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Financial Manager Salary in Sector of Health Care and Social Assistance

The salary statistics of financial managers in the industry sector of health care and social assistance are shown in Table 1. In Table 2 we compare financial manager salaries in different industries within the health care and social assistance sector.

Average Annual Salary of Financial Managers

Percentile BracketAverage Annual Salary
10th Percentile Wage
$63,930
25th Percentile Wage
$81,790
50th Percentile Wage
$108,820
75th Percentile Wage
$147,350
90th Percentile Wage
$199,550

Table 1 shows the average annual salary for financial managers in the industry sector of health care and social assistance. The salaries are shown in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) financial managers is $199,550. The median annual salary (50th percentile) is $108,820. The average annual salary for the bottom 10 percent paid financial managers is $63,930.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of financial managers in the industry sector of health care and social assistance from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
2016108,8201.84%12.69%
2015106,8202.22%-
2014104,4504.12%-
2013100,1505.13%-
201295,010--

Compare Financial Manager Salary in Different Industries within the Health Care and Social Assistance Sector

The average salaries of financial managers in 41 industries in the health care and social assistance sector are shown below. We note that within this industry sector, the salaries vary among different industries. The highest paying industry for financial manager occupations is the specialty hospitals - privately owned industry with an annual salary $128,380. The lowest paying industry is the psychiatric and substance abuse hospitals - state government owned industry (annual salary $76,140). For detailed financial manager salary information in a particular industry, use the links provided below.

Industry Name Median Annual Salary
Specialty hospitals - Privately owned
$128,380
Specialty (except Psychiatric and Substance Abuse) Hospitals
$128,060
Specialty hospitals - State government owned
$126,010
Hospitals - Privately owned
$124,910
General Medical and Surgical Hospitals - Privately owned
$124,830
General Medical and Surgical Hospitals - State government owned
$123,710
General Medical and Surgical Hospitals
$123,060
Hospitals (including private, state, and local government hospitals)
$122,960
Offices of Mental Health Practitioners (except Physicians)
$122,230
Psychiatric and Substance Abuse Hospitals - Privately owned
$121,750
Medical and Diagnostic Laboratories
$121,500
All Other Ambulatory Health Care Services
$119,780
Hospitals - State government owned
$118,890
Other Ambulatory Health Care Services
$115,120
Hospitals - Local government owned
$111,540
General Medical and Surgical Hospitals - Local government owned
$111,430
Outpatient Care Centers
$109,460
Ambulatory Health Care Services
$109,240
Home Health Care Services
$108,240
Offices of Physicians
$108,020
Psychiatric and Substance Abuse Hospitals
$107,800
Offices of All Other Health Practitioners
$103,440
Offices of Other Health Practitioners
$101,870
Ambulance Services
$101,730
Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly
$101,180
Nursing Care Facilities (Skilled Nursing Facilities)
$99,770
Offices of Physical, Occupational and Speech Therapists, and Audiologists
$97,340
Outpatient Mental Health and Substance Abuse Centers
$96,640
Nursing and Residential Care Facilities
$95,560
Offices of Dentists
$93,850
Vocational Rehabilitation Services
$91,900
Community Food and Housing, and Emergency and Other Relief Services
$90,840
Other Residential Care Facilities
$89,900
Social Assistance
$89,460
Individual and Family Services
$89,200
Residential Mental Health and Substance Abuse Facilities
$89,170
Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities
$88,460
Residential Intellectual and Developmental Disability Facilities
$87,640
Services for the Elderly and Persons with Disabilities
$82,290
Child Day Care Services
$78,900
Psychiatric and Substance Abuse Hospitals - State government owned
$76,140

Data source: The national compensation survey conducted by the U.S. Bureau of Labor Statistics (BLS) in 2016 and published in April 2017 [1].




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