How Much Do Medical Administrators Make an Hour in 2021?

How Much Money Does a Medical Administrator Make? Medical Administrators: Key Features, The Work, Hourly Salary, Prospects 

What do medical administrators do?

Medical Administrators are responsible for the management of the various facilities that provide medical and health care. These facilities may include anything from small store front clinics to large teaching hospitals. The job is an extensive one. It usually includes overseeing budget preparation, establishing rates for health services, hiring and training personnel, and organizing the activities of the medical, nursing, physical plant, and other operating departments. The job may also include planning for the expansion of facilities and services, as well as carrying out any necessary fund raising drives. While many Medical Administrators carry out these tasks alone, most supervise a staff of assistant administrators. Medical Administrators generally report to a board of directors or other governing body. 

Medical Administration Careers

Medical Administrators are usually required to have a master’s degree in health administration, hospital administration, or public health, though degrees in business, personnel administration, or public administration are often acceptable. The shortest entry route for career changers is to start in smaller organizations with less specialized academic requirements. They may then transfer to larger organizations. 

Medical Administration Salary 2021

The field of health services administration has been expanding rapidly in recent years, and the trend is expected to continue. However, competition forjobs has intensified. The bestjob opportunities are expected to be for candidates with graduate degrees. Job opportunities in long term health care facilities, such as nursing homes, are expected to be best for candidates with backgrounds in business or management. Medical Administrators can earn anywhere from $50,000 to $75,000 per year and up. 

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The average salary for a Healthcare Administration in 2021

Annual Salary $64,400
Monthly Salary  $5,600
Weekly Salary $1,200
Hourly Salary  $26

Medical Administrator Requirements

Entry Requirements in Prior Experience: 

Previous experience in other areas of administration can be extremely helpful to career changers. Possible related areas might include social welfare administrators and emergency medical services coordinators. 

Entry Requirements in Personal Qualities: 

Medical Administrators must have a strong business sense. They are often responsible for large sums of money and staffs of employees. They also need strong organizational skills to help them coordinate their different areas of responsibility and keep lines of communication open with assistant administrators and board of directors, members. Communication skills are also helpful to administrators who become involved in fund raising, lecturing, and other public relations activities for their organizations. Along these lines administrators should be good at and comfortable with public speaking. Because of the nature of their work, health services administrators should enjoy working with people. They have to be dedicated and able to put in long hours to insure the smooth running of their operations. 

How much do medical administrators make?


Entry Requirements in Training and Education: 

In most cases Medical Administrators are required to have a master’s degree. While graduate level training is not always required, competition for entry jobs is so strong that candidates with less education have very few opportunities. Licensure is not usually a requirement except in nursing homes and other longterm health care facilities. Administrators in these areas are required to be licensed in all states and the District of Columbia. In most cases applicants prepare for the qualifying licensing examination by taking a special course of study usually lasting from 100 to 200 hours. Approximately half the states require applicants to complete an internship known as the Administrator in Training, lasting approximately one year, before they can take the licensure examination.

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