In October of 2014, the Las Vegas Review Journal reported that construction of a new healthcare facility was underway in Henderson. Union Village is designed to be an all-in-one healthcare system where Nevada residents can receive acute care treatment, skilled nursing care, and long-term acute care all on one campus. The first phase of construction began in 2014 with the acute care hospital, which is scheduled to open in 2016. In addition, St. Rose Dominican Hospital’s Siena campus is expanding the size of its ER and adding 100 patient beds and six OR suites. The continued expansion of Nevada’s hospital systems bodes well for the salary potential and career outlook of healthcare administrators.
According to the Nevada Department of Employment, Training and Rehabilitation, Research & Analysis Bureau, the average healthcare administration salary in Nevada during 2015 was $105,540, exceeding the national average of $103,680 by about 1.8% (Bureau of Labor Statistics). The median salary averaged slightly less at $97,822. The most experienced healthcare administrators were reported to average $159,661.
Job Forecast for Healthcare Administrators in Nevada
The Nevada Department of Employment, Training and Rehabilitation, Research & Analysis Bureau, has reported that from 2012 to 2022 the need for healthcare administrators will grow by 15.4%. It is expected that a lot of new job opportunities will arise as a result of career administrators leaving the field in favor of retirement. In fact, about 61% of job opportunities during that time will be due to replacement factors such as retirement.
It’s important to mention that as healthcare demand varies by location, so does the demand for healthcare administrators. Here is a look at the projected increase in job opportunities for healthcare administrators by region:
- Carson City: 14.6%
- Las Vegas-Paradise: 14%
- Reno-Sparks: 19.1%
- West Central Counties (Churchill, Douglas, Lyon, Mineral): 23.6%
Healthcare Administration Salaries by City
On average, all salary levels for healthcare administrators are highest in the Reno metropolitan area, including entry-level, average, median, and experienced. The median salary in Reno supersedes the statewide median by about 6.7%, although the highest experienced-level salary has been reported in Carson City.
- Entry: $51,542 to $78,291
- Average: $105,540
- Median: $97,822
- Experienced: $126,610 to $159,661
- Entry: $51,106 to $77,272
- Average: $105,980
- Median: $96,949
- Experienced: $127,317 to $161,658
- Entry: $59,696 to $82,514
- Average: $108,790
- Median: $104,811
- Experienced: $128,690 to $155,147
- Entry: $56,618 to $76,502
- Average: $103,630
- Median: $100,277
- Experienced: $118,331 to $162,261
For comparative purposes, a full analysis of healthcare administration salaries in Nevada is provided in the table below, as published by the U.S. Department of Labor in 2014: