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Average Chief Medical Officer (CMO) Salary

$298,738
Avg. SalaryShow Hourly Rate
$48,595
Bonus
$21,500
Commission
$24,717
Profit Sharing
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How should I pay?
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The average salary for a Chief Medical Officer (CMO) is $298,738.
10%
$196k
MEDIAN
$299k
90%
$392k
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Salary
$196k - $392k
Bonus
$5k - $99k
Profit Sharing
$0 - $51k
Commission
$0 - $22k
Total Pay
$199k - $454k
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What Do Chief Medical Officer (CMO)s Do?

Chief Medical Officer (CMO) Tasks
  • Supervise the doctors and manage the health programs at a medical facility.
  • Attend meetings with the hospital's board of directors and administration to discuss hospital improvements, policies, procedures, or other matters.
  • Provide training for new doctors, and keep medical staff up to date on facility regulations and procedures.
  • Ensure the hospital remains in compliance with all government regulations, accreditation programs, and facility policies.
  • Coordinate with doctors and administration to monitor the quality of and continue to maintain standards of care.

Job Satisfaction for Chief Medical Officer (CMO)

4.5 out of 5
(31)
Highly Satisfied
5Reviews

Popular Employer Salaries for Chief Medical Officer (CMO)

Career Paths

Explore the most common career paths for Chief Medical Officer (CMO). Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Chief Medical Officer (CMO)
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Chief Medical Officer (CMO) Job Listings

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What Are Popular Skills for Chief Medical Officer (CMO)s?

Skills in Leadership, Quality Improvement / QA and Medicine / Surgery are correlated to pay that is above average. Skills that pay less than market rate include Internal Medicine and Team Leadership.

What is the Pay by Experience Level for Chief Medical Officer (CMO)s?

An entry-level Chief Medical Officer (CMO) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $274,298 based on 9 salaries. An early career Chief Medical Officer (CMO) with 1-4 years of experience earns an average total compensation of $286,593 based on 68 salaries. A mid-career Chief Medical Officer (CMO) with 5-9 years of experience earns an average total compensation of $302,767 based on 77 salaries. An experienced Chief Medical Officer (CMO) with 10-19 years of experience earns an average total compensation of $299,855 based on 146 salaries. In their late career (20 years and higher), employees earn an average total compensation of $304,484.
Employees with Chief Medical Officer (CMO) in their job title in Philadelphia, Pennsylvania earn an average of 14.8% more than the national average. These job titles also find higher than average salaries in New York, New York (5.0% more) and Los Angeles, California (2.6% more). The lowest salaries can be found in Chicago, Illinois (12.3% less).

Years of Experience

This data is based on 455 survey responses.
Entry Level
2.0%
Early Career
14.9%
Mid Career
16.9%
Experienced
32.1%
Late Career
34.1%