Compensation for Chief Medical Officers in the United States is generous, with average pay surpassing six figures annually ($277K). Including potential for bonuses and profit sharing — peaking near $87K and $52K, respectively — total cash payment to Chief Medical Officers can bottom out near $181K or peak near $407K depending on individual performance. Residence and experience level each impact pay for this group, with the former having the largest influence. Male Chief Medical Officers are more prevalent than women among those who took the survey — 68 percent of professionals. For the most part, Chief Medical Officers enjoy their work and report high levels of job satisfaction. Almost all enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$181,615 - $372,072
(Median)
$180K
$280K
$370K
MEDIAN: $276,748
10%
50%
90%

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$30.90 - $155.34
(Median)
$31
$120
$160
MEDIAN: $121.00
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
$181,615 - $372,072  
   
Bonus
$5,918 - $86,822  
Profit Sharing
$0.00 - $51,521  
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).
)
$180,950 - $407,373  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 315
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
$30.90 - $155.34  
   
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
$5,918 - $86,822  
   
Profit Sharing
$0.00 - $51,521  
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).
)
$180,950 - $407,373  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 14
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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

  • 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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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. During their first five years in the workforce, individuals in this position earn $276K on average. Survey participants with five to 10 years under their belts see an only a slightly bigger average of $285K. People with 10 to 20 years of experience make an average of about $299K in this role. After two decades in the workforce, the average Chief Medical Officer generally earns more than ever; median pay for this group is estimated at $313K.

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


Experienced
up arrow 2%

National Average
$294,000

Mid-Career
up arrow 3%

Entry-Level
up arrow 6%

Skills That Affect Chief Medical Officer (CMO) Salaries

People Management
up arrow 20%


Quality Improvement / QA
up arrow 8%

Internal Medicine
up arrow 4%

Leadership
0%

Strategic Planning
0%

National Average
$294,000

Physician
up arrow 15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
22%
10-19 years
29%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 91%
dental benefits
Dental: 79%
medical benefits
Vision: 65%
dental benefits
None: 6%
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