The median salary among healthcare administrators in Maryland was $99,677 as of 2015 according to the Maryland Department of Labor, Licensing and Regulation. This agency indicated that executive-level healthcare administrators with salaries that fell with the top tier earned 77.8% more on average than those new to the profession serving the administrative needs of smaller facilities.
Top-earning healthcare administrators in Maryland whose salaries fell with the 90th percentile earned an average of $127,333 in 2015, while those with salaries in the 10th percentile earned an average of $71,613.
Employment Levels and Job Growth for Healthcare Administrators in Maryland
The US Bureau of Labor Statistics (BLS) reported that Maryland had the highest concentration of healthcare administrators in the country, while the Bethesda area ranked as the number one metropolitan area in the country for its concentration of healthcare administrators as of 2014.
The number of healthcare administrators is projected to increase to even higher levels in Maryland, since the state’s Department of Labor, Licensing and Regulation (DLLR) predicts a 10.2% increase in the number of healthcare administrators between 2012 and 2022.
DLLR projections suggest that employment in healthcare occupations in Maryland will grow 2.3 times faster than the overall rate of job growth in the state between 2008 and 2018. Overall job growth in the healthcare sector is a strong indicator of the growing demand for healthcare administrators, who will be needed to manage more fiscal and human resources.
Hospitals are the major employers of healthcare administrators nationally and tend to pay high salaries according to the BLS. The DLLR predicted a 1.9% increase in employment in hospitals in Maryland between 2008 and 2010.
Salaries for Healthcare Administrators in Maryland According to Location
Top earning healthcare administrators in Baltimore earned a slightly higher average salary than the statewide average for healthcare administrators in this tier as of 2015 according to the Maryland Department of Labor, Licensing and Regulation. That year, top-earning Baltimore-based healthcare administrators earned an average of $128,672. The median salary among healthcare administrators in Baltimore was $96,701, while entry-level healthcare administrators in this city earned an average of $70,182.
The US Bureau of Labor Statistics provides a detailed analysis of salaries for healthcare administrators in Maryland’s urban and rural areas as of 2014. The median salary among healthcare administrators in the nonmetropolitan area of St. Mary’s County was at least $3,300 higher than for healthcare administrators in other parts of Maryland: