?
Healthcare management is in high demand in the UK’s private and public healthcare institutions, centres, consulting firms, insurance companies, hospitals, and so on.
What is the best salary for MBA in healthcare management?
Hospital CEO – Hospital CEOs oversee the overall operations of a healthcare facility. They work with other C-suite executives to develop short- and long-term functional strategies that optimize patient care, encourage a productive work culture, optimize financial efficiency and foster positive relationships with members of the medical community.
Hospital CEOs must have concrete healthcare knowledge, along with core competencies such as leadership, management, interpersonal and organizational skills. Those in the role can work in a wide range of healthcare environments, from hospitals to specialized care facilities. The BLS classifies hospital CEOs as top executives, who had a 2021 median annual salary of $98,980.
According to Payscale, the average Healthcare MBA salary of a healthcare CEO was around $166,835 as of June 2022, with a range of $93,000 to $300,000.
What is the best salary for MBA in healthcare management?
Hospital CEO – Hospital CEOs oversee the overall operations of a healthcare facility. They work with other C-suite executives to develop short- and long-term functional strategies that optimize patient care, encourage a productive work culture, optimize financial efficiency and foster positive relationships with members of the medical community.
- Hospital CEOs must have concrete healthcare knowledge, along with core competencies such as leadership, management, interpersonal and organizational skills.
- Those in the role can work in a wide range of healthcare environments, from hospitals to specialized care facilities.
- The BLS classifies hospital CEOs as top executives, who had a 2021 median annual salary of $98,980.
According to Payscale, the average Healthcare MBA salary of a healthcare CEO was around $166,835 as of June 2022, with a range of $93,000 to $300,000.
What is the salary after healthcare management in USA?
Where do healthcare managers make the most money? – On average, medical and health services managers who work in hospitals and government organizations make more than their peers in outpatient centers, physicians’ offices, and residential facilities.
What is the highest position in hospital administration?
What Are the Responsibilities for a Hospital Administration and What Degree Should I Pursue? The Chief Executive Officer (CEO) is the highest-level management position in a hospital or hospital system. Hospital CEO’s must possess the qualifications and skills to manage and direct the complexities of a modern patient care facility.