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Chief Medical Officer (CMO) Salary

The average salary for a Chief Medical Officer (CMO) is $268,130 per year. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least.
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$161,358 - $365,643
(Median)
$160K
$270K
$370K
MEDIAN: $268,130
10%
50%
90%

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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.
)
$0$150K$300K$450K
Salary
$161,358 - $365,643  
   
Bonus
$0.00 - $97,821  
Profit Sharing
$0.00 - $49,665  
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).
)
$173,621 - $420,390  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 313
United States (change)

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 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

Experience Affects Chief Medical Officer (CMO) Salaries

Late-Career
up arrow 4%

Experienced
up arrow 1%

Mid-Career
0%

National Average
$295,000

Entry-Level
up arrow 9%

Skills That Affect Chief Medical Officer (CMO) Salaries

National Average
$295,000

IT Management
up arrow 2%

Physician
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 67 votes.

Gender

Female
22 %
Male
78 %

Years of Experience

Less than 1 year
2%
1-4 years
10%
5-9 years
15%
10-19 years
33%
20 years or more
41%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 69%
vision benefits Vision: 55% employee benefits None: 9%