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Health Services Management Earnings

 

Median annual earnings of medical and health services managers were $67,430 in May 2004. The middle 50 percent earned between $52,530 and $88,210. The lowest 10 percent earned less than $41,450, and the highest 10 percent earned more than $117,990. Median annual earnings in the industries employing the largest numbers of medical and health services managers in May 2004 were as follows:
Federal Government$87,200
General medical and surgical hospitals71,280
Offices of physicians61,320
Nursing care facilities60,940
Home health care services60,320

Earnings of medical and health services managers vary by type and size of the facility, as well as by level of responsibility. For example, the Medical Group Management Association reported that, in 2004, median salaries for administrators were $72,875 in practices with 6 or fewer physicians, $95,766 in practices with 7 to 25 physicians, and $132,955 in practices with 26 or more physicians.

According to a survey by Modern Healthcare magazine, median annual compensation in 2004 for hospital administrators of selected clinical departments was $76,800 in respiratory care, $81,100 in physical therapy, $87,700 in home health care, $88,800 in laboratory services, $90,200 in long-term care, $93,500 in medical imaging/diagnostic radiology, $94,400 in rehabilitation services, $95,200 in cancer treatment facilities, $96,200 in cardiology, $102,800 in nursing services, and $113,200 in pharmacies. Salaries also varied according to size of facility and geographic region.

According to a survey by the Professional Association of Health Care Office Management, total 2004 median compensation for office managers in specialty physicians’ practices was $72,047 in gastroenterology, $66,946 in dermatology, $66,207 in cardiology, $64,543 in ophthalmology, $63,801 in obstetrics and gynecology, $62,545 in orthopedics, $58,595 in pediatrics, $52,211 in internal medicine, $50,924 in psychiatry, and $50,049 in family practice..

Source: Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2006-07 Edition

 

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