Medical Practice Manager Salary

Total annual pay for Medical Practice Managers is approximately $55K, and commissions account for a significant portion of this final number — close to two-fifths on average. Cash earnings for Medical Practice Managers — which occasionally include more than $8K from bonuses and more than $7K from profit sharing — stretch from around $39K to approximately $82K. Geography is the biggest factor affecting pay for this group, followed by career duration. The majority of Medical Practice Managers claim high levels of job satisfaction. Unfortunately, some people in this line of work are without benefits — just over a fifth lack coverage. On the flip side, a strong majority have medical insurance and around half receive dental plans. Female Medical Practice Managers far outnumber their male contemporaries among survey respondents. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$40,623 - $82,143
(Median)
$41K
$56K
$82K
MEDIAN: $56,364
10%
50%
90%

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$15.34 - $29.67
(Median)
$15
$22
$30
MEDIAN: $21.00
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$28K$56K$84K
Salary
$40,623 - $82,143  
   
Bonus
$0.00 - $7,919  
Profit Sharing
$400.00 - $7,000  
Commission
$22,500  
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).
)
$39,469 - $81,904  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 831
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$16$32$48
Hourly Rate
$15.34 - $29.67  
   
Overtime
$0.00 - $45.73  
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$32K$64K$96K
Bonus
$0.00 - $7,919  
   
Commission
$22,500  
Profit Sharing
$400.00 - $7,000  
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).
)
$39,469 - $81,904  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 191
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Job Description for Medical Practice Manager

A medical practice manager oversees the day-to-day operations of the medical facility. They typically supervise all office staff, and they are usually given responsibility for those hiring decisions. The normal duties of the medical practice manager involve scheduling of patients, maintaining records and overseeing any records clerks. They will usually work to ensure that systems regarding billing and insurance interfaces are maintained as well. The medical practice manager needs strong computer skills and is expected to be fluent with all aspects of general office software, as well as specific programs that handle billing, records, and scheduling. The medical practice manager may be required to update their own training and education as various regulations regarding insurance change over time.

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Medical Practice Manager Tasks

  • Implement programs and procedures to improve operations efficiency.
  • Manage staff and oversee budget and financial functions.
  • Manage overall operations of the specific practice’s business functions (e.g. payroll, bank accounts, accounts payable).

Common Career Paths for Medical Practice Manager


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While Medical Practice Managers do not often become Practice Administrators, the job pays $67K per year on average. Medical Practice Managers most often advance into Practice Manager and Medical Office Manager positions even though the median salaries are $1K lower and $12K lower, respectively.

Practice Manager Job Listings

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Popular Skills for Medical Practice Manager


Medical Practice Managers seem to exploit a large range of skills on the job. Most notably, facility with Information Technology Support and Accounting are correlated to pay that is significantly above average, leading to increases of 23 percent and 18 percent, respectively. Skills that seem to negatively impact pay include Billing, Medicaid & Medicare Billing, and Medical Coding. Most people who know Electronic Medical Records also know Medical Coding.

Pay by Experience Level for Medical Practice Manager

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience does not seem to be a strong driver of pay increase in this role. The average inexperienced worker earns $50K, and someone who has worked for five to 10 years can expect a bigger median salary of $54K. Medical Practice Managers bring in $56K after working for 10 to 20 years. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $60K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location

National Average: $54,572

Larger city markers indicate a job is popular in that location.

New York is home to an above-average pay rate for Medical Practice Managers, 30 percent higher than the national average. Medical Practice Managers can also look forward to large paychecks in cities like Orlando (+21 percent), Raleigh (+19 percent), Houston (+18 percent), and Chicago (+15 percent). Trailing the national average by 10 percent, Philadelphia is the market with the smallest paychecks. Dayton and Austin are a couple other places where companies are known to pay below the median — salaries tend to be 6 percent less than the median.

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Experience Affects Medical Practice Manager Salaries



National Average
$55,000



Skills That Affect Medical Practice Manager Salaries

Information Technology (IT) Support
up arrow 23%

Accounting
up arrow 18%

Human Resources
up arrow 3%

Operations Management
up arrow 1%

Medical Credentialing
0%

National Average
$55,000

Office Management
up arrow 1%

People Management
up arrow 1%

Electronic Medical Records (EMR)
up arrow 3%

Accounts Receivable
up arrow 3%


Medicaid & Medicare Billing
up arrow 7%

up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 165 votes.

Gender

Female
87 %
Male
13 %

Years of Experience

Less than 1 year
2%
1-4 years
17%
5-9 years
20%
10-19 years
31%
20 years or more
29%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 49%
medical benefits
Vision: 40%
dental benefits
None: 23%
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