Chief Medical Officer (CMO) Salary (United States)

Salaries for Chief Medical Officers in the United States are generous, with average pay above six figures ($288,448) per year. Total cash compensation approaches anywhere from $154,421 on the lower end to $359,710 on the higher end; in exceptional cases, this can include more than $100K from bonuses and upwards of $50K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Male Chief Medical Officers are far more common in the field than their female counterparts, who typically comprise less than one-third of the field. Most workers in this position report high levels of job satisfaction. This outline is derived from replies to PayScale's salary survey.
Chief Medical Officer (CMO) Salary (?
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.
)
$154,421 - $359,710
(Median)
150K
200K
260K
310K
360K
MEDIAN: $256,925
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px

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$140K$280K$420K
Salary
$154,421 - $359,710  
   
Bonus
$0.00 - $96,977  
Profit Sharing
$0.00 - $50,000  
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).
)
$167,794 - $413,003  
PayScale
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 296
Is Chief Medical Officer (CMO) your job title? Get a personalized salary report!
Location:
United States (change)
Years in Field/Career:

Job Description for Chief Medical Officer (CMO)

  • 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

Search for more jobs:
job title / company
location

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 less experience do not necessarily bring home smaller paychecks. In fact, experience in this field tends to have little impact on salary. Six-figure salaries are typical for those just entering the industry—pay starts at $260,360 per year. Compensation is $291,889 after 10 to 20 years. Chief Medical Officers experience only minor salary growth after working for two decades, bringing in around $302,154. Chief Medical Officers with more than 20 years of experience are most common in the field, followed by those with 10 to 20 years and one to 10 years. Workers who have been working for one to 10 years are hardest to find.

Pay Difference By Location

Chicago
up arrow 16%
Phoenix
up arrow 13%
Philadelphia
up arrow 11%
New York
up arrow 8%
National Average
$288,000
Miami
up arrow 16%
Larger circles over a city indicate a job is popular in that location.
With a pay rate for Chief Medical Officers that is 16 percent greater than the national average, Chicago offers a comfortable salary for those in this profession. Chief Medical Officers will also find cushy salaries in Phoenix (+13 percent) and Philadelphia (+11 percent). Trailing the national average by 16 percent, Miami is the market with the smallest paychecks.

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 5%
Experienced
up arrow 1%
Mid-Career
up arrow 1%
National Average
$288,000
Entry-Level
up arrow 10%

Skills That Affect Chief Medical Officer (CMO) Salaries

National Average
$288,000
IT Management
up arrow 8%
Physician
up arrow 15%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 72 votes.

Gender

Female
21%
female alumni
 
Male
79%
male alumni

Years of Experience

Less than 1 year
3%
1-4 years
11%
5-9 years
14%
10-19 years
34%
20 years or more
38%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 69%
vision benefits Vision: 54% employee benefits None: 9%
Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -