$292,163
Avg. Salary
$127
Avg. Hourly Rate

Average additional compensation:

$40,963

Bonus

$20,226

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Chief Medical Officer (CMO) is $127 per hour.

The average pay for a Chief Medical Officer (CMO) is $292,163 per year.

10%
$84.56
10%
$127.45
50%
$186.74
90%
90%
MEDIAN $127.45
10%
$186k
10%
$292k
50%
$383k
90%
90%
MEDIAN $292,163
$185,971 - $382,776
$190K
$290K
$380K
MEDIAN: $292,163
10%
50%
90%

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$84.56 - $187
$85
$130
$190
MEDIAN: $127
10%
50%
90%

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$0$436K
Salary $185,971 - $382,776
Bonus $5,034 - $97,780
Profit Sharing $0.00 - $63,320
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).
)
$192,603 - $436,123
  • Country: United States
  • Currency: USD
  • Updated: 17 May 2019
  • Individuals Reporting: 517
Hourly Data $0$186
Hourly Rate $84.56 - $187
Overtime $133
Annual Data $0$436K
Bonus $5,034 - $97,780
Profit Sharing $0.00 - $63,320
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).
)
$192,603 - $436,123
  • Country: United States
  • Currency: USD
  • Updated: 17 May 2019
  • Individuals Reporting: 20

Job Description for Chief Medical Officer (CMO)

Chief medical officers (CMOs) are responsible for leading and supervising all medical activities and professionals on behalf of their organization. They are in charge of developing initiatives to increase medical satisfaction, modifying service delivery methods, and researching current clinical trends and patient care methods to modify existing models. They communicate with suppliers, staff, and patients and their families to gather feedback to help improve service processes. These leaders also provide internal support in terms of strategic and operational direction.

Read More...
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.

Chief Medical Officer (CMO) Pay By Employer

$0$314K

HCA, Inc.
8 profiles
$258,902

Chief Medical Officer (CMO) Job Listings

Pay by Experience Level for Chief Medical Officer (CMO)

Pay by Experience for a Chief Medical Officer (CMO) has a positive trend. An entry-level Chief Medical Officer (CMO) with less than 5 years of experience can expect to earn an average total compensation of $279,000 based on 92 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Chief Medical Officer (CMO) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $282,000 based on 86 salaries. An experienced Chief Medical Officer (CMO) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $293,000 based on 113 salaries. A Chief Medical Officer (CMO) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $309,000 based on 94 salaries.

Pay Difference by Location

11%

National Average: $305,227

Larger city markers indicate a job is popular in that location.

For Chief Medical Officers, working in the bustling city of Philadelphia has its advantages, including an above-average pay rate. Chief Medical Officers will also find cushy salaries in Boston (+15 percent), Phoenix (+12 percent), Atlanta (+11 percent), and San Diego (+6 percent). Chief Medical Officers' salaries are heavily influenced by location — Chief Medical Officers in New York bring in salaries that are 32 percent lower than the national average. Not at the bottom but still paying below the median are employers in Austin and Miami (26 percent lower and 18 percent lower, respectively).

Chief Medical Officer (CMO) Advice

Q: What is it like working as a Chief Medical Officer (CMO)?

Chief Medical Officer (CMO) in Sacaton:
"Financial management."
Communication and fairness to all.

Chief Medical Officer (CMO) in Longview:
"Stay Focused."
Delegate. Take some time for yourself to unwind. Be lavish with your praise of the team. Laugh more often.

Chief Medical Officer (CMO) in El Centro:
"Internal Politics."
Be very aware of internal politics and relationships to be successful. Sometimes the content of knowledge is not what is needed to be successful but the relationships you gave are.

Related Job Salaries

Key Stats for Chief Medical Officer (CMO)

Gender

Female
33 %
Male
67 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.
Less than 1 year
1%
1-4 years
15%
5-9 years
19%
10-19 years
31%
20 years or more
33%

Experience Affects Chief Medical Officer (CMO) Salaries

▲1%

National Average
$305,000

▼4%

Mid-Career
▼8%

▼9%

Skills That Affect Chief Medical Officer (CMO) Salaries

People Management
▲15%

Quality Improvement / QA
▲9%


Internal Medicine
▼0%

National Average
$305,000

▼4%

Strategic Planning
▼4%

Physician
▼15%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 40 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
19%
10-19 years
31%
20 years or more
33%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 84%
vision benefits
Vision: 68%
no benefits
None: 7%