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Chief Medical Officer (CMO) Salary

A Chief Medical Officer (CMO) earns an average salary of $273,208 per year. Pay for this job does not change much by experience, with the most experienced earning only a bit more than the least. A skill in Leadership is associated with high pay for this job.
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$167,040 - $366,869
(Median)
$170K
$270K
$370K
MEDIAN: $273,208
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$140K$280K$420K
Salary
$167,040 - $366,869  
   
Bonus
$0.00 - $96,976  
Profit Sharing
$0.00 - $49,132  
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).
)
$175,816 - $417,805  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 341

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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 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

United States (change)

Experience Affects Chief Medical Officer (CMO) Salaries

Late-Career
up arrow 5%

Experienced
0%

National Average
$297,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 10%

Skills That Affect Chief Medical Officer (CMO) Salaries

Leadership
up arrow 22%

National Average
$297,000

IT Management
up arrow 2%

Internal Medicine
up arrow 7%

Physician
up arrow 16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 63 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
2%
1-4 years
11%
5-9 years
16%
10-19 years
32%
20 years or more
39%

Common Health Benefits

medical benefits Medical: 87% dental benefits Dental: 70%
vision benefits Vision: 56% employee benefits None: 10%