Executive Careers in Health Administration
Tomorrow’s health care leaders must be prepared to address such immediate concerns as:
How to control costs as baby boomers become senior citizens and medical technology continues to advance
How health care dollars can be properly allocated across generations
How to better measure the quality of assessments and treatments
How we can better ensure that all U.S. residents have access to the health care they need
As the systems that govern care evolve, career opportunities that can help improve it continue to expand. The field needs transformation-minded leaders — in hospitals, health plans, medical practices, health-related enterprises and community health organizations — who have the ability to shape the future of service and patient outcomes in a highly competitive, market-driven environment.
Comparative Employment Growth in Health Administration
20% growth projected in employment of health administrators from 2016 to 2026 — much greater than the average growth for all occupations.
As the health care industry faces an aging baby boomer population and people continue to remain active later in life, the growth in demand for medical products and services will continue. An increase in physicians, patients, procedures and facilities will escalate the professional opportunities for health care administrators. Services previously provided in hospitals will shift to offices of health practitioners. Increases in medical information and staff will create a greater need for qualified managers. Demands for nursing care facility administrators will likely increase in relation to older generations. Additionally, demands in medical group practice management are expected to grow as these organizations become larger and more complex. This changing health care environment will also continue to offer executive-level careers for experienced health care professionals looking to make a more global impact in the way care is managed and delivered.
Employment Levels in Health Administration by State
Employment levels for administration roles illustrate the important roles these leaders continue to fill in health care facilities across the United States. Individual states and areas with the highest employment numbers in the field include California (34,510), Texas (30,010), New York (25,830), Pennsylvania (16,410) and Massachusetts (15,380).
Annual Mean Wage in Health Administration by State
As administrators apply their knowledge to shaping the future of care, they are competitively compensated for addressing the changes that accompany a growing field. In 2018, the median annual pay for medical and health services managers was $99,730, according to the BLS.
Individual states and areas with the highest annual median wages include Connecticut, Delaware, Massachusetts, New York and District of Columbia, with annual mean wages from $129,480 to $145,760 respectively.
Annual Mean Wage by Specific Industry within Health Administration
The field of health administration is home to a range of opportunities for experienced leaders to substantially improve the health and well-being of individuals and communities.
Potential areas of employment with the highest annual median wages include nursing and residential care facilities, physician offices, outpatient care centers, hospitals and government, with annual mean wages from $84,260 to $110,460.