Maryland’s 10,450 healthcare administrators make a median annual wage of $118,520 each year according to 2020 Bureau of Labor Statistics numbers… $14,240 more than the national rate. The very best administrators, those in the top ten percent, make over $200,000 a year.<!- mfunc search_btn -> <!- /mfunc search_btn -> <!- mfunc feat_school ->
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, Maryland’s population has consistently grown by seven percent every decade.
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 is among the top-10 states for offering the highest average salary for healthcare administrators, coming in at $132,090 in 2020 according to the BLS. The state Department of Labor estimates a 19.6 percent increase in medical manager positions between 2018 and 2028. That, together with the natural turnover in current positions across the state, will lead to a predicted 1,750 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. All of its urban areas have median salaries that come in at six figures, and nearly every region comes in above the national median rate of $104,280.
- 25th percentile: $91,410
- Median: $111,550
- 90th percentile: $204,840
- 25th percentile: $82,510
- Median: $102,620
- 90th percentile: $183,260
- 25th percentile: $92,760
- Median: $120,830
- 90th percentile: $170,180
- 25th percentile: $95,250
- Median: $112,210
- 90th percentile: $151,880
2020 US Bureau of Labor Statistics salary figures for Medical and Health Services Managers.
Job growth projections sourced from the Maryland Department of Labor and published in the U.S. Department of Labor-funded Long Term Occupational Projections (2018-2028) database – https://projectionscentral.com/Projections/LongTerm.
Salary figures and job market projections represent state data, not school-specific information.
Conditions in your area may vary. Data accessed August 2021.