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Healthcare Management
Earnings

Federal Sector

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Department of Veterans Affairs

This is an exciting time for healthcare management. Healthcare is
changing more rapidly than almost any other field. The field is
changing in terms of how and where care is delivered, who is providing
those services, and how that care is financed. Healthcare management
requires talented people to manage the changes taking place. In their
roles, healthcare executives have an opportunity to make a significant
contribution to improving the health of the communities their
organizations serve.

With growing diversity in the healthcare system, executives are needed
in many settings, including:

Clinics

Consulting firms

Health insurance organizations

Healthcare associations

Hospitals

Nursing homes

Physician practices

Mental health organizations

Public health departments

Rehabilitation centers

Skilled nursing facilities

Universities and research institutions

Today, an estimated 100,000 people occupy health management positions
at numerous organizational levels, from department head to chief
executive officer. Requirements for senior-level positions in
healthcare organizations are demanding, but these jobs also offer
opportunities to improve the system of care giving.

If you choose a career in healthcare management, your first job might
be an entry- to mid-level management position in a specialized area,
such as:

Finance

Government relations

Human resources

Information systems

Marketing and public affairs

Material management (purchasing of equipment and supplies)

Medical staff relations

Nursing administration

Patient care services

Planning and development

Growth and Salaries

Healthcare management is a huge, complex, and ever-changing field. In
fact, healthcare services will increase 30 percent from 1996-2006 and
will account for 3.1 million new jobs, the largest increase of any
industry.

Hospital Executive Salary Information

Two-thirds of ACHE affiliates are employed in hospitals or hospital
systems. Fifty-two percent hold positions at the chief executive,
executive vice president, or vice president level. The data here
correspond to the salary information requests our affiliates
frequently address to the ACHE Healthcare Executive Career Resource
Center.

The comprehensive 2007 survey conducted by IHStrategies covers 130
positions. Within its report, you will find detailed data on the top
healthcare system and hospital executive positions highlighted in the
table below. Your Human Resources Department may purchase the report
or obtain more specific salary information by contacting Michael J.
Rugani, Survey and Database Manager at IHStrategies (612) 337-1129 or
mike.rugani@IHStrategies.com. Please be aware that there may be a fee
required to provide specific position information. Additional
information about IHStrategies can be obtained by visiting the
IHStragies Web Site.

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Hospital Executive Pay

System

Hospital

Base

Total Cash

Base

Total Cash

CEO

Independent

$576.0

$672.4

$421.2

$476.1

Subsidiary

$476.1

$525.6

$274.1

$311.8

COO

$343.0

$400.0

$243.6

$275.6

CFO

Independent

$325.8

$363.7

$243.0

$262.8

Subsidiary

$277.7

$291.3

$185.6

$205.0

CMO

$325.0

$376.7

$275.0

$307.2

CIO

$229.0

$252.3

$176.9

$189.6

Head of patient care

$191.8

$216.2

$170.3

$183.8

Head of nursing

$189.2

$211.5

$162.0

$177.4

Head of human resources

$206.5

$228.7

$149.8

$159.8

Head of quality improvement (nonMD)

$294.0

$321.5

$101.8

$103.7

Head of professional services

$175.5

$194.1

$158.4

$173.4

Head of ambulatory services

$181.0

$185.6

$131.1

$139.2

Head of service line

$152.2

$158.8

$130.4

$135.0

Head of support services

$170.0

$190.0

$144.3

$155.6

Head of corporate development

$240.0

$272.7

$210.6

$220.0

Head of managed care

$195.0

$214.9

$130.0

$134.4

(2007 Hospital Compensation Survey -
Conducted by IHStrategies)

All figures in thousands of dollars. Unless otherwise noted, each
position includes a mix of data from independent and subsidiary
organizations.

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Healthcare Administration in the Military and Department of Veterans
Affairs

There are many rewarding and exciting healthcare management careers
offered through the uniformed services as well as the Department of
Veterans Affairs. Click on the links for additional information.

Army

Navy

Air Force

Department of Veterans Affairs

Home - What is a Healthcare Executive? - Careers - Getting Started
Educators/Counselors - Executives in Action - American College of
Healthcare Executives

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