Medical Practice Manager Salary

Medical Practice Managers who are practiced in their profession and carry more than 10 years of experience make up around three in five of Medical Practice Managers. Pay fluctuates from $39K to $81K per year, but expected earnings average $56K annually. In the world of Medical Practice Managers, overall cash allowance can occasionally include more than $10K from bonuses and, in some exceptional cases, $9K from profit sharing, causing incomes to vary widely between $39K and $81K. Residence is the biggest factor affecting pay for this group, followed by experience level. Job satisfaction is reported as high by the vast majority of workers. About one in four of professionals in this line of work do not receive benefits; however, a strong majority report medical coverage and close to one-half claim dental coverage as well. Medical Practice Managers who responded to the questionnaire are largely women, dominating at 87 percent. Respondents to the PayScale salary survey provided the data for this report.
Read More
$40,309 - $80,670
(Median)
$40K
$56K
$81K
MEDIAN: $55,555
10%
50%
90%

Add this chart to your site: 640px    300px

$15.46 - $30.18
(Median)
$15
$22
$30
MEDIAN: $21.00
10%
50%
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$27K$54K$81K
Salary
$40,309 - $80,670  
   
Bonus
$0.00 - $9,588  
Profit Sharing
$800 - $9,000  
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).
)
$39,458 - $80,927  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 649
National Hourly Rate 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$16$32$48
Hourly Rate
$15.46 - $30.18  
   
Overtime
$0.00 - $45.35  
National Annualized 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$32K$64K$96K
Bonus
$0.00 - $9,588  
   
Profit Sharing
$800 - $9,000  
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).
)
$39,458 - $80,927  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 141
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


While not commonly seen, Medical Practice Managers who transition into a Practice Administrator position may see a rise in pay. The median salary for Practice Administrators is $67K per year. Medical Practice Managers most frequently advance into Practice Manager and Medical Office Manager roles even though the median salaries are $1K lower and $12K lower, respectively.

Practice Manager Job Listings

Search for more jobs:

Popular Skills for Medical Practice Manager


Survey results imply that Medical Practice Managers deploy a deep pool 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 19 percent, respectively. Skills that seem to negatively impact pay include Billing, Office Management, and Electronic Medical Records. For most people, competency in Electronic Medical Records indicates knowledge of Medical Coding.

Pay by Experience Level for Medical Practice Manager

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


Medical Practice Managers with a lot of experience do not necessarily enjoy more money. Salaries for inexperienced workers average out to $53K, and those with five to 10 years' experience earn a higher median of $51K. Medical Practice Managers bring in $55K after working for 10 to 20 years. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $59K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Medical Practice Manager Salaries



National Average
$54,000



Skills That Affect Medical Practice Manager Salaries

Information Technology (IT) Support
up arrow 23%

Accounting
up arrow 19%

Medical Credentialing
up arrow 2%

Human Resources
up arrow 1%

Operations Management
0%

National Average
$54,000

People Management
up arrow 1%

Medical Coding
up arrow 2%

Electronic Medical Records (EMR)
up arrow 4%

Medicaid & Medicare Billing
up arrow 4%


Billing
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 133 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
30%

Common Health Benefits

medical benefits Medical: 74% dental benefits Dental: 50%
vision benefits Vision: 40% employee benefits None: 24%
ADVERTISEMENT