In this Article
By: All Allied Health Staff
Healthcare systems are one of the largest employers in New York across all industries. Healthcare managers, therefore, play a vital role in planning, coordinating and directing the daily operations of healthcare facilities to ensure that patients are provided the best care possible. New York’s high cost of living coupled with strong job growth projections for the coming decade mean healthcare managers have the potential to earn a lucrative salary, but there are many factors that affect an individual’s earning potential. With a solid understanding of the healthcare management salary landscape in New York, you can empower yourself to make an informed decision about your career education.
Quick view
There are roughly 25,910 people employed as medical and health services managers in New York according to the U.S. Bureau of Labor Statistics (BLS). The median wage per hour is $72 and the forecasted job growth for the coming decade is 23.2%, which is much faster than the average across all occupations.
In New York, healthcare managers are employed by a variety of organizations, including large hospital systems, government agencies and health insurance companies. Some of the biggest employers of healthcare administrators and managers in the state include:
- NewYork-Presbyterian, multiple locations, NY:
- One of the largest healthcare providers in the state with multiple hospitals and facilities across New York City.
- NYU Langone Health, multiple locations, NY:
- A large academic medical center that includes multiple hospitals and outpatient facilities.
- Northwell Health, New York City, Long Island and Westchester County, NY:
- The largest healthcare provider in New York State, with facilities spread across the New York metropolitan area, including Long Island.
- New York State Department of Health, Albany, NY:
- The state government agency responsible for public health, which employs healthcare managers in various roles.
- Anthem Blue Cross and Blue Shield, New York City, NY:
- Formerly known as Empire Blue Cross Blue Shield, Anthem is one of the largest health insurance companies in the state, offering a range of healthcare plans and services.
- NYC Health + Hospitals, New York City, NY:
- The largest public health system in the state, providing care through public hospitals and clinics across New York City.
Salary statistics
While the median salary for medical and health services managers nationwide is $117,960, your earning potential can vary depending upon several factors, including where you work and live, how much experience you have, what certifications you have earned and your level of education.
Median healthcare manager salary in New York
The median annual salary for medical and health services managers in New York is $149,820 . However, it’s important to remember that salaries may vary based on experience, education and location within the state.
Medical and Health Services Managers
10%$87,610
25%$111,780
50%$149,820Median
75%$207,430
90%N/A
Median Hourly Wage$72
Job growth23.2%
Total Employment31,010
| Metro area | Median Salary | Bottom 10% | Top 10% |
|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ | $157,910 | $95,990 | N/A |
| Syracuse, NY | $134,470 | $83,600 | $228,080 |
| Binghamton, NY | $132,950 | $82,590 | N/A |
| Kiryas Joel-Poughkeepsie-Newburgh, NY | $132,610 | $85,950 | N/A |
| Rochester, NY | $129,850 | $83,620 | N/A |
| Buffalo-Cheektowaga, NY | $128,330 | $80,820 | N/A |
| Glens Falls, NY | $126,010 | $85,460 | N/A |
| Kingston, NY | $117,160 | $70,110 | $223,520 |
| Albany-Schenectady-Troy, NY | $116,170 | $76,050 | $203,410 |
| Elmira, NY | $115,370 | $82,350 | $226,190 |
Source: U.S. Bureau of Labor Statistics (BLS) 2024 median salary; projected job growth through 2034. Actual salaries may vary depending on location, level of education, years of experience, work environment, and other factors. Salaries may differ even more for those who are self-employed or work part time.
Salary range for healthcare managers in New York
The salary range for medical and health services managers generally spans from $69,680 to $219,080 per year. This accounts for entry-level positions to senior-level roles and takes into consideration other factors such as experience, education and time in the position.
Pay by metro area
Your earning level may depend upon where you live within a state. For example, cities tend to pay better than rural or less populated areas, but they also tend to have a higher cost of living. Here’s what the BLS reports as highest paying metropolitan areas in the country—see how they stack up against metro areas in New York. It’s worth mentioning that the New York-Newark-Jersey City, NY-NJ-PA metro area ranks as one of the highest paying metro areas in the country according to the BLS.
Salary growth and job outlook
The BLS estimates that the employment of medical and health services managers nationwide will grow 23.2% through the next decade, which is much, much faster than the average across all occupations. The BLS states that one big reason for this rapid, anticipated growth is due to a baby-boom population that will likely need more care as they age and experience more health problems.
In New York, the story could be a little different. New York City’s population, for example, has actually declined in the past few years. This is largely due to the COVID-19 pandemic which pushed many people to flee the high cost of living and health risks, especially when New York City was once considered a hotspot of the pandemic. Though the COVID-19 pandemic itself has mostly subsided, the economic fallout continues to spur people to seek locations with a lower cost of living.
That said, the fact remains that New York City’s huge population—over eight million people—needs sufficient healthcare services available, so the demand for healthcare managers should remain strong. Plus, the COVID-19 pandemic caused a lot of healthcare workers to retire early, so there is a need to refill these positions as the state continues to recover from the pandemic.
Factors affecting healthcare manager salaries in New York
Many different factors can influence salary potential in the healthcare management field in New York, including:
- Experience:
- The number of years of experience you have in just about any given industry can significantly impact your earning potential. Entry-level healthcare management professionals may start at a lower salary, while those with extensive experience and expertise can command higher salaries.
- Education and certifications:
- Recent data from the BLS continues to suggest that people with a higher degree tend to make more on average. Plus, relevant industry certifications like the Certified Professional in Health Care Risk Management (CPHRM) and others could lead to higher earnings because of your speciality credentials.
- Type of employer:
- Larger companies often have more resources to provide competitive salaries and perks compared to smaller companies such as a private medical office with only one or several locations. That said, smaller employers have their own unique advantages as well.
- Geographic location and cost of living:
- Salaries can vary significantly depending on the location within New York. New York City has a notoriously high cost of living, for example, but it’s also the highest paying metro area in the state. Cities upstate have a lower cost of living by comparison. It’s essential to consider the cost of living when assessing salary offers and opportunities.
How can I know if I am being paid fairly as a healthcare manager in New York?
To determine if you’re being paid fairly as a healthcare manager in New York, start by researching salary benchmarks for the specific roles you are interested in. Look at industry reports, salary surveys and reputable job sites that provide compensation data. The Bureau of Labor Statistics is another great resource for comparing average salaries across the state, but other sites like Glassdoor and Payscale can provide valuable insights as well. Additionally, consider factors such as benefits, bonuses and job responsibilities that might affect your overall compensation. Networking with other professionals in similar roles or engaging with professional associations can also provide insights into standard pay rates within the region, but remember to adjust your expectations for cost of living differences in New York, especially in more expensive areas like New York City.
Remember to also keep your specific qualifications in mind. See if you can find information about what kinds of salaries are typical for employees that have similar education, experience and/or specialty credentials, as these can impact your earning potential for many different roles.
Education and training
The educational requirements for healthcare management professionals in New York can vary a lot based on the specific role and employer. With so many different jobs falling under the umbrella of healthcare management, it’s hard to pinpoint any specific requirements. However, most healthcare managers have a bachelor’s degree at minimum. Many healthcare managers also choose to advance their education with a master’s degree as well. Popular fields of study for healthcare managers at the undergraduate and/or graduate level include:
- Healthcare administration
- Healthcare management
- Public health
- Health sciences
- Business administration
Additionally, ongoing professional development and industry-specific training can significantly contribute to your knowledge and advancement within the healthcare management field.
Cost of living considerations
When evaluating healthcare manager salaries in different areas of New York, it’s crucial to consider the cost of living. The cost of housing, transportation, health care and other expenses can vary across cities or regions within New York, which can affect how “good” or “bad” salaries in these regions really are. By assessing cost of living, it can help you gauge how salaries align with local expenses so you can make more informed decisions about job opportunities or potential relocation.
Despite the high salaries that New York tends to demand in this industry, it’s also place with a very high cost of living at 27% higher than the national average according to RentCafe. Housing alone accounts for a lot of this, as housing in New York is 80% more expensive than the average prices nationwide. Unsurprisingly, New York City—and even more so in Manhattan specifically—is the most expensive area in the state with a cost of living that’s 76% higher than the national average.
However, these figures vary for other areas in the state. Places like Albany, Syracuse and Ithaca have a lower cost of living than NYC, but they’re still higher than the national average. Buffalo, Ilion, Rochester and Utica, on the other hand, have a cost of living that is the same or lower than the national average.
New York professional associations for healthcare managers
Joining a professional association within the industry can be a fantastic opportunity to network with other professionals, stay current with the latest industry trends and developments and get access to a range of benefits that many membership organizations offer.
- The Healthcare Leaders of New York (HLNY) is a chapter of the American College of Healthcare Executives (ACHE) serving the New York City metropolitan area specifically.
- A local chapter of the American Health Information Management Association (AHIMA), the New York Health Information Management Association (NYHIMA) is a membership organization for health information management professionals.
- The New York chapter of the American College of Health Care Administrators (ACHCA) is a non-profit professional association that provides educational programming, networking and career development opportunities for its members.
Find healthcare management salaries for different states
If you’re beginning your search to find the right state to practice your healthcare management education, read our comprehensive and informative salary guides for some popular states: California | New Jersey | New York | Texas