Maryland’s 11,210 healthcare administrators make a median annual wage of $113,150 each year according to 2018 Bureau of Labor Statistics numbers… $13,420 more than the national rate. The very best administrators, those in the top ten percent, make nearly $200,000 a year.
Situated squarely between Philadelphia and Washington D.C., Maryland is in a demographic sweet spot that brings in both expertise and a well-off population with high expectations for health care service. According to the Census Bureau, population growth between 2010 and 2018 approaches 5 percent.
But Maryland is unique in that it is a state that is operating under a new health service provision in its Medicare waiver that puts hospitals on a global budget—a set amount per year for patient service, rather than compensation on the basis of visits. That puts the onus on hospital administrators to focus efforts on keeping patients healthy. And those with the talent to pull it off make big bucks in the Old Line State.
Employment Levels and Job Growth for Healthcare Administrators in Maryland
Maryland has the third highest concentration of healthcare administrators in the nation according to the BLS. Even so, their ranks are expanding. The state Department of Labor estimates an 11.9 percent increase in medical manager positions between 2016 and 2026. That, together with the natural turnover in current positions across the state, will lead to a predicted 890 openings each year in the field.
Salaries for Healthcare Administrators in Maryland According to Location
Medical administrators in Maryland have a lot of solid choices around the state for places to work with high salaries. Three of the top four largest urban areas of the state have median salaries that come in at six figures, and nearly every region at least comes in at or above the national median rate of $99,730.
- 25th percentile: $88,410
- Median: $110,360
- 75th percentile: $142,160
- 90th percentile: $-
- 25th percentile: $82,000
- Median: $101,490
- 75th percentile: $1228,720
- 90th percentile: $168,890
- 25th percentile: $86,980
- Median: $108,880
- 75th percentile: $138,670
- 90th percentile: $169,090
- 25th percentile: $80,470
- Median: $96,090
- 75th percentile: $119,880
- 90th percentile: $152,390
Although precise figures for 90th percentile workers were not available for the Baltimore region, BLS has indicated they were in excess of $208,000 annually.
Salary and employment data compiled by the United States Department of Labor’s Bureau of Labor Statistics in May of 2018. Figures represent accumulated data for all areas of employment for medical and health services managers – https://www.bls.gov/oes/current/oes_md.htm#11-9111.
BLS salary data represents state and MSA (Metropolitan Statistical Area) average and median earnings for the occupations listed and includes workers at all levels of education and experience. This data does not represent starting salaries. Employment conditions in your area may vary.
Job growth projections sourced from the Maryland Department of Labor and published in the U.S. Department of Labor-funded Long Term Occupational Projections (2016-2026) database – https://projectionscentral.com/Projections/LongTerm.
All salary and job growth data accessed in June 2019.