The Maine Center for Workforce Research and Information (CWRI) considers the field of healthcare administration to be so promising that it ranked the profession as number 8 on its list of high-wage high-demand jobs that require at least a bachelor’s degree.
Experienced healthcare administrators in Maine whose salaries fell within the 75th percentile earned an average of $104,083 a year as of 2014. Healthcare administrators with salaries in the 25th percentile, typically those newer to the profession and working for smaller facilities, earned an average of $67,496. The median salary among healthcare administrators in Maine was $81,286 that year.
Job Growth Projections for Healthcare Administrators in Maine
The CWRI projected that the number of jobs for healthcare administrators will increase by 12.6% between 2012 and 2022. This level of growth should generate an average of 62 positions a year for healthcare administrators in Maine.
Job growth in the area of healthcare administration always mirrors overall growth in the healthcare sector. The healthcare sector is the major provider of jobs in Maine according to a 2014 CWRI report on health occupations. This industry is the largest segment of Maine’s economy in terms of employment and wages, and the healthcare sector generated more jobs than all other sectors combined between 2000 and 2011.
Hospitals are the major employers of healthcare administrators according to the US Bureau of Labor Statistics. The CWRI reported that employment in Maine’s hospitals was responsible for 51% of the new healthcare jobs between 2000 and 2011.
As of 2011, hospitals employed the majority of Maine’s healthcare workers:
- Hospitals: 34%
- Ambulatory care services: 25%
- Nursing and residential care facilities: 24%
Maine has historically had a greater number of healthcare workers per population than the country as a whole, and the CWRI considers the employment outlook for jobs in healthcare to be “particularly bright.”
Salaries for Maine’s Healthcare Administrators by Location
The salaries for healthcare administrators in Maine varied a great deal depending on which county they worked in. Healthcare administrators in the 75th percentile in Piscataquis County earned the highest average salary:
Sixty percent of Maine’s 1,800 healthcare administrators were located in three counties. Slightly more than one-third were employed in Cumberland County, while Kennebec and Penobscot Counties each were home to13% of the healthcare administrators in Maine.
The US Bureau of Labor Statistics (BLS) provides a detailed breakdown of salaries for healthcare administrators in Maine’s major metropolitan areas and nonmetropolitan areas as of 2014. The median salary among healthcare administrators in Bangor was the highest statewide. Experienced professionals in the 90th percentile in the nonmetropolitan area of Southwest Maine had an average salary that was so high it exceeded the maximum value reported 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.