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Career Information and Salary for a Doctor of Health Administration

Career News December 31, 2012

Though some health administration jobs require prospective job seekers to hold no more than a master degree, completing a Doctor of Health Administration program will open the door for professionals to seek higher-ranking positions in the field. Some instances candidates can obtain a position as a chief financial officer or chief executive officer. These positions attract high wages, and they are extremely competitive. In this article, we will look at the career path of a Doctor of Health Administration and discuss what an aspiring Doctor of Health Administration must do in order to pursue their career.

Career Options

Healthcare professionals with a Doctor of Health Administration (DHA) degree can aspire for top leadership positions in the industry. They can choose to be potential candidates for titles such as hospital vice president (VP), hospital chief financial officer (CFO), or hospital chief executive officer (CEO). While healthcare is not commonly perceived as being a business, running a healthcare institution or system calls for a lot of organization and the industry attracts top executives among job seekers within its field.

Responsibilities of a CFO

Institutions rely on the quality of their financial reports from their respective CFOs who are primarily responsible for the same (source: U.S. Bureau of Labor Statistics (BLS) – www.bls.gov). A CFO works to ensure that the financial statements are accurate; they involve themselves in the formulation of the organization’s goals and devising strategies to accomplish those goals. To fulfill these responsibilities, a CFO must work with a budget and oversee the manner in which money is spent within an organization, such as a hospital.

Responsibilities of a CEO

The responsibility for everything that transpires within a hospital is retained by a hospital CEO. The decision to the ultimate goal of the organization rests with the CEO. In a job that is management-centric, the CEO has to meet and consult regularly with other executives of the hospital in order to ensure maintenance of the organization. There are boards of directors in some hospitals and CEOs of such hospitals are required to function in lockstep with the boards. Though the CFO might have a say in the planning of the overall budget, the final say rests with the CEO.

Other Administrative Roles

The field of healthcare administration encompasses various job titles. For instance, there are nursing home administrators, clinical managers, department administrators, RN site supervisors, surgery center administrators and nursing services administrators, among several others. These are some of the best jobs available in the healthcare industry. Though a master degree might suffice for these kinds of jobs, a Doctor of Health Administration can improve a candidate’s chances of career advancement especially when combined with training, credentials and experience (source: BLS).

Wage Potential

These are high paying jobs, but the average annual salary of a DHA can vary in accordance with the level of education and training of a candidate, and the size of the organization in which they seek employment. In May 2009, the average annual salary of chief executives was $167,280. However, professionals at this level have the potential to earn much higher salaries. In July 2010, the top 10% of CEOs in the United States earned an average annual salary in excess of $1.1 million (source: Salary.com).

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Showing schools in your area

Matching School Ads
2 Program(s) Found
  • Change your life! Ultimate Medical Academy will be here every step of the way.
  • UMA is a nonprofit healthcare career school committed to helping you succeed.
  • Once you enroll, you’ll receive individualized student services like: Flexible online learning, Academic support, Access to one-on-one and group tutoring.
  • UMA’s Online Associate Degree Program offerings is tailored the meet the needs of the healthcare industry.
  • Since 1994, UMA has educated thousands of students across the nation at our online and Clearwater, FL campuses.
  • A criminal background check is an enrollment requirement at Ultimate Medical Academy.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Financial Aid
5 Program(s) Found
  • Liberty University provides a worldclass education from a christ-centered worldview
  • 100% online programs at associate, bachelor’s, master’s, and doctoral levels
  • No standardized testing if student meets admission requirements
  • Accredited by the Southern Association of Colleges and Schools Commission on Colleges
  • 87% of Liberty University students receive some form of financial aid
  • Accredited
  • Online Courses
  • Financial Aid
  • Transferable Credits
2 Program(s) Found
  • Topped the list as Best Online Bachelor’s Program in Virginia by U.S. News & World Report in 2019.
  • Regent is ranked among Top National Universities by U.S. News & World Report, 2019.
  • Flexible online, on-campus and evening courses offered in 135 areas of study, including Business, Nursing, Psychology, & more.
  • Regent is recognized among Top #10 Military Friendly Schools by Military Friendly®, 2019.
  • 88% of Regent University students receive financial aid, with $24 million awarded in institutional scholarships & aid in 2017-18.
  • Online Courses
1 Program(s) Found
  • Separate yourself from the pack by completing one of Saint Leo’s highly-rated Business degree programs. Associates, Bachelors, and Graduate degrees in highly sought-after concentrations available!
  • Learn the necessary skills and build the foundation to propel your business career by receiving an education from our faculty members with true real-world experience.
  • Saint Leo University provides academic excellence, flexibility, affordability, and a wide range of educational programs with financial aid and scholarships available to those who qualify.
  • Saint Leo offers a 14:1 Student-Teacher Ratio to ensure you get the personal attention you deserve.
  • Learn on your schedule with our 6 convenient available start dates throughout the year. Get started on earning your accredited Business degree today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Which career path will you take – Business, Nursing, Education, Psychology? Something else? GCU offers more than 100 majors to get you started!
  • Colangelo College of Business: Features more than 25 programs from the bachelor through the master's level, including several high-demand MBA programs and an accelerated accounting degree.
  • College of Nursing and Health Care Professions: Rich 25-year history providing outstanding health care and nursing degree programs, including an RN to BSN program & master's in nursing degrees.
  • College of Education: Whether you are looking to start or advance your career as a teacher or administrator, GCU offers bachelor’s and master’s in education degrees in key areas.
  • College of Humanities and Social Sciences: Provides a job focused education and features a variety of programs from counseling and psychology to justice studies, history and English literature.
  • Does something else interest you? GCU also offers programs in Doctoral Studies; Theology; Science, Engineering & Technology; and Fine Arts & Production. Speak with an enrollment counselor today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits

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