Nursing Home Administrator Salary
Job Description for Nursing Home Administrator
A nursing home administrator's main function is the management of the residents in a nursing home. They oversee development and implementation of the facility management system, as well as supervise and coordinate the work of all departments. Typically a nursing home administrator provides oversight of the facility's quality assurance process; to do this, they must have good working knowledge of relevant local, federal, and state laws.Read More...
A nursing home administrator must be able to plan, implement, and evaluate nursing services, ensuring residents receive high-quality care; they must do the same with the facility's food service and recreational programs, making sure the food and activities meet the residents' needs.
These administrator also have many financial duties, including being able to develop and manage the budget and effectively use the facility's financial resources. He or she must also be able to negotiate and implement contractual agreements, such as consultative services, as well as ensure the protection of the facility's assets related to insurance and risk management. They must also work with the facility's staff members, training and educating them on financial management.
A potential candidate for this position must have licensing to work as a nursing home administrator in a skilled nursing facility. The amount of experience needed differs by employer. Nursing home administrators are expected to participate in continuing education to improve their skills and keep up with industry developments.
Nursing Home Administrator Tasks
- Oversee staff operations, business planning and budget development.
- Ensure services are in compliance with professional boarding home standards, state and federal regulatory requirements.
- Plan and direct the nursing program.
- Maintain relationships with patients and families.
- Oversee inventory, order processing and distribution of products and services.
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Popular Employer Salaries for Nursing Home Administrator
Golden LivingCenters leads the field in terms of pay, with a median salary of $97K.
Popular Skills for Nursing Home Administrator
Nursing Home Administrators seem to require a number of specific skills. Most notably, facility with Regulatory Compliance, Medicaid & Medicare Regulation, and People Management are correlated to pay that is significantly above average, leading to increases of 25 percent, 16 percent, and 5 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Human Resources and Leadership. Those educated in Budget Management tend to be well versed in People Management and Human Resources.
Pay by Experience Level for Nursing Home Administrator
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Experience and pay tend to be weakly linked for Nursing Home Administrators — those with more experience do not necessarily bring in higher earnings. Salaries for the relatively untried average out to around $75K, but survey participants with five to 10 years of experience earn a significantly higher median of $90K. Nursing Home Administrators see a median salary of $95K after reaching one to two decades on the job. Professionals who have racked up more than two decades of experience enjoy comfortable salaries; at this stage, median wages are a cushy $101K.
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