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How much do hospital business manager jobs pay per year?

As of Aug 15, 2026, the average yearly pay for hospital business manager in the United States is $71,285.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,000.00 and $82,500.00 per year, depending on experience, location, and employer.

What are some common challenges faced by hospital business managers and how can they be addressed?

Hospital Business Managers often navigate challenges such as balancing operational efficiency with high-quality patient care, managing budgets amid rising healthcare costs, and adapting to frequent regulatory changes. Proactive communication with clinical staff, staying updated on healthcare regulations, and implementing effective data-driven decision-making can help address these challenges. Building strong relationships across departments and fostering a culture of collaboration are also key to successfully managing these complexities and driving hospital growth.

What are the key skills and qualifications needed to thrive as a hospital business manager?

To thrive as a Hospital Business Manager, you need a strong background in healthcare administration, financial management, and business operations, typically supported by a relevant degree such as healthcare administration, business, or finance. Familiarity with hospital information systems (HIS), budgeting software, and regulatory compliance tools is essential, and certifications such as Certified Healthcare Financial Professional (CHFP) can be advantageous. Exceptional leadership, problem-solving, and communication skills help you manage teams, resolve conflicts, and coordinate efficiently with clinical and administrative staff. These skills and qualifications ensure effective hospital operations, financial sustainability, and high standards of patient care.

What does a hospital business manager do?

A Hospital Business Manager oversees the financial and administrative operations of a hospital. Their responsibilities include budgeting, financial planning, billing, contract negotiations, and ensuring compliance with healthcare regulations. They work closely with medical staff and department heads to optimize resources, improve efficiency, and enhance profitability. By managing business processes, they help ensure the hospital can provide quality care while remaining financially sustainable.

What is the difference between Hospital Business Manager vs Hospital Administrator?

AspectHospital Business ManagerHospital Administrator
CredentialsBachelor’s degree in healthcare management, business, or related field; certifications like Certified Healthcare Financial Professional (CHFP) are commonBachelor’s or Master’s degree in healthcare administration, public health, or related field; often holds certifications like Fellow of the American College of Healthcare Executives (FACHE)
Work EnvironmentFocuses on financial management, operations, and strategic planning within hospital departmentsOversees overall hospital operations, staff management, and policy implementation
Employer & Industry UsageUsed in hospitals, clinics, and healthcare organizations to manage business functionsCommonly used in hospitals and healthcare systems to oversee entire facility operations

The Hospital Business Manager primarily handles financial and operational aspects within specific departments or units, while the Hospital Administrator oversees the entire hospital's administration and strategic direction. Both roles require healthcare management knowledge but differ in scope and responsibilities.

More about Hospital Business Manager jobs

What cities are hiring for Hospital Business Manager jobs?

Cities with the most Hospital Business Manager job openings:

What states have the most Hospital Business Manager jobs?

States with the most job openings for Hospital Business Manager jobs include:

Infographic showing various Hospital Business Manager job openings in the United States as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $71,285 per year, or $34.3 per hour.

