10 Highest Paying Healthcare Administration Jobs and Careers for 2025
Healthcare is one of the most profitable industries in the United States (US). In May 2023, physicians had the highest median hourly wage among all documented occupations across the country, with $113.46 [US Bureau of Labor Statistics (BLS), 2024]. Notably, healthcare administration and management positions also provide professionals with high earning potential.
However, it is important to note that not all healthcare administration jobs are created equal. While these roles typically pay well, some may yield higher annual salaries than the other.
To help guide you compare the income potential of the different healthcare administration roles in different sectors and states, I created this in-depth guide.
Key Points About High-Paying Healthcare Administration Jobs
- High-paying healthcare administration jobs include medical and health services manager, hospital chief executive officer (CEO), healthcare chief information officer (CIO), hospital chief financial officer (CFO), and chief nursing officer (CNO).
- Healthcare chief information officers (CIO) in the US had an average annual salary of $159,468 in 2024 (ZipRecruiter, 2024).
- High-paying healthcare administration jobs often require advanced education, such as a master’s degree in healthcare administration (MHA), business administration (MBA), or public health (MPH). These roles demand strong leadership, strategic planning, and communication skills. Success in these positions involves staying updated on healthcare regulations, technological advancements, and industry trends while demonstrating the ability to improve operational efficiency and patient care outcomes.
List of the Highest Paying Healthcare Administration Jobs for 2025
Healthcare administration offers diverse career paths, with many roles providing lucrative salaries. From executive positions, such as CEOs, to specialized roles in informatics and quality improvement, these high-paying jobs reward advanced education, leadership, and expertise. Their high salaries reflect their critical impact on healthcare organizations and patient outcomes.
1. Medical and Health Services Manager
Medical and health services managers, also known as healthcare administrators, oversee the operations of healthcare facilities or specific departments. They manage budgets, ensure regulatory compliance, and supervise staff. These professionals analyze and improve operational efficiency, implement policies, and maintain quality patient care standards. Their work often involves coordinating with healthcare providers, technology teams, and other stakeholders to adapt to changes in healthcare laws and advancements in medical technology. Medical and health services manager is also considered one of the highest paying jobs with a human services degree.
Medical and Health Services Manager Median Annual Wage: $110,680 (US BLS, 2024)
2. Hospital Chief Executive Officer (CEO)
The hospital CEO is the highest-ranking executive, responsible for the overall direction and strategy of the facility. They ensure financial stability, operational efficiency, and high-quality patient care. CEOs oversee department leaders, establish budgets, and align hospital practices with regulatory standards and community needs. They also foster relationships with stakeholders, including board members, donors, and the public.
Select Specialty Hospital CEO Average Annual Salary: $157,740 (Zippia, 2024)
3. Healthcare Chief Information Officer (CIO)
The healthcare CIO manages a facility’s information technology systems, focusing on the secure and efficient use of digital tools to support patient care and organizational goals. They oversee the development, implementation, and maintenance of electronic health records (EHRs), data security, and IT infrastructure. CIOs work closely with clinical teams to ensure technology meets care delivery needs and regulatory compliance. Their role demands expertise in IT systems, strategic planning, and the ability to bridge the gap between technology and healthcare.
Healthcare CIO Average Annual Salary: $159,468 (ZipRecruiter, 2024)
4. Hospital Chief Financial Officer (CFO)
The Hospital CFO leads financial planning, budgeting, and management efforts to ensure the financial stability of the healthcare institution. They analyze financial data, develop strategies to optimize resources, and oversee billing, payroll, and investment decisions. CFOs ensure compliance with healthcare regulations and financial reporting standards. Their role is integral to balancing cost control with high-quality care delivery and requires skills in financial analysis, leadership, and strategic decision-making.
Hospital CFO Average Annual Salary: $123,586 (ZipRecruiter, 2024)
5. Chief Nursing Officer (CNO)
CNOs are responsible for leading nursing services in a healthcare organization. They oversee staffing, training, and compliance with healthcare regulations. CNOs develop policies to ensure high-quality patient care and act as a bridge between the nursing staff and executive leadership. They also play a key role in addressing challenges, such as nurse retention and implementing innovative care delivery practices.
CNO Average Annual Salary: $155,833 (ZipRecruiter, 2024)
6. Clinical Informatics Manager
Clinical informatics managers oversee the integration of technology into clinical workflows, ensuring that healthcare providers can use data effectively. They manage the implementation and optimization of electronic health records (EHRs) and other digital tools. They also improve patient care delivery and operational efficiency. These professionals train staff, troubleshoot issues, and ensure compliance with data security regulations.
Clinical Informatics Manager Average Annual Salary: $117,168 (Glassdoor, 2024)
7. Ambulatory Care Director
Ambulatory care directors manage the operations of outpatient facilities, ensuring efficient services and high patient satisfaction. They oversee scheduling, staffing, and compliance with healthcare standards and regulations. Their role involves developing strategies to improve operational workflows, managing budgets, and ensuring that patient care aligns with organizational goals.
Ambulatory Services Manager Average Annual Salary: $155,016 (Salary.com, 2024)
8. Nursing Home Administrator
Nursing home administrators oversee the daily operations of long-term care facilities, ensuring compliance with healthcare regulations and delivering high-quality resident care. They manage staff, handle budgets, and coordinate with healthcare providers to meet the needs of residents. Administrators also uphold transparency and adherence to standards as they interact with families and regulatory agencies.
Nursing Home Administrator Average Annual Salary: $121,986 (ZipRecruiter, 2024)
9. Database Administrator
Database administrators in healthcare manage and maintain secure, efficient databases that store sensitive patient and organizational data. They ensure that databases are accessible to authorized users while protecting against breaches. Responsibilities include data backup, recovery, and optimizing database performance. Database Administrators collaborate with IT and clinical teams to support data-driven decision-making and compliance with privacy regulations.
Database Administrator Average Annual Salary: $102,260 (ZipRecruiter, 2024)
10. Healthcare Quality Improvement Manager
Healthcare quality improvement managers lead efforts to enhance patient care, safety, and organizational efficiency. They analyze performance metrics, identify areas for improvement, and implement strategies to achieve quality goals. These managers ensure compliance with accreditation standards and work with clinical and administrative teams to foster a culture of continuous improvement.
Quality Improvement Manager Average Annual Salary: $95,659 (Glassdoor, 2024)
Table of Contents
- What skills are most in-demand for healthcare administrators?
- Are there certifications or programs that can help healthcare administrators advance their careers?
- How do healthcare administrator salaries compare to the salaries of professionals in related fields?
- What are the highest-paying states for healthcare administrators?
- Are rural or urban areas better for healthcare administration jobs?
- Which industries employ the most healthcare administrators?
- Which healthcare sectors offer the highest salaries for administrators?
- How does being a healthcare administrator compare to a hospital CEO?
- What emerging trends are shaping the future of healthcare administration?
- Can an accelerated healthcare administration degree online fast-track your career advancement?
- Can pursuing a doctorate amplify leadership in healthcare administration?
- Is the ROI of advanced healthcare degrees worth the investment?
- What challenges do healthcare administrators face in today's dynamic healthcare environment?
- How can healthcare administrators benefit from cross-functional clinical training?
- Is pursuing an affordable online degree in health information management a sound investment?
- Can short-term clinical training programs enhance administrative effectiveness?
- Is an accelerated online health information management degree beneficial for career growth?
- What are the best professional organizations for healthcare administrators?
- Can a one-year MHA program boost your healthcare administration career?
- Can healthcare administrators transition to other high-paying industries?
- Other Things You Should Know about Healthcare Administration Jobs
What skills are most in-demand for healthcare administrators?
Healthcare administrators must possess a diverse skill set to navigate the complexities of the industry. The following are three in-demand skills essential for success:
- Leadership and Strategic Planning: Effective healthcare administrators must inspire teams, manage resources, and set organizational goals. Strategic planning ensures that facilities adapt to evolving healthcare demands and regulations while maintaining operational efficiency.
- Financial Management: Proficiency in budgeting, cost analysis, and financial reporting is crucial for managing resources in a cost-effective manner. Healthcare administrators must balance fiscal responsibility with delivering quality patient care.
- Health Information Technology (HIT) Expertise: Familiarity with electronic health records (EHRs) and data analytics is essential for optimizing workflows, ensuring compliance, and improving patient outcomes. As healthcare becomes more tech-driven, administrators must understand HIT systems and their applications.
Are there certifications or programs that can help healthcare administrators advance their careers?
Earning certifications can enhance the credentials of healthcare administrators. Certifications demonstrate expertise and commitment to professional growth. The following are three certifications that may be valuable for healthcare administration professionals in the US, including the 562,700 medical and health services managers as of 2023 (US BLS, 2024):
- Fellow of the American College of Healthcare Executives® (FACHE): Offered by the American College of Healthcare Executives (ACHE), the FACHE credential recognizes professionals with exceptional leadership and management skills in healthcare. It emphasizes strategic planning, financial acumen, and ethical decision-making.
- Certified Professional in Healthcare Information and Management Systems (CPHIMS®): The CPHIMS credential is provided by the Healthcare Information and Management Systems Society, Inc. (HIMSS) and is ideal for administrators focusing on health IT. It validates expertise in implementing and managing health information systems, crucial in today’s tech-driven healthcare environment.
- Fellow in the American College of Medical Practice Executives (FACMPE): The FACMPE credential is offered by the Medical Group Management Association (MGMA) and demonstrates mastery in medical practice management, including operations, finance, and compliance. It is particularly valuable for administrators in outpatient or private practice settings.

How do healthcare administrator salaries compare to the salaries of professionals in related fields?
Healthcare administrators generally earn competitive salaries compared to professionals in related fields, reflecting their critical role in managing complex healthcare systems. In 2024, hospital CEOs in the US had an average annual salary of $157,740 (Zippia, 2024), while healthcare CIOs had an average annual salary of $159,468 (ZipRecruiter, 2024). Moreover, medical and health services managers had a median annual wage of $110,680 in 2023 (US BLS, 2024).
Understandably, entry-level and mid-level roles may earn considerably less than several healthcare administration jobs. For instance, medical records specialists in the US had a median annual wage of $48,780 in 2023, while registered nurses (RNs) had $86,070 (US BLS, 2024). Graduates of regular or accelerated radiology tech programs earn a median annual wage of $75,250. Nursing professionals who aim to specialize, improve their employability, and increase their income may explore the cheapest nurse practitioner programs.
In contrast, physicians and surgeons had a much higher median annual wage in 2023, with $239,200 (US BLS, 2024).
Notably, healthcare administrators have decent income potential due to their multidisciplinary expertise and leadership responsibilities. Your earnings may also increase as you advance your training. Professionals seeking to further their education in healthcare administration may want to explore different MBA healthcare management online degrees.
The chart below provides a visualization of the median annual salaries of professions in healthcare in the US, according to 2024 data from the US BLS.
What are the highest-paying states for healthcare administrators?
Healthcare administrator salaries vary widely across states, influenced by cost of living, demand, and regional healthcare systems. The following are the highest-paying states for medical and health services managers in the US in 2023 based on annual mean wages (US BLS, 2024):
- New York: $179,160
- District of Columbia: $170,710
- Delaware: $164,190
- New Jersey: $162,430
- Massachusetts: $158,540
Moreover, the following are the highest-paying states for medical records specialists in the US in 2023 based on annual mean wages (US BLS, 2024):
- District of Columbia: $70,900
- Washington: $64,250
- California: $64,070
- Connecticut: $63,250
- Maryland: $62,930
States with thriving healthcare hubs often provide higher wages. However, these regions also usually have higher living costs, so professionals must consider this among other important factors.
Are rural or urban areas better for healthcare administration jobs?
Both rural and urban areas offer unique opportunities for healthcare administrators in the US. Urban areas may provide higher salaries, more diverse job opportunities, and access to large healthcare systems. Professionals in cities often manage advanced facilities and larger teams. However, the competition can be intense, and living costs are higher.
In contrast, rural areas may offer fewer positions but often come with broader responsibilities. This allows healthcare administrators to gain versatile experience. These roles can be deeply rewarding, as rural facilities frequently serve underserved communities. While salaries may be lower, the cost of living is usually more affordable. Rural areas are also in need of heath care service providers, including nurse practitioners. Individuals who are interested in becoming advanced practice registered nurses (APRNs) may want to consider the cheapest psychiatric nurse practitioner programs.
Ultimately, the choice between rural and urban settings depends on individual career goals, lifestyle preferences, and the desire for specialized or comprehensive administrative experience.
Which industries employ the most healthcare administrators?
Healthcare administrators are in demand across various industries. The following are five key sectors employing the most number of medical and health services managers in the US in 2023 (US BLS, 2024):
- General Medical and Surgical Hospitals: Hospitals, both private and public, employ the largest share of healthcare administrators. These professionals oversee departments, manage budgets, ensure regulatory compliance, and lead strategic initiatives in dynamic, fast-paced environments. In 2023, 147,250 medical and health services managers were employed in general medical and surgical hospitals across the US.
- Offices of Physicians: Healthcare administrators in physicians’ offices manage the day-to-day operations of medical practices, including staffing, patient scheduling, billing, and compliance with healthcare regulations. They ensure that the practice runs efficiently, allowing physicians to focus on patient care. This setting offers opportunities to work in a variety of specialties, from family medicine to dermatology, often in a collaborative and dynamic environment. In 2023, 68,370 medical and health services managers were employed in physicians’ offices across the US. Another career path to consider in this specific work setting is becoming a physician assistant. Check out physician assistant school requirements if this career option is something you are interested in.
- Outpatient Care Centers: Administrators in outpatient settings manage operations, scheduling, and patient flow. This sector has grown rapidly due to the rise in preventive care and minimally invasive procedures, offering significant opportunities. In 2023, 38,150 medical and health services managers were employed in outpatient care centers across the US.
- Nursing Care Facilities: Long-term care facilities require administrators to manage staffing, compliance, and resident care. With an aging population, this industry continues to expand, creating stable career paths. In 2023, 28,100 medical and health services managers worked in nursing care facilities in the US. The best online nutrition certification programs would benefit healthcare administrators who are in nursing care facilities.
- Home Health Care Services: In home health care services, healthcare administrators oversee operations for organizations providing in-home medical care and support. They manage staff scheduling, regulatory compliance, and budgeting to ensure patients receive high-quality care in their homes. This sector has grown significantly due to an aging population and demand for personalized care. In 2023, 25,750 medical and health services managers were employed in home health care services in the US.

Which healthcare sectors offer the highest salaries for administrators?
Certain healthcare sectors provide significantly higher salaries for administrators, reflecting their complexity and demand for specialized expertise. The following are the five top-paying industries for medical and health services managers across the US in 2023 (US BLS, 2024):
- Wholesale Trade Agents and Brokers: Healthcare administrators in wholesale trade manage the distribution of medical equipment and supplies, ensuring compliance and efficiency. This sector offers high salaries due to the complexity of supply chain management and the need for specialized knowledge in healthcare logistics. Medical and health services managers working for wholesale trade agents and brokers had an annual mean wage of $254,660 in 2023.
- Merchant Wholesalers, Nondurable Goods: This sector involves overseeing the distribution of essential medical products, such as pharmaceuticals. Administrators here earn competitive salaries by ensuring operational efficiency and regulatory adherence in a fast-paced environment. Medical and health services managers working for merchant wholesalers had an annual mean wage of $233,160 in 2023 (US BLS, 2024).
- Pharmaceutical and Medicine Manufacturing: Administrators in pharmaceutical manufacturing manage operations, compliance, and product development processes. The sector’s high earning potential reflects its critical role in healthcare innovation and stringent regulatory requirements. Medical and health services managers working in pharmaceutical and medicine manufacturing had an annual mean wage of $231,070 in 2023 (US BLS, 2024).
