Experienced healthcare administrators in Arkansas earning within the 90th percentile made 94.7% more than their colleagues who were new to the profession according to a 2014 report issued by state’s Department of Workforce Services. Experienced healthcare administrators earned an average of $95,450, while entry-level healthcare managers earned an average of $49,030. The overall average salary for healthcare administrators in Arkansas was $79,980 that year.
The Arkansas Department of Workforce Services rated healthcare administration as an “in-demand occupation,” with job growth that is slated to be 75% faster than the average for all occupations in the state. The Department expects the number of jobs for healthcare administrators in Arkansas to increase by 18.4% between 2012 and 2022. Projections suggest that the increase in the number of jobs for healthcare administrators will be particularly high in Central Arkansas with a growth rate of 27.2% and in West Central Arkansas where the number of healthcare administrator jobs is expected to increase by 22.2%.
Where the Job Growth is for Healthcare Administrators in Arkansas
Three major employment sectors for healthcare administrators made the list of top 20 growing industries in Arkansas by net growth between 2012 and 2022:
- Physician’s offices (#4) – 5,466 (Net growth)
- General medical and surgical hospitals (#6) – 4,484 (Net growth)
- Nursing care facilities (#7) – 3,910 (Net growth)
Overall job growth in these medical facilities bodes well for healthcare administrators in Arkansas. The increase in employment at general medical and surgical hospitals is particularly significant. The US Bureau of Labor Statistics reported that these types of hospitals were by far the largest employers of healthcare administrators, and were also where healthcare administrators earned the highest salaries.
More than 100 hospitals operated in Arkansas in 2013 according to the state’s Hospital Association. Seventy-three of these hospitals were community hospitals. Hospitals in Arkansas had a combined annual payroll of $1.7 billion in 2011 and contributed significantly to the state’s economy.
Salaries for Healthcare Administrators Throughout Arkansas
The US Bureau of Labor Statistics provides a highly detailed analysis of the salaries for healthcare administrators in urban and rural areas of Arkansas as of 2014. These salaries varied widely, however, healthcare administrators in the Little Rock-North Little Rock-Conway area earned an average salary that was much higher than that in other locations: