Chief Medical Officer (CMO) Salary

On average, Chief Medical Officers in the United States earn six-figure salaries ($278K) annually, making for a very well-paid profession. With some bonuses approaching $96K and certain profit sharing proceeds approaching $60K, overall incomes of Chief Medical Officers spread between $180K and $421K depending on individual performance. Geography and experience level each impact pay for this group, with the former having the largest influence. Male Chief Medical Officers are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Job satisfaction is high and work is enjoyable for most Chief Medical Officers. Respondents to the PayScale salary survey provided the data for this report.
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$176,993 - $364,908

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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.
$176,993 - $364,908  
$0.00 - $96,156  
Profit Sharing
$0.00 - $59,598  
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).
$180,267 - $420,751  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 392
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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.


Chief Medical Officer (CMO) Tasks

  • 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.
  • Provide training for new doctors, and keep medical staff up to date on facility regulations and procedures.
  • 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.

Chief Medical Officer (CMO) Job Listings

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Chief Medical Officers report using a diverse set of skills on the job. Most notably, skills in People Management, Leadership, IT Management, and Strategic Planning are correlated to pay that is above average, with boosts between 3 percent and 18 percent. Skills that seem to negatively impact pay include Physician and Internal Medicine.

Pay by Experience Level for Chief Medical Officer (CMO)

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

For many Chief Medical Officers, extensive experience does not lead to significantly more money. Those in the early stages of their career can expect to make around $270K; however, individuals with five to 10 years of experience bring in $292K on average — a distinctly larger sum. The average pay reported by folks with 10 to 20 years of experience is around $298K. As Chief Medical Officers reach more than two decades on the job, compensation remains commensurate with experience; the average pay in this group is $319K.

Chief Medical Officer (CMO) Advice

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

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Experience Affects Chief Medical Officer (CMO) Salaries


National Average

up arrow 2%

up arrow 9%

Skills That Affect Chief Medical Officer (CMO) Salaries

People Management
up arrow 18%

IT Management
up arrow 3%

National Average

Strategic Planning
up arrow 1%

Internal Medicine
up arrow 11%

up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 48 votes.


22 %
78 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 73%
vision benefits Vision: 59% employee benefits None: 9%