Wyoming is serious about its healthcare and the health of its population, which translates into exceptional professional opportunities for healthcare administrators here. In fact, in terms of average annual healthcare spending, Wyoming beats out its geographic neighbors, with spending here reaching $6,695 per person in 2017, according to the Healthcare Cost Institute – more than Montana ($5,336), Utah ($4,499), Colorado ($5,487), and the national average of $5,641. According to the US Bureau of Labor Statistics in 2020, Wyoming spent $1.52 billion on combined salaries for healthcare practitioners, healthcare technical occupations, and healthcare support occupations.<!- mfunc search_btn -> <!- /mfunc search_btn -> <!- mfunc feat_school ->
Salaries for healthcare administrators in Wyoming are also something to cheer about, with these professionals earning a median salary of $95,980. And demand for healthcare administrators is expected to remain strong in the coming years, with projections revealing a job growth rate of 20.2% between 2018 and 2028.
Factors Influencing the Growth of the Healthcare Administration Profession in Wyoming
The nation is in the midst of a rural hospital crisis, and in a state like Wyoming, which is serviced by no less than 25 rural health systems, strong healthcare leaders are a critical component to ensuring access to quality healthcare for the state’s largely rural population.
A great example of the strides being made in Wyoming is Evanston Regional Hospital, a 42-bed hospital located in Uinta County, where nearly 11% of the residents live in poverty and about 13% of the senior population does not have health insurance. The hospital’s CEO, Jeremy Davis, knew that to remain financially stable, a unique, diversified approach was needed.
According to a 2018 article by HealthLeaders, just some of the initiatives implemented under Davis included a revised payment plan to better help patients afford care, telemedicine opportunities, investing in facility and medical equipment improvement, and aggressive strategies to recruit everyone from medical support professionals to physicians and surgeons. The work being done here has won Evanston Hospital a Performance Leadership Award in Quality from the National Organization of State Offices of Rural Health.
A Closer Look at Salaries for Healthcare Administrators in Wyoming, by Location
Healthcare administrators in Cheyenne earn slightly more than their colleagues in Casper. Cheyenne has a median salary of $93,060 while Casper’s is about $4,000 behind that.
Interestingly, Wyoming’s nonmetropolitan areas revealed higher salaries for healthcare administrators than the metro areas of Casper and Cheyenne. The highest paid healthcare administrators are found in Wyoming’s Eastern nonmetropolitan area, with these professionals earning a median salary of $99,520. Top earners in the field (top 10%) are also found in this area, earning an average salary of $157,970.
- 25th percentile: $69,960
- Median: $89,290
- 90th percentile: $158,390
- 25th percentile: $72,630
- Median: $93,060
- 90th percentile: $143,200
The U.S. Bureau of Labor Statistics provides a further breakdown of salaries for Wyoming’s healthcare administrators, as of 2020:
2020 US Bureau of Labor Statistics salary figures for Medical and Health Services Managers.
Job growth projections sourced from the Wyoming Department of Workforce Services 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.