- Scientific Research and Development Services: Administrators in research and development oversee projects and ensure funding compliance. High salaries in this sector stem from the technical expertise and strategic planning required for groundbreaking healthcare advancements. Medical and health services managers working in scientific research and development services had an annual mean wage of $228,170 in 2023 (US BLS, 2024).
- Navigational, Measuring, Electromedical, and Control Instruments Manufacturing: This sector involves managing the production of sophisticated medical devices. Healthcare administrators earn top salaries here, reflecting the demand for precise operational management and compliance in a technology-driven industry. Medical and health services managers working in navigational, measuring, electromedical, and control instruments manufacturing had an annual mean wage of $218,900 in 2023 (US BLS, 2024).
How does being a healthcare administrator compare to a hospital CEO?
While both healthcare administrators and hospital CEOs are leaders in healthcare organizations, their roles differ significantly in scope and responsibility. Healthcare administrators usually manage specific departments or operational areas, such as finance, IT, or patient services. Their focus is on optimizing workflows, ensuring regulatory compliance, and meeting departmental goals.
In contrast, hospital CEOs oversee the entire organization, setting strategic direction, managing budgets, and ensuring high-quality care across all departments. CEOs are responsible for liaising with stakeholders, including board members and the community, and addressing broader challenges, such as financial sustainability and policy shifts.
While healthcare administrators may specialize, CEOs require a comprehensive understanding of all aspects of healthcare operations, making their role more strategic and high-stakes. Moreover, hospital CEOs across the US had an average annual salary of $157,740 in 2024 (Zippia, 2024), while medical and health services managers had a median annual wage of $110,680 in 2023 (US BLS, 2024).
Notably, healthcare professionals aiming to land either role may benefit from advanced education and training, such as MBA degrees or the cheapest MPH programs in USA.

What emerging trends are shaping the future of healthcare administration?
Emerging trends in healthcare administration are driven by advances in digital technology, data analytics, and regulatory changes. Administrators are increasingly expected to implement AI-enhanced decision-making, manage cybersecurity risks, and optimize the use of interoperable IT systems. The rise of telemedicine and value-based care models is reshaping operational strategies, while data-driven insights guide process improvements and patient-centered care initiatives. Professionals equipped with business acumen and specialized training often transition to roles such as MBA jobs in healthcare, where innovation meets strategic oversight. Staying current with these trends is essential for maintaining a competitive edge and driving sustainable growth in healthcare organizations.
Can an accelerated healthcare administration degree online fast-track your career advancement?
Accelerated programs are designed to compress rigorous coursework and hands-on learning into a shorter timeframe, enabling professionals to quickly adapt to evolving industry demands. Such programs streamline core concepts while integrating practical experiences that prepare graduates for immediate leadership roles. Candidates can expect intensive study schedules that emphasize real-world applications and strategic decision-making, bridging the gap between academic preparation and industry readiness. Interested individuals can compare program features and outcomes by exploring accelerated healthcare administration degree online.
Can pursuing a doctorate amplify leadership in healthcare administration?
Healthcare administration roles demand continuous evolution in strategic insight and complex problem-solving abilities. Earning a doctorate equips seasoned professionals with advanced research skills, comprehensive policy analysis, and refined leadership methodologies that are critical in addressing multifaceted challenges. This academic achievement not only enhances decision-making capabilities but also broadens career opportunities in high-stakes management and consultancy. Administrators looking to expand their academic horizons and gain cross-disciplinary expertise may find value in exploring alternative pathways, such as the benefits of pharmacy school online.
Is the ROI of advanced healthcare degrees worth the investment?
Advanced degrees can directly influence career progression, compensation, and leadership opportunities in healthcare administration. Evaluating ROI involves a detailed analysis of tuition costs, potential salary premiums, and accelerated career trajectories. For example, interdisciplinary programs that merge administrative expertise with clinical insights—such as offered by online PharmD programs—can provide a competitive edge. Quantitative assessments through comparative salary trends and qualitative reviews from industry leaders support a strategic investment in advanced education, ensuring that the financial and time commitments translate into long-term professional gains.
What challenges do healthcare administrators face in today's dynamic healthcare environment?
