The median salary among healthcare administrators in Louisiana was $81,564 as of 2014 according to the Louisiana Workforce Commission (LWC). The LWC reported that top-earning executive-level healthcare administrators earned 72.5% more than their colleagues who were new to the industry or otherwise working for smaller facilities or hospital systems.
While Louisiana’s top-earning healthcare administrators with salaries in the 90th percentile earned an average of $104,044 as of 2014, those with salaries that fell within the 10th percentile earned $60,307 a year on average.
Factors Driving Job Growth for Healthcare Administrators in Louisiana
The number of healthcare administrators is rapidly growing both nationally and in Louisiana. The Louisiana Workforce Commission (LWC) projects a 17.6% increase in the number of jobs for healthcare administrators between 2012 and 2022, which will create an average of 155 jobs a year.
The growth rate for healthcare administrators is even higher in certain regions of Louisiana. For instance, the LWC projects an increase of 20.6% in the number of jobs for healthcare administrators in the Lafayette area, while the Houma area should see an 18.59% increase.
When measured by total payroll expenditures, the healthcare sector is the largest employer in Louisiana according to a 2014 report from the Louisiana Hospital Association. With an annual payroll of $10.9 billion in 2012, the healthcare sector was even larger than the manufacturing sector in Louisiana.
Most of the people employed in healthcare in Louisiana worked for one of the state’s 207 hospitals. This suggests that hospitals are the major employers of healthcare administrators in Louisiana. The US Bureau of Labor Statistics reported that hospitals are the major employers of healthcare administrators in the country and tend to pay higher salaries than other employers such as medical offices.
Louisiana’s hospitals provided jobs for more than 98,000 people in 2012. Thirty of them employed more than 1,000 people, while 51 had at least 500 employees. More than one quarter of those employed in Louisiana’s hospitals worked in the New Orleans metropolitan area in 2012, while 15% worked in Shreveport.
Healthcare Administrator Salaries in Louisiana According to Location
The US Bureau of Labor Statistics (BLS) provides a detailed analysis of salaries for healthcare administrators in Louisiana’s metropolitan and nonmetropolitan areas as of 2014. The median salary among healthcare administrators in New Orleans-Metairie-Kenner was the highest in the state. Experienced healthcare administrators in Houma-Bayou Cane-Thibodaux who were in the 90th percentile earned an average salary that was so high that it exceeded the values provided by the BLS:
*Values are equal to or greater than $90 an hour or $187,199 a year. The US Bureau of Labor Statistics does not report salaries higher than these values.