▼10%
$305,964
Avg. Base Salary (USD)
/ year
Avg. Base Salary (USD)
10%
$196k
MEDIAN
$306k
90%
$403k
The average salary for a Chief Medical Officer (CMO) is $305,964 in 2023
Base Salary
$196k - $403k
Bonus
$6k - $86k
Profit Sharing
$10k - $119k
Commission
$0 - $31k
Total Pay
$196k - $437k
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What is the Pay by Experience Level for Chief Medical Officer (CMO)s?
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.
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How do Chief Medical Officer (CMO)s Rate Their Jobs?
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Common Health Benefits for a Chief Medical Officer (CMO)
Medical
82%
Dental
75%
Vision
70%
None
18%
Gender Breakdown for Chief Medical Officer (CMO)s
Male
58.7%
Female
37.0%
Prefer to self-define
4.3%
This data is based on 92 survey responses. Learn more about the gender pay gap.
FAQs About Chief Medical Officer (CMO)s
What is the highest pay for Chief Medical Officer (CMO)s?
Our data indicates that the highest pay for a Chief Medical Officer (CMO) is $403k / year
What is the lowest pay for Chief Medical Officer (CMO)s?
Our data indicates that the lowest pay for a Chief Medical Officer (CMO) is $196k / year
How can Chief Medical Officer (CMO)s increase their salary?
Increasing your pay as a Chief Medical Officer (CMO) is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Chief Medical Officer (CMO) that oversees more junior Chief Medical Officer (CMO)s, this experience can increase the likelihood to earn more.