Medical Practice Manager Salary

Medical Practice Managers in the United States with more than 10 years of experience in their profession represent approximately three-fifths of Medical Practice Managers. Salaries average out to around $56K annually and spread from $39K to $81K per year. Total cash compensation to Medical Practice Managers bottoms out near $39K and approaches $81K on the high end; the biggest paychecks include approximately $10K from bonuses and almost $9K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by experience level. Unfortunately, some people in this line of work are without benefits — close to one-fourth lack coverage. On the flip side, a strong majority have medical insurance and half receive dental plans. Job satisfaction is high and work is enjoyable for most Medical Practice Managers. Medical Practice Managers who responded to the questionnaire are largely women, dominating at 87 percent. This report is based on responses to the PayScale salary survey.
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$40,278 - $81,326
(Median)
$40K
$56K
$81K
MEDIAN: $55,580
10%
50%
90%

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$15.49 - $30.14
(Median)
$15
$22
$30
MEDIAN: $21.00
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$28K$56K$84K
Salary
$40,278 - $81,326  
   
Bonus
$0.00 - $9,500  
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).
)
$39,423 - $81,438  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 660
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
$15.49 - $30.14  
   
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 - $9,500  
   
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).
)
$39,423 - $81,438  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 143
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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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It's not very common for Medical Practice Managers to move on to become Practice Administrators. Average pay for a Practice Administrator is $67K annually. 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


Survey respondents exploit a significant toolbox of skills in their work. 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 Medicaid & Medicare Billing. Most people familiar with 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. Relatively untried employees who have fewer than five years of experience earn around $51K on average. People who have worked for five to 10 years can expect a higher median salary of $53K. Medical Practice Managers bring in $55K after working for 10 to 20 years. After two decades in the workforce, the average Medical Practice Manager generally earns more than ever; median pay for this group is estimated at $59K.

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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%

Operations Management
up arrow 1%

Human Resources
up arrow 1%

National Average
$54,000

People Management
up arrow 1%

Medical Coding
up arrow 2%

Electronic Medical Records (EMR)
up arrow 3%

Office Management
up arrow 4%

Medicaid & Medicare Billing
up arrow 4%

Billing
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 134 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: 73% dental benefits Dental: 50%
vision benefits Vision: 40% employee benefits None: 24%
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