The Idaho Department of Labor (DOL) reported that the potential for salary advancement was tremendous over the course of a healthcare administrator’s career, with the most experienced administrators (90th percentile) earning more than three-times what those new to the profession earned (10th percentile).
According to the DOL’s 2015 report, healthcare administrators in the 90th percentile earned an average of $119,600, while those in the 10th percentile earned an average of $37,380. The median salary among healthcare administrators in Idaho was $72,760 that year.
Factors Contributing to Job Growth in Healthcare Administration
The number of healthcare administrators in Idaho is rapidly increasing. The Idaho Department of Labor projects job growth of 24.48% for healthcare administrators between 2012 and 2022. This means the number of jobs for healthcare administrators is increasing 50% faster than the overall job growth rate in Idaho.
Job opportunities for healthcare administrators always aligns with overall job growth in the healthcare sector. Employment in the healthcare industry has consistently been a bright spot for Idaho’s economy. While most industries suffered during the recession, healthcare companies in Idaho increased total payroll by 46% between 2003 and 2013. This earned Idaho the second place position in terms of job growth in healthcare during this ten-year period.
Almost half of the state’s total healthcare employment was located in Southwestern Idaho because of its large population base and the presence of two regional hospitals. In fact, the BLS reported that the nonmetropolitan area of Southwest Idaho had the fifth highest concentration of jobs for healthcare administrators of any rural area in the county.
Salaries for Healthcare Administrators Throughout Idaho
According to the Idaho Department of Labor, salaries for healthcare administrators in Idaho differed a great deal depending on their location:
Balance of State:
Shown here for comparative purposes is an expanded analysis of the salaries for healthcare administrators in Idaho’s urban and rural areas as provided by the US Bureau of Labor Statistics in 2014: