How much does a hospital administrator make in year?

According to the American Hospital Association's Annual Survey of Hospitals, the median annual salary for hospital administrators was $202,800 in 2021. However, salaries can vary significantly depending on a number of factors, including:

* Hospital size: Administrators of larger hospitals typically earn more than administrators of smaller hospitals.

* Location: Hospital administrators in large metropolitan areas tend to earn more than administrators in rural areas.

* Experience: More experienced administrators typically earn more than administrators with less experience.

* Education: Administrators with advanced degrees in healthcare administration typically earn more than administrators with bachelor's degrees.

In addition to base salary, hospital administrators may also receive bonuses, incentives, and other forms of compensation. The total compensation package for a hospital administrator can vary significantly from year to year.