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Where do healthcare managers make the most money?
Highest Paying Industries for Medical Office Administrators
| Industry | Average Hourly Pay | Average Annual Salary |
|---|---|---|
| Pharmaceutical Industry | $30.17 | $62,740 |
| Insurance Companies | $25.40 | $52,830 |
| Scientific Research & Development Services | $25.05 | $52,100 |
| Specialty Hospitals | $22.69 | $47,200 |
What is a healthcare administrator job description?
Healthcare administrators oversee the day-to-day administrative operations of hospitals and other healthcare facilities. Their responsibilities include planning and supervising all medical services—including monitoring budgets and updating health records.
Is healthcare management high paying?
Salaries for California’s Healthcare Administrators by Location. California is also a heavyweight state for healthcare wages. According to the Bureau of Labor Statistics, the annual median breaks six figures, coming in at $130,640 – $26,360 above the national median.
Is healthcare manager a good career?
The top 10% of healthcare managers earned more than $189,000 per year, while the lowest 10% earned around $58,000 per year. This salary level will directly rely on your education and years of experience, making a degree in healthcare management extremely valuable.
What can I do with MBA in healthcare management?
The options include:
- Healthcare consultant for niche boutique health consulting firms, IT consulting firms that do life sciences work, health insurers and health systems.
- Hospital CEO.
- Hospital Administrator.
- Hospital CFO.
- Product management for medical device companies.
- Pharmaceutical Product Manager.
Is healthcare management degree hard?
Many people think of healthcare administration and management as a difficult field of study and a difficult or stressful field to work in, but that’s not necessarily true.
Is a healthcare MBA worth it?
It’s difficult to overstate how attractive healthcare administration is as a career field. In the 2021 U.S. News Best Job Rankings, medical and health services manager took No. 1 Best Business Job and overall No. 4 in the list of the 100 Best Jobs.