Q:

How much money do hospital administrators make?

A:

Quick Answer

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.

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Full Answer

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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