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Medical Practice Manager Salary

Medical Practice Managers in the United States tend to be well-versed in their field, and nearly three in five have more than 10 years of experience. Average salary is expected to be around $56K per year, but may range from $40K to $81K per year. In the world of Medical Practice Managers, overall income ranges from $40K near the bottom to $81K at the top; this can include more than $10K from bonuses and more than $7K from profit sharing in exceptional cases. Residence and years of experience each impact pay for this group, with the former having the largest influence. Some workers in this field — roughly one in four — are not awarded benefits. Medical coverage is reported by a fair number and dental plans are enjoyed by close to one-half. The majority of workers are highly satisfied with their job. Women make up the vast majority of Medical Practice Managers (87 percent) who answered the questionnaire. This overview is based on answers to PayScale's salary questionnaire.
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$40,396 - $81,049
(Median)
$40K
$56K
$81K
MEDIAN: $55,545
10%
50%
90%

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$15.61 - $30.30
(Median)
$16
$22
$30
MEDIAN: $22.00
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
$40,396 - $81,049  
   
Bonus
$0.00 - $9,623  
Profit Sharing
$783 - $7,149  
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).
)
$39,609 - $81,244  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 573
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
$15.61 - $30.30  
   
Overtime
$0.00 - $45.56  
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 - $9,623  
   
Profit Sharing
$783 - $7,149  
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).
)
$39,609 - $81,244  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 131

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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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Though some Medical Practice Managers move into positions like Practice Administrator (where the average salary is $67K), this progression is not the norm. 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

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Popular Skills for Medical Practice Manager


Survey participants wield an impressively varied skill set 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 9 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Billing. Most people experienced in 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.


More years of relevant experience do not necessarily translate to higher paychecks. The average inexperienced worker earns $51K, and someone who has worked for five to 10 years can expect a bigger median salary of $54K. Medical Practice Managers see a median salary of $55K after reaching one to two decades on the job. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $59K, demonstrating that compensation is roughly commensurate with experience in the end.

Related Job Salaries

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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 9%

Operations Management
up arrow 2%

Human Resources
up arrow 2%

Medical Credentialing
up arrow 2%

Medicaid & Medicare Billing
up arrow 1%

National Average
$54,000

People Management
up arrow 1%

Office Management
up arrow 2%

Electronic Medical Records (EMR)
up arrow 3%

Medical Coding
up arrow 3%

Billing
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 130 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
31%

Common Health Benefits

medical benefits Medical: 72% dental benefits Dental: 49%
vision benefits Vision: 39% employee benefits None: 25%