Healthcare administrators must navigate a multifaceted landscape characterized by increasing regulatory complexities, rapid technological advancements, and evolving cybersecurity threats. Daily challenges include ensuring strict compliance with changing healthcare laws and standards while managing operational costs and budgets effectively. Administrators also confront difficulties in retaining skilled talent amid competitive labor markets and integrating emerging digital systems without disrupting established workflows. Additionally, the precision of medical data is critical; for instance, maintaining accuracy in coding and billing processes is essential for both revenue cycle management and patient safety. Professionals may benefit from enhancing their knowledge through accredited medical coding programs to support efficient data management and operational excellence.
How can healthcare administrators benefit from cross-functional clinical training?
Strengthening leadership effectiveness can be achieved by integrating clinical insights with administrative expertise. Healthcare administrators who pursue cross-functional training gain a nuanced understanding of frontline processes and patient care, which enhances decision-making and operational improvements. This approach encourages collaboration between administrative teams and clinical staff, ultimately boosting quality and efficiency. For instance, acquiring core clinical competencies through programs such as the best online medical assistant programs can provide administrators with valuable perspectives that support strategic planning and foster a more synchronized healthcare environment.
Is pursuing an affordable online degree in health information management a sound investment?
The expanding digital landscape has transformed healthcare education by offering flexible, cost-effective options that align with evolving industry needs. Professionals can enhance their technical expertise and administrative credentials by comparing accredited programs that emphasize current healthcare trends and technological integration. Evaluating factors such as curriculum relevance, faculty credentials, and career support services can ensure that the chosen program effectively complements leadership roles. For an example of a financially accessible pathway, review the health information management associate degree online to assess its potential impact on long-term career growth.
Can short-term clinical training programs enhance administrative effectiveness?
Healthcare administrators can strengthen strategic decision-making by integrating concise, clinically focused training with their core management skills. Accelerated clinical programs provide a practical perspective on patient care workflows, enabling leaders to better align administrative strategies with frontline practices. For example, exposure to hands-on experiences through 6 week medical assistant programs offers insight into day-to-day operational challenges, fostering improved communication between clinical and administrative teams and ultimately driving greater organizational efficiency.
Is an accelerated online health information management degree beneficial for career growth?
Healthcare administrators seeking an edge in today’s competitive landscape are increasingly turning to specialized, accelerated credentials that bridge the gap between clinical expertise and executive management skills. Programs offering an accelerated online health information management degree provide rigorous training in data analytics, digital record management, and regulatory compliance while compressing coursework into a streamlined format. This focused approach not only fosters enhanced technical proficiency and operational insight but also accelerates career progression by equipping professionals with tools to optimize patient data security and improve overall organizational efficiency.
What are the best professional organizations for healthcare administrators?
Joining professional organizations helps healthcare administrators build networks, access resources, and advance their careers. Below are three top organizations:
- American College of Healthcare Executives (ACHE): ACHE provides extensive resources, including certifications like the Fellow of the American College of Healthcare Executives (FACHE). Members gain access to leadership development programs, conferences, and a vast professional network.
- Healthcare Financial Management Association (HFMA): HFMA supports administrators specializing in healthcare finance. It offers certifications, educational resources, and tools to navigate complex financial regulations and challenges.
- HIMSS (Healthcare Information and Management Systems Society): HIMSS focuses on health IT and informatics, providing certifications like CPHIMS and insights into technological advancements. Members benefit from webinars, publications, and global networking opportunities.
Can a one-year MHA program boost your healthcare administration career?
A one-year Master of Healthcare Administration program provides a streamlined approach to acquiring advanced leadership and management skills. This fast-track degree equips professionals with comprehensive training in health policy, financial oversight, and strategic operations, enabling a swift transition into higher-level roles. Graduates benefit from an intensive curriculum that emphasizes real-world applications and modern healthcare trends, fostering the ability to make informed, impactful decisions. For those seeking an accelerated pathway, exploring 1 year MHA programs online can be a pivotal step in enhancing career progression without the extended time commitment of traditional graduate programs.
Can healthcare administrators transition to other high-paying industries?
