Here are four factors influencing ASC administrator salaries in 2010, according to various sources.
1. Clinical background and CASC credential. Administrators with a clinical background did not necessarily earn higher salaries than those without a clinical background, according to data from the ASC Association's 2010 ASC Employee Salary & Benefits Survey. ASC administrators with a CASC credential and no clinical background earned a median salary of $110,000, while administrators with a CASC credential and a clinical background earned $105,000.
In 2009, administrators who achieved the CASC credential earned higher salaries than those who did not. The median salary of administrators with a CASC credential and a clinical background in 2009 was $105,000, while administrators with a clinical background but no CASC credential earned $89,500. Administrators who held a CASC credential and no clinical background in 2009 earned $102,000.
2. Region. According to VMG Health's 2010 Multispecialty ASC Intellimarker, administrator salaries differed slightly based on where the ASC was located in the United States. ASC administrators in the western United States earned an average annual salary of $115,000, while administrators in the Southwest earned $100,390. Midwest administrators earned $89,000 annually, Southeast administrators earned $106,811 and Northeast administrators earned $102,000.
The highest-paying region for ASC administrators in 2010 was the Western United States, while the Midwest was the lowest-paying region.
3. Number of operating rooms. Administrators in ASCs with a higher number of ORs earned higher salaries, according to VMG Health's 2010 Multispecialty ASC Intellimarker. According to the study, administrators in ASCs with 1-2 ORs made $105,792 in annual compensation, compared to $106,573 for administrators in ASCs with 3-4 ORs. Administrators in ASCs with more than four ORs made $109,235 in average annual compensation, the highest of all three groups.
In 2009, a Becker's ASC Review reader said, "ASC administrators should be paid based on the number of ORs and procedures performed in their ASC." The reader said he or she received $110,000 per year for six ORs, a rate he or she called "a fair wage." The reader added that administrators with six ORs should not earn less than $95,000 per year and could earn as much as $130,000 annually.
4. Net revenue. It makes sense that ASCs with higher net revenue can afford to pay their administrators higher salaries. According to VMG Health, the highest administrator salaries were paid to those centers with the highest net revenues. ASCs that reported net revenues of less than $4,500,000 annually paid their administrators an average annual salary of $100,942. ASCs with net revenues of $4,500,000-$6,999,999 paid their administrators $103,063, and ASCs with net revenues of more than $6,999,999 paid administrators $114,700.
In 2009, a Becker's ASC Review reader from New Jersey said some centers in his or her state distribute bonuses to administrators based on net profit.
Learn more about VMG Health's 2010 Multispecialty ASC Intellimarker.
Learn more about the ASC Association's 2010 ASC Employee Salary & Benefits Survey.
1. Clinical background and CASC credential. Administrators with a clinical background did not necessarily earn higher salaries than those without a clinical background, according to data from the ASC Association's 2010 ASC Employee Salary & Benefits Survey. ASC administrators with a CASC credential and no clinical background earned a median salary of $110,000, while administrators with a CASC credential and a clinical background earned $105,000.
In 2009, administrators who achieved the CASC credential earned higher salaries than those who did not. The median salary of administrators with a CASC credential and a clinical background in 2009 was $105,000, while administrators with a clinical background but no CASC credential earned $89,500. Administrators who held a CASC credential and no clinical background in 2009 earned $102,000.
2. Region. According to VMG Health's 2010 Multispecialty ASC Intellimarker, administrator salaries differed slightly based on where the ASC was located in the United States. ASC administrators in the western United States earned an average annual salary of $115,000, while administrators in the Southwest earned $100,390. Midwest administrators earned $89,000 annually, Southeast administrators earned $106,811 and Northeast administrators earned $102,000.
The highest-paying region for ASC administrators in 2010 was the Western United States, while the Midwest was the lowest-paying region.
3. Number of operating rooms. Administrators in ASCs with a higher number of ORs earned higher salaries, according to VMG Health's 2010 Multispecialty ASC Intellimarker. According to the study, administrators in ASCs with 1-2 ORs made $105,792 in annual compensation, compared to $106,573 for administrators in ASCs with 3-4 ORs. Administrators in ASCs with more than four ORs made $109,235 in average annual compensation, the highest of all three groups.
In 2009, a Becker's ASC Review reader said, "ASC administrators should be paid based on the number of ORs and procedures performed in their ASC." The reader said he or she received $110,000 per year for six ORs, a rate he or she called "a fair wage." The reader added that administrators with six ORs should not earn less than $95,000 per year and could earn as much as $130,000 annually.
4. Net revenue. It makes sense that ASCs with higher net revenue can afford to pay their administrators higher salaries. According to VMG Health, the highest administrator salaries were paid to those centers with the highest net revenues. ASCs that reported net revenues of less than $4,500,000 annually paid their administrators an average annual salary of $100,942. ASCs with net revenues of $4,500,000-$6,999,999 paid their administrators $103,063, and ASCs with net revenues of more than $6,999,999 paid administrators $114,700.
In 2009, a Becker's ASC Review reader from New Jersey said some centers in his or her state distribute bonuses to administrators based on net profit.
Learn more about VMG Health's 2010 Multispecialty ASC Intellimarker.
Learn more about the ASC Association's 2010 ASC Employee Salary & Benefits Survey.