Chief Medical Officer (CMO) Salary

Chief Medical Officers receive generous compensation in the United States — earning an average of $277K per year, their standard salaries shoot well into the six-figure range. Total cash compensation to Chief Medical Officers approaches anywhere from $179K on the lower end to $418K on the higher end; in exceptional cases, this can include more than $97K from bonuses and upwards of $51K from profit sharing. Geographic location and tenure each impact pay for this group, with the former having the largest influence. The majority of Chief Medical Officers claim high levels of job satisfaction. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$176,272 - $363,059
MEDIAN: $277,030

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
$176,272 - $363,059  
$0.00 - $96,722  
Profit Sharing
$0.00 - $51,147  
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).
$179,050 - $417,743  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 365
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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 seem to require a number of specific skills. Most notably, skills in People Management, Leadership, IT Management, and Internal Medicine are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, 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.

Chief Medical Officers with a lot of experience do not necessarily enjoy more money. Individuals who have worked for fewer than five years report earning $287K on average, a generous six-figure sum for those just starting out. Chief Medical Officers who work for 10 to 20 years in their occupation tend to earn about $299K. 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 $312K.

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

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Skills That Affect Chief Medical Officer (CMO) Salaries

People Management
up arrow 19%

up arrow 18%

IT Management
up arrow 2%

National Average

Internal Medicine
up arrow 13%

up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 50 votes.


20 %
80 %

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: 86% dental benefits Dental: 72%
vision benefits Vision: 59% employee benefits None: 9%