Healthcare Risk Management Manager Salary

A Healthcare Risk Management Manager earns an average salary of $72,945 per year.
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$48,925 - $101,157
$49K
$74K
$100K
MEDIAN: $74,361
10%
50%
90%

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$20.20 - $50.68
$20
$33
$51
MEDIAN: $33.19
10%
50%
90%

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$0$101K
Salary $48,925 - $101,157
Bonus $0.00 - $9,978
Profit Sharing $2,200
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).
)
$49,661 - $101,312
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 80
Hourly Data $0$50
Hourly Rate $20.20 - $50.68
Overtime $43.98
Annual Data $0$101K
Bonus $0.00 - $9,978
Profit Sharing $2,200
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).
)
$49,661 - $101,312
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 17

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Healthcare Risk Management Manager

The role of a health care risk manager is vital to medical care facilities. They are responsible for minimizing the risks of accidents and errors that could end up costing the facility a lot of money in insurance and malpractice claims. In order to accomplish this, they must perform a wide variety of tasks, including creating and implementing policies to improve patient care and ensure employee safety. Risk managers may be required to work with the facility's legal team in case a malpractice situation or a workers compensation claim occurs.

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Healthcare Risk Management Manager Tasks

  • Oversee day-to-day operations of the risk management program.
  • Ensure services are in compliance with professional, HIPPA, and JCAHO standards, state and federal regulatory requirements.
  • Create and implement educational programs to promote risk management in the organization.
  • Examine, analyze and report on risk data to determine potential loss.
  • Gather, analyze and retain claims, worker's comp, or any associated risk data.

Healthcare Risk Management Manager Job Listings

Pay by Experience Level for Healthcare Risk Management Manager

Pay by Experience for a Healthcare Risk Management Manager has a positive trend. An entry-level Healthcare Risk Management Manager with less than 5 years of experience can expect to earn an average total compensation of $67,000 based on 50 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Healthcare Risk Management Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $73,000 based on 41 salaries. An experienced Healthcare Risk Management Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $76,000 based on 27 salaries. A Healthcare Risk Management Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $93,000 based on 17 salaries.

Healthcare Risk Management Manager Advice

Q: What is it like working as a Healthcare Risk Management Manager?

Healthcare Risk Management Manager in Chattanooga:
"Life In Risk Management."
As a Risk Manager, the one thing to keep in mind is that you must be flexible. You will make plans for your day and then your day may well take a vastly different direction. It will make report preparation a challenge. It will make organization a challenge. It will be important that as you respond to requests for information and advice, you take the time to care for yourself. Risk Managers work in a somewhat isolated environment in the hospital, dealing with confidential matters. Very few understand what we do. Work to make yourself and Risk Management an important member of the organization. Be visible. Do not bring your work home with you. It will be good for neither your nor your family.

Related Job Salaries

Key Stats for Healthcare Risk Management Manager

Gender

Female
78 %
Male
23 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
5%
1-4 years
28%
5-9 years
25%
10-19 years
27%
20 years or more
15%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Healthcare Risk Management Manager Salaries

Late-Career
▲24%

Experienced
▲2%

National Average
$75,000

Mid-Career
▼3%

Entry-Level
▼11%

Job Satisfaction

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

Gender

Female
78 %
Male
23 %

Years of Experience

Less than 1 year
5%
1-4 years
28%
5-9 years
25%
10-19 years
27%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 79%
vision benefits
Vision: 70%
no benefits
None: 8%
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