Chief Medical Officers in the United States can expect to earn a very generous salary, with average salaries (in the ballpark of $274K) surpassing six figures annually. Including potential for bonuses and profit sharing — peaking near $88K and $61K, respectively — total cash payment to Chief Medical Officers can bottom out near $181K or peak near $404K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by tenure. More than half of Chief Medical Officers (67 percent) survey respondents are men. Nearly all enjoy medical while most get dental coverage. Vision coverage is also available to a majority. Job satisfaction is reported as high by the vast majority of workers. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$181,650 - $370,733
$180K
$270K
$370K
MEDIAN: $274,322
10%
50%
90%

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$30.82 - $182.28
$31
$120
$180
MEDIAN: $119.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$140K$280K$420K
Salary
$181,650 - $370,733  
   
Bonus
$4,848 - $87,770  
Profit Sharing
$0.00 - $61,277  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$180,662 - $403,895  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 294
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70$140$210
Hourly Rate
$30.82 - $182.28  
   
Overtime
$47.40  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$140K$280K$420K
Bonus
$4,848 - $87,770  
   
Profit Sharing
$0.00 - $61,277  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$180,662 - $403,895  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 13

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Chief Medical Officer (CMO)

Chief medical officers (CMOs) are responsible for leading and supervising all medical activities and professionals on behalf of their organization. They are in charge of developing initiatives to increase medical satisfaction, modifying service delivery methods, and researching current clinical trends and patient care methods to modify existing models. They communicate with suppliers, staff, and patients and their families to gather feedback to help improve service processes. These leaders also provide internal support in terms of strategic and operational direction.

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Chief Medical Officer (CMO) Tasks

  • Supervise the doctors and manage the health programs at a medical facility.
  • Attend meetings with the hospital's board of directors and administration to discuss hospital improvements, policies, procedures, or other matters.
  • Provide training for new doctors, and keep medical staff up to date on facility regulations and procedures.
  • Ensure the hospital remains in compliance with all government regulations, accreditation programs, and facility policies.
  • Coordinate with doctors and administration to monitor the quality of and continue to maintain standards of care.

Chief Medical Officer (CMO) Job Listings

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Pay by Experience Level for Chief Medical Officer (CMO)

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Chief Medical Officers do not generally earn higher incomes from more experience in the field. Salaries can reach six figures almost right off the bat; beginning workers who have less than five years' experience bring in a median of $283K per year. Chief Medical Officers claiming one to two decades of experience make an estimated median of $295K. In the end, more experience does seem to mean larger paychecks; seasoned Chief Medical Officers with more than 20 years of experience earn a predictably higher median salary of $315K.

Chief Medical Officer (CMO) Advice

Q: What do you wish you knew about your job when you first started out?

Chief Medical Officer (CMO) in Longview:
"Stay Focused."
Delegate. Take some time for yourself to unwind. Be lavish with your praise of the team. Laugh more often.

Chief Medical Officer (CMO) in El Centro:
"Internal Politics."
Be very aware of internal politics and relationships to be successful. Sometimes the content of knowledge is not what is needed to be successful but the relationships you gave are.

Related Job Salaries

Key Stats for Chief Medical Officer (CMO)

Gender

Female
33 %
Male
67 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.
Less than 1 year
1%
1-4 years
18%
5-9 years
22%
10-19 years
26%
20 years or more
32%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Chief Medical Officer (CMO) Salaries


Experienced
up arrow 1%

National Average
$293,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 4%

Skills That Affect Chief Medical Officer (CMO) Salaries

People Management
up arrow 20%

Quality Improvement / QA
up arrow 13%


Internal Medicine
up arrow 4%

Leadership
0%

Strategic Planning
0%

National Average
$293,000

Physician
up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 24 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
1%
1-4 years
18%
5-9 years
22%
10-19 years
26%
20 years or more
32%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 81%
vision benefits
Vision: 66%
dental benefits
None: 5%
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