Pharmacy Business Manager

Nemours Children's Health

Orlando, FL • On-site

$60.75 - $71.50/hr

Other

Re-posted 14 days ago


Nemours Children's Health rating

8.1

Company rating: 8.1 out of 10

Based on 87 frontline employees who took The Breakroom Quiz

69th of 887 rated healthcare providers


Job description


Nemours Children's Health is seeking a Pharmacy Business Manager to join our Pharmacy team in Orlando, Florida.
Located in Orlando, Fla., Nemours Children's Hospital is the newest addition to the Nemours integrated healthcare system. Our 130-bed pediatric hospital also features the area's only 24-hour Emergency Department designed just for kids as well as outpatient pediatric clinics including several specialties previously unavailable in the region. A hospital designed by families for families, Nemours Children's Hospital blends the healing power of nature with the latest in healthcare innovation to deliver world-class care to the children of Central Florida and beyond. In keeping with our goal of bringing Nemours care into the communities we serve, we also provide specialty outpatient care in several clinics located throughout.
The Pharmacy Business Manager will partner with and provide direct support to the Director of Pharmacy Operations and Support Services to develop and maintain strategic, operating and financial plans to accomplish the Enterprise Mission and departmental financial goals.
The Pharmacy Business Manager is responsible for planning, evaluating, coordinating, administering, implementing and reviewing of all pharmacy financial activities. These activities include the preparation of the expense and capital budgets, preparation of financial reports and statistics, analysis and assessment of financial benchmark data, assisting with the evaluation of new programs that could impact the finances of the pharmacy, and in collaboration with the Pharmacy Support Services Manager assist in the management of supply expenses. This position will manage daily financial business issues and challenges for the Pharmacy Department including the overall maintenance and accuracy of the pharmacy charge master and pharmacy charge capture, identify cost saving opportunities and support implementation of efficient business operations. The Business Manager collaborates with the Pharmacy Managers, 340B Compliance Analyst and the Pharmacy Purchasers on financial related issues.
The Pharmacy Business Manager is also responsible for the management and compliance of the 340B drug discount program as it relates to the rules and guidance set forth by HRSA Office of Pharmacy Affairs (OPA).
  • Manages and ensures compliance with the 340B drug discount program
    • Develops policy and procedures related to the 340B program
    • Performs both self-audits and external audits
    • Oversees maintenance of the split billing software
    • Oversees 340B drug purchasing and inventory processes
    • Assists with coordinating the development, implementation, and evaluation of new contract pharmacy business.
    • Identifies and investigates growth opportunities for the 340B program, including potential expansion efforts and possible relationship ventures
    • Facilitates 340B Committee Meetings
  • Oversees the daily financial business for the department including interdepartmental billing, charging, and invoice processing for accounts payable/receivable for the Inpatient Pharmacy, Outpatient Pharmacy and Investigational Pharmacy.
  • In collaboration with leadership, develop and monitor operational and capital budgets, including revenue, expenses and operating margins. Assists with preparation of executive summaries and schedules for presentation to hospital administration.
  • Develop and maintain business processes related to revenue and expenses. Prepare analyses, which reflect appropriate opportunities for revenue enhancement and expense control.
  • Maintain departmental compliance with departmental and organizational policies and procedures relating to expense reimbursements and payment processes, i.e. travel, dues, subscriptions.
  • Prepare cost analysis for specific programs, procedures, or activity as requested or as necessary. Assist in analysis for new pharmacy business ventures.
  • Review/coordinate/prepare detailed financial data reports that support department financial performance (including monthly financial responsibility summary) to assist department management. Work with Pharmacy Managers in resolving problems related to financial issues and practices as well as assist with financial contract reviews.
  • Serve as a Pharmacy educator and resource to department members, and other members of the hospital as related to business processes, financial systems, and pertinent policies and procedures as related to the Pharmacy department and the 340B drug discount program.
  • Analyze and interpret financial data and make recommendations regarding cost saving opportunities and participate in cost containment initiatives.
  • Works with Legal and Contracts to establish contracts and agreements for the Pharmacy Department. Maintains and annually reviews existing contracts for compliance.
  • Point person for the development of a uniform pharmacy charge master for NCH, Florida. Participates in the development of the NCH, Florida pharmacy system as it relates to the revenue cycle. Maintains the Pharmacy's Charge master for medications ensuring that they are updated timely and accurately with new medications and changes in medication pricing.
  • Works as an integral member of the Pharmacy Leadership Team.
Job Requirements
  • Master's Degree or higher required.
  • Minimum of three (3) to five (5) years experience required.
  • Business management experience required in similar position and/or proven track record of success with similar job functions required in this role (preferred pharmacy business related experience).
  • Must have working knowledge of billing, budget preparation, and fiscal management.
  • Must have experience with 340B Program management.
  • Advanced knowledge and abilities to utilize Microsoft Excel.

#LI-EP1
About Us
Nemours Children's Health is an internationally recognized pediatric health system serving more than 1.7 million patient encounters each year. We deliver care across six states through two freestanding children's hospitals - Nemours Children's Hospital, Delaware and Nemours Children's Hospital, Florida - along with a network of more than 80 primary, urgent, and specialty care practices and more than 40 hospital partnerships.
Backed by the Nemours Foundation and Alfred I. duPont Trust, our $1.7B nonprofit system is dedicated to improving children's health through clinical care, research, education, advocacy, and prevention. Our Whole Child Health approach focuses equally on prevention and treatment, partnering with communities to help every child thrive.
Inclusion and belonging guide our strategy and growth. We are committed to culturally relevant care, reducing health disparities, and fostering an environment where every associate, patient, and family feels supported and valued.
Learn more at Nemours.org.

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About Nemours Children's Health

Sourced by ZipRecruiter

Nemours Children’s Health, situated in Rockland, Delaware, US, operates within the healthcare industry. The company is a prominent health system offering pediatric care in Delaware, New Jersey, Pennsylvania, and Florida. It was founded in 1936 by Alfred I duPont, philanthropist and industrialist, to improve the health of children. The core values of Nemours include quality, accountability, respect, and teamwork. Its mission is to provide leadership, institutions, and services to restore and foster a healthy tomorrow for children. The non-profit organization is unique in that its primary focus is on patient families, ensuring the highest standards of pediatric care. Notably, Nemours is consistently ranked among the top children's hospitals in the US and has its own renowned research center, the Nemours Biomedical Research.

Industry

Hospitals

Company size

5,001 - 10,000 Employees

Headquarters location

Rockland, DE, US

Year founded

1936