A Master’s in Health Administration prepares you to perform many functions that direct a health care facility or manage important operational components of a health practice. The education allows you to work in many types of organizations and in many roles — from CEO to department manager — so salaries can vary widely. Managers and administrators who hold a master’s degree such as an MHA earned a median wage of $96,540, and the jobs available are expected to grow 17 percent between 2014 and 2024, which the Bureau of Labor Statistics says is “much faster than normal.”
You’ll find that people who hold master’s degrees in health administration work in:
- Hospitals and hospital networks
- Private practices, group medical practices, and doctors’ offices
- Home health care organizations
- Nursing homes and long-term care facilities
- Clinics, outpatient care centers, and urgent care providers
- Insurance companies
- Corporations, especially medical service and products such as pharmaceuticals
According to the Bureau of Labor Statistics (BLS) in its Occupational Outlook Handbook, 2016-2017, the average annual wage for medical and health service managers was $96,540. Managers who work at larger organizations such as hospitals tend to earn higher wages; the BLS reports hospital health service manager average just over $104,000 annually. On the lower end are nursing and residential care managers who earn an average of $80,340.
Across all industries, the BLS reports that top executives can earn an average of $103,950 per year, which would include hospital CEOs, healthcare organization COOs, and general and operations managers.
Clinical manager responsibilities include overseeing a department within a healthcare organization, such as a nursing staff or surgery department. They develop and implement policies, goals, and procedures and are responsible for evaluating the quality of staff performance. They may manage budgets and develop reports for executive management to provide a snapshot of the department’s performance.
Group Practice Manager
Doctors who have partnered in a large group practice typically depend on an operations manager who can work with multiple practitioners — doctors, nurses, physicians assistants, medical assistants, etc. — in multiple locations and oversee the practice’s operations, including overseeing its support staff, accounting, billing and marketing responsibilities.
Government Jobs in Healthcare Administration
Graduates of Master’s in Heath Administration programs have found positions in local, state and federal government, and the job titles vary widely. At the local or state level, an MHA graduate might find a career with a health department or veterans hospital. At the national level, health administrators work for large agencies such as the US Department of Health and Human Services and the National Institutes of Health.
Hospital Administrator or CEO
The chief executive officer of any organization is responsible for setting the company’s vision and overseeing the strategy and tactics that help the organization reach its goals. The CEO is responsible for making sure everyone in the organization, including stakeholders, understand the vision and goals, and they make sure they have the right people with the right resources in place to make things happen.
Health Network Administrator
Stand-alone medical facilities are merging into larger networks to reduce overhead and operational costs, improve treatment options and improve patient outcomes. This creates a need for leaders who can efficiently oversee the operations of large-scale health care operations.
Rehabilitation Facility Director
Independent rehabilitation facilities need facility directors who can oversee operations and help build relationships between hospitals, physicians and communities. They oversee the facilities’ staffs and manage budgets.
Medical Billing Operations Manager
Managers who oversee medical billing operations have a special set of challenges to meet. They must make sure that patient privacy laws are followed, they must keep up to date on the ever-changing insurance industry, and they must follow best practices for helping their physicians and healthcare organizations receive reimbursement for the services they provide.
Learn about the benefits of an online Master of Health Administration program.