How to Choose the Healthcare Administration Job that is Right for You
6 Min Read
Deciding to earn your MBA is the first step in achieving long-term professional success. The next decision you must make is which area of business administration is right for your career.
When it comes to choosing a field that provides competitive salaries and a growing roster of in-demand careers, the healthcare administration industry offers abundant opportunities.
In this guide, we’ll discuss which healthcare administration careers are in the highest demand, and how to choose a career that best fits your expertise and long-term goals.
Why Choose a Career in Healthcare Administration?
“Wherever the art of medicine is loved, there is also the love of humanity.” –Hippocrates, known as the father of modern medicine1
The health administration field combines business essentials with healthcare ethics, which makes it ideal for professionals who want to make a difference in the lives of others through their careers.
From elderly care facilities to private practice offices, healthcare administration professionals play a significant role in local and global health policies, making them constantly in demand. In fact, the Bureau of Labor Statistics anticipates more than 1.1 million new management careers to be created annually through 2032, with 144,700 new roles expected for health services managers alone.2,3
At this rate, the number of available positions in the profession will grow by 28% through 2032, which is outstanding compared to the national average industry growth rate of 5-8%.3
What is the Average MBA Healthcare Administration Salary?
In return for combining business expertise with a focus on community health and wellness, healthcare administration professionals are compensated with job security, opportunities for advancement, rewarding benefits and annual salaries that hover high above the U.S. national average of $59,228.4
Today, the average annual salary for those who complete an MBA in Healthcare Administration is $88,000, with some earning well over $200,000 each year.3,5
In New Mexico, however, the average salary for healthcare administrators stands even higher at $95,736, with job demand constantly growing.6
New Graduate Healthcare Administration Jobs
Let’s explore some of today’s most in-demand healthcare administration jobs and what we can expect in terms of industry growth throughout the next decade. We’ll also examine what each position entails and what you can achieve as a professional in each role.
Entry-Level Healthcare Administration Jobs
Community Health Service Manager
Median Annual Salary: $77,030
Career Outlook: 9% industry growth expected between 2022-32
Community health service managers identify the wellness needs of a community and ensure community members have access to the resources necessary to lead healthy lives. Their responsibilities may include managing public health services, overseeing health education programs and analyzing health data to determine the success of community outreach efforts.7
Health Facility Manager
Median Annual Salary: $102,340
Career Outlook: 5% industry growth expected between 2022-32
Health facility managers oversee the daily operations of a medical center to ensure staff members have appropriate resources and patients are receiving quality care. These healthcare administration professionals are essential to hospital departments, private practice offices and elderly care facilities.8
Highest-Paying Healthcare Administration Jobs
Chief Executives
Median Annual Salary: $206,680
Career Outlook: 3% industry growth expected between 2022-32
Chief executives oversee the functions of a business while ensuring their company is on track to reach long-term financial goals. When employed in healthcare settings, these professionals make important decisions regarding the facility’s finances, medical staff and healthcare policy, which means they must demonstrate outstanding leadership skills.9
Healthcare Administrator
Median Annual Salary: $110,680
Career Outlook: 28% industry growth expected between 2022-32
Healthcare administrators apply business management expertise to healthcare systems. About 30% of professionals in this position work on location at hospitals to manage departments of physicians or administrative professionals. Their responsibilities may include maintaining office resources, overseeing the scheduling of medical procedures, ensuring quality patient care and regularly adapting to changing healthcare laws.3
Work-from-Home Healthcare Administration Jobs
Operations Manager
Median Annual Salary: $101,280
Career Outlook: 3% industry growth expected between 2022-32
Operations managers oversee the day-to-day procedures of a business. In healthcare settings, these professionals determine areas in need of improvement and design plans of action and new policies to increase efficiency and ensure quality patient care. Their duties may include creating schedules for medical staff, ensuring their facility is well stocked with resources and all employees are following healthcare laws and ethics. In some facilities, these managers are not required to conduct their work on site and may work remotely full-time or part-time.9
Telehealth Services Manager
Median Annual Salary: $110,680
Career Outlook: 28% industry growth expected between 2022-32
Similar to healthcare administrators, telehealth services managers oversee the medical staff, procedures and policies of a virtual health provider. Since the outbreak of COVID-19 in 2020, this type of health service has grown in popularity due to its convenience and the safety it provides against spreading contagious illnesses. While a remote position, this role allows professionals to collaborate, identify opportunities for overall service improvement and demonstrate expert organizational leadership skills.3
Start Your Online MBA in Healthcare Administration with New Mexico Highlands University
With New Mexico Highlands University, you can take the next step toward your professional goals with the online MBA in Healthcare Administration.
This program is designed for working individuals who require schedule flexibility when it comes to earning a degree. Each course is taught by healthcare administration experts through an interactive, virtual classroom that allows you to study on your time. Balance your full-time professional responsibilities with your education, without ever having to interrupt your personal schedule to travel to campus.
With professional support, you’ll build the essential skills needed for the healthcare field’s most in-demand careers and earn the credential to achieve ongoing professional success as a trusted healthcare administration professional.
Build Your Career with New Mexico Highlands
From local networking to expert instruction, New Mexico Highlands provides its online students with the academic resources necessary for long-term success. You’ll receive support for building your resume, connecting with local employers and preparing for the rewarding healthcare administration career you want.
Ready to get started? Learn more about the Online MBA: Healthcare Administration program today.
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- The Jordan Times. “Wherever the art of medicine is loved, there is also a love of humanity.” Dominik Bartsch. (September 5, 2021). Retrieved May 8, 2024, from https://jordantimes.com.
- Bureau of Labor Statistics, U.S. Department of Labor. Occupational Outlook Handbook. “Management Occupations.” (April 17, 2024). Retrieved May 8, 2024, from https://www.bls.gov.
- Bureau of Labor Statistics, U.S. Department of Labor. Occupational Outlook Handbook. “Medical and Health Services Managers.” (April 17, 2024). Retrieved May 8, 2024, from https://www.bls.gov.
- Bureau of Labor Statistics, U.S. Department of Labor. News Release. “Usual Weekly Earnings of Wage and Salary Workers First Quarter 2024.” (April 16, 2024). Retrieved May 8, 2024, from https://www.bls.gov.
- Payscale. “Master of Business Administration (MBA), Health Care Administration Degree.” (February 28, 2024). Retrieved May 8, 2024, from https://www.payscale.com.
- Salary.com. “Health Services Administrator Salary in New Mexico.” (N.D.) Retrieved May 8, 2024, from https://www.salary.com.
- Bureau of Labor Statistics, U.S. Department of Labor. Occupational Outlook Handbook. “Social and Community Service Managers.” (April 17, 2024). Retrieved May 9, 2024, from https://www.bls.gov.
- Bureau of Labor Statistics, U.S. Department of Labor. Occupational Outlook Handbook. “Administrative Services and Facilities Managers.” (April 17, 2024). Retrieved May 9, 2024, from https://www.bls.gov.
- Bureau of Labor Statistics, U.S. Department of Labor. Occupational Outlook Handbook. “Top Executives.” (April 17, 2024). Retrieved May 9, 2024, from https://www.bls.gov.