Q:

How much money do hospital administrators make?

A:

According to the 2011 United States Bureau of Labor Statistics report, healthcare administrators make an average of $96,030 per year or $46.17 per hour. The median pay, however, is $88,580 per year or $42.59 per hour. A healthcare administrator's annual salary varies depending on factors including, geographic location, education, experience and employment sector.

According to the Huston Chronical, those just starting out in the field, with less than two years of experience, earn an average of $64,176 per year. Healthcare administrators with three to five years of experience make an average of $70,912 annually. With six to ten years of experience, healthcare administrators make an average of $79,000 per year. Once a healthcare administrator has 25 years or more of experience, their salary jumps to an average of $110,000 per year.

Those that work as a healthcare administrator in a hospital or clinic setting make an average of $94,880 per year. Academic medical settings pay healthcare administrators slightly more at an average of $113,000 annually.

According to the Health eCareers Network, healthcare administrators that work in scientific research and development settings make an average of $138,800 annually. Those that work for insurance and employee benefit companies tend to make the highest annual salary at $139,400.


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