Healthcare administrators possess versatile skills that enable them to transition to other high-paying industries. Their expertise in leadership, strategic planning, financial management, and data analysis is valuable in sectors like technology, finance, and consulting. For instance, administrators with experience in health IT can move into tech roles managing large-scale data systems or optimizing digital solutions.
Similarly, their financial acumen allows them to thrive in corporate finance or project management. Consulting firms also value healthcare administrators for their ability to streamline operations and implement efficient workflows. While transitioning may require additional certifications or training, the core competencies developed in healthcare administration make professionals well-suited for diverse and lucrative opportunities in other industries.
Here’s What Professionals Have to Say about Their Healthcare Administration Jobs
- “Healthcare administration has given me the tools to drive meaningful change in patient care while climbing the professional ladder. The combination of strategic decision-making and leadership opportunities is incredibly fulfilling. Knowing that my work improves hospital operations motivates me daily.” —Julie
- “I never thought a career could balance high earning potential with flexible hours, but healthcare administration has done just that. Managing teams and streamlining operations has been challenging yet rewarding. Plus, I can still make time for my family.” —David
- “From overseeing hospital expansions to implementing cutting-edge tech solutions, healthcare administration has been a thrilling journey. The field constantly evolves, offering endless opportunities to innovate and lead. I truly feel like I’m shaping the future of healthcare.” —Benjamin
Key Findings
- Medical and health services managers had a median annual wage of $110,680 in 2023 (US BLS, 2024).
- In 2023, 147,250 medical and health services managers were employed in general medical and surgical hospitals across the US.
- Hospital CEOs across the US had an average annual salary of $157,740 in 2024 (Zippia, 2024)
- Offered by the ACHE, the Fellow of the American College of Healthcare Executives® (FACHE) credential recognizes professionals with exceptional leadership and management skills in healthcare.
- Healthcare administrators possess versatile skills that enable them to transition to other high-paying industries. Their expertise in leadership, strategic planning, financial management, and data analysis is valuable in sectors like technology, finance, and consulting.
Other Things You Should Know about Healthcare Administration Jobs
What is the highest paying job in healthcare administration?
The highest-paying job in healthcare administration is usually a hospital chief executive officer (CEO). Across the US, hospital CEOs had an average annual salary of $157,740 in 2024 (Zippia, 2024).
Hospital CEOs oversee the entire organization, setting strategic goals, managing finances, and ensuring compliance with healthcare regulations. Other high-paying roles include chief financial officer (CFO) and chief information officer (CIO), both of which demand specialized expertise and offer salaries comparable to top executive positions.
What is the best major for healthcare administration?
The best major for healthcare administration is usually Healthcare Administration or Health Management, as these programs focus on leadership, operations, and healthcare-specific topics. Other strong options include Business Administration and Public Health, which provide broader skills in finance, strategy, and community health. Specialized programs, such as a Master of Healthcare Administration (MHA), are ideal for advanced roles, offering in-depth knowledge of healthcare systems, policy, and management practices tailored to the industry.
What is the highest position in hospital administration?
The highest position in hospital administration is the hospital chief executive officer (CEO). CEOs are responsible for the overall strategic direction, financial performance, and operational success of the hospital. They oversee all departments, manage relationships with stakeholders, and ensure the delivery of high-quality patient care. This role demands exceptional leadership, decision-making, and an understanding of complex healthcare systems, making it the pinnacle of hospital administration. Thus, those who aim to be healthcare administrators may find graduate education beneficial to add to their credentials. For instance, nurses can look into MBA degree programs. They may also earn advanced nursing degrees to be able to specialize before starting administrative roles. In this case, they may want to check our guide to finding the cheapest FNP program online.
What is the lowest paying job in healthcare?
The lowest-paying jobs in healthcare are often entry-level roles, such as medical records specialists, with a median annual wage of $48,780 in 2023, and nursing assistants, with a median annual wage of $38,200 (US BLS, 2024). Despite their lower pay, these positions are critical to patient care and can serve as a stepping stone to higher-paying healthcare careers with additional training or certifications. Professionals seeking to advance their education and training in the field of nursing may explore the cheapest accelerated nursing programs.
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