How Much Can I Earn with an MS in Health Informatics?

A Master of Science degree program can help you take the next step in your career. It increases your knowledge, shows that you’re dedicated to your field, and could help you gain an advanced position or promotion. With a Master’s Degree in Health Informatics, you could be a valuable asset to a healthcare team, qualify for management positions, and potentially earn up to six figures and beyond! Find out what factors can affect your salary and what positions pay well.

Advance Your Degree, Advance Your Salary

The field of health informatics needs well-trained professionals with advanced skills. With your master’s degree, you can fill a shortage in the workforce and advance your career at the same time. And there are many healthcare informatics career paths to choose from. Whether you choose to dive into the data as a Health Data Scientist or lead a team from the top as a Chief Medical Information Officer, there’s a path to get there when you have your MS in Health Informatics. The average salary for a Health Data Scientist in the U.S. is $113,000 and the average salary for a Chief Medical Information Officer is $127,000. But in both positions, you could earn even more. A few more examples of average base salaries for people with the MS in Health Informatics degree include:

• Medical Records Administrator: $67,000
  • As a medical records administrator, you organize, maintain, and secure patient medical records, allowing access only to authorized personnel, providers, and insurance companies.
• Electronic Health Records Implementation Specialist: $76,000
  • As an EHR implementation specialist, you help the healthcare team adopt EHR systems, with training, data safety, and quality control.
• Clinical Information Analyst: $84,000
  • As a clinical data analyst, you examine and verify data and ensure that proper protocols are followed to improve quality.
• EHR Project Manager: $86,000
  • As the EHR project manager, you oversee the implementation and update to EHR systems.
• Health Informatics Consultant: $87,000
  • With your vast knowledge from an advanced degree program and experience in the field, you can work as a health informatics consultant at a firm providing these services, or independently.

It’s important to note that for each of the roles, these are base salaries, which means there is the likelihood of earning more. But what you earn in any role depends on several factors.

Factors that Influence MS in Health Informatics Salaries:

Geography
The average salary for health informaticists will vary by region. The top salaries are seen in the Pacific Northwest, but the southeast has the fourth highest salaries in the nation.

Experience
Your salary will also be greatly influenced by how many years’ experience you have in the field. The more experience you have, the more you can expect to earn.

Credentials
Your degree and any other credentials you attain will prove your advanced knowledge and can help you seek out advanced positions and negotiate a higher salary.

Facility
Where you work will also greatly affect the salary you earn. For-profit, nonprofit, government, research, and academic settings all prioritize and pay differently.

Demand
As with any role, you can ask for a higher salary when the supply of skilled workers does not meet demand. The healthcare industry is expected to add more jobs than any other sector through 2030 and professionals who can handle its technology needs are critical members of any healthcare team.

Are you ready to advance your career and earn more money? At Limestone University, we offer a Master of Science in Health Informatics that can help you achieve your goals in this fast-growing field. Click the button to learn more.

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