The profession of healthcare administration is considered so promising in Georgia that the state’s Department of Labor included it in Georgia’s “Hot Careers to 2022.” The criteria for inclusion in this list include high salaries, fast job growth, and having at least 100 openings a year during the next ten years.
Experienced healthcare administrators in Georgia earned 294% more than their colleagues who had just entered the workforce in 2013 according to the state’s Department of Labor. Salaries for Georgia’s healthcare administrators earning in the 90th percentile (typically highly experienced) averaged $143,062, while healthcare administrators in the 10th percentile (typically entry-level) earned an average of $48,714 that year. The median salary among healthcare administrators in Georgia was $79,976 as of 2013.
Job Growth Expectations for Georgia’s Healthcare Administrators
The number of jobs for healthcare administrators in Georgia is projected to increase by 29.1% between 2012 and 2022, a rate of growth that is 25% faster than what is expected for this profession in the US as a whole. The Georgia Department of Labor predicts that an average of 480 jobs a year will be created for healthcare administrators in the state.
Hospitals are the primary employers of healthcare administrators in the country, and the salaries for healthcare administrators tend to be higher in these settings than in ambulatory care settings such as medical offices.
There is a growing trend in Georgia in which hospital systems collaborate to offer a greater breadth of patient care. Collaborative agreements among healthcare providers enable smaller hospitals to invest in capital improvements that enable them to see more patients, while larger hospitals gain market share. For instance, the alliance of hospitals and physicians known as Stratus Healthcare in central and South Georgia included 29 hospitals as of January 2014. Increasing the financial viability of Georgia’s hospitals should enhance the opportunities for healthcare administrators in the state.
Healthcare Administrator Salaries in Georgia Vary Greatly Depending on Location
The US Bureau of Labor Statistics provides a detailed analysis of the salaries for healthcare administrators in Georgia’s metropolitan and nonmetropolitan areas as of 2014. These salaries varied greatly depending on location. For instance, the median salary among healthcare administrators in Brunswick was $12,510 higher than that of healthcare administrators in the city with the second highest median salary: