Health-care managers handle the business affairs of medical facilities, ensuring that staff and materials are coordinated efficiently and that patient records are secured according to the law. A master's degree in health-care management is typically required. The highest-paid managers can make nearly three times what the lowest-paid ones earn.
Basics
As of May 2009, the Bureau of Labor Statistics said the median compensation of health-care managers is $39.35 hourly or $81,850 yearly. The bottom 10 percent make $23.92 or $49,750 and the upper 10 percent receive $67.45 or $140,300.
Industries
The type of industry can decide compensation. This job's highest-paying are pharmaceutical and medicine manufacturing, with salaries at $75.02 or $156,050; navigational, measuring, electromedical and control instruments manufacturing, with salaries at $68.13 or $141,720; medical equipment and supplies manufacturing, with salaries at $64.41 or $133,980; scientific research and development services, with salaries at $64.05 or $133,220; and electronic shopping and mail-order houses, with salaries at $63.95 or $133,020.
States
The state in which a job is performed can dictate rates. This profession's highest-paying are Washington, in which rates are $52.63 or $109,460; Massachusetts, with pay of $51.45 or $107,020; Rhode Island, with pay of $51.02 or $106,120; New Jersey, with pay of $51.01 or $106,100; and New York, with pay of $50.80 or $105,670.
Cities
The city of employment can decide salaries. The top five highest-paying for this job are Salinas, Ca., with a rate of $63.77 or $132,650; San Jose, Ca., with a rate of $59.00 or $122,730; Lawrence, Mass., with a rate of $58.36 or $121,390; Burlington, Vt., with a rate of $57.59 or $119,780; and Seattle, Wash., with a rate of $57.09 or $118,750.
Employment Levels
The areas with the greatest employment numbers do not offer the best salaries. For example, the industries with the greatest employment levels are general medical and surgical hospitals, in which compensation is $46.47 or $96,660; and the offices of physicians, in which compensation is $42.62 or $88,650. The locales with the greatest concentrations of health-care managers are the District of Columbia, with a rate of $46.19 or $96,080; and New York, with a rate of $50.80 or $105,670. Finally, The cities with the highest employment levels are Jackson, Tenn., in which rates are $33.43 or $69,540; and Shreveport, La., in which rates are $31.50 or $65,510.
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