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Healthcare
Management
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This is an exciting time for healthcare management.
Healthcare is changing more rapidly than almost any other field.
The field is changing in terms of how and where care is delivered,
who is providing those services, and how that care is financed.
Healthcare management requires talented people to manage the changes
taking place. In their roles, healthcare executives have an opportunity
to make a significant contribution to improving the health of the
communities their organizations serve.
With
growing diversity in the healthcare system, executives are needed
in many settings, including:
- Clinics
- Consulting
firms
- Health
insurance organizations
- Healthcare
associations
-
Hospitals
-
Nursing homes
-
Physician practices
-
Mental health organizations
- Public
health departments
- Rehabilitation
centers
- Skilled
nursing facilities
-
Universities and research institutions
Today,
an estimated 100,000 people occupy health management positions at
numerous organizational levels, from department head to chief executive
officer. Requirements for senior-level positions in healthcare organizations
are demanding, but these jobs also offer opportunities to improve
the system of care giving.
If
you choose a career in healthcare management, your first job might
be an entry- to mid-level management position in a specialized area,
such as:
- Finance
- Government
relations
- Human
resources
- Information
systems
- Marketing
and public affairs
-
Material management (purchasing of equipment and supplies)
- Medical
staff relations
-
Nursing administration
- Patient
care services
-
Planning and development
Growth
and Salaries
Healthcare
management is a huge, complex, and ever-changing field. In fact,
healthcare services will increase 30 percent from 1996-2006 and
will account for 3.1 million new jobs, the largest increase of any
industry.
Hospital Executive Salary Information
Two-thirds
of ACHE affiliates are employed in hospitals or hospital systems.
Fifty-two percent hold positions at the chief executive,
executive vice president, or vice president level. The data
here correspond to the salary information requests our affiliates
frequently address to the ACHE Healthcare Executive Career
Resource Center.
The comprehensive 2007 survey conducted by IHStrategies covers 130 positions. Within its report, you will find detailed data on the top healthcare system and hospital executive positions highlighted in the table below. Your Human Resources
Department may purchase the report or obtain more
specific salary information by contacting Michael J. Rugani, Survey and Database Manager at IHStrategies
(612) 337-1129 or mike.rugani@IHStrategies.com. Please be aware that there may
be a fee required to provide specific position
information. Additional information about IHStrategies can be obtained by visiting the IHStragies Web Site.
Hospital
Executive Pay*
| |
System |
Hospital |
| Base |
Total Cash |
Base |
Total Cash |
| CEO |
| Independent |
$647 |
$795 |
$440 |
$470 |
| Subsidiary |
$500 |
$553 |
$326 |
$383 |
| COO |
$382 |
$430 |
$265 |
$297 |
| CFO |
| Independent |
$368 |
$417 |
$257 |
$265 |
| Subsidiary |
$281 |
$329 |
$196 |
$219 |
| CMO |
$363 |
$412 |
$300 |
$330 |
| CIO |
$270 |
$301 |
$194 |
$216 |
| Head of patient care |
$211 |
$236 |
$183 |
$200 |
| Head of nursing |
$222 |
$249 |
$177 |
$195 |
| Head of human resources |
$232 |
$257 |
$160 |
$169 |
| Head of quality improvement (nonMD) |
$132 |
$140 |
$106 |
$108 |
| Head of professional services |
$205 |
$232 |
$174 |
$186 |
| Head of ambulatory services |
$151 |
$159 |
$123 |
$123 |
| Head of service line |
N/A |
N/A |
$147 |
$175 |
| Head of support services |
$182 |
$200 |
$159 |
$172 |
| Head of corporate development |
$227 |
$260 |
$210 |
$210 |
| Head of managed care |
$184 |
$189 |
$132 |
$135 |
(2010 Hospital Compensation Survey -
Conducted by IHStrategies)
*All figures in thousands of dollars. Unless otherwise noted, each position includes a mix of data from independent and subsidiary organizations.
Healthcare Administration in the Military and Department of Veterans Affairs
There are many rewarding and exciting healthcare management careers offered through the uniformed services as well as the Department of Veterans Affairs. Click on the links for additional information.
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