Average Product Manager, Healthcare Salary

The top respondents for the job title Product Manager, Healthcare are from the companies OptumHealth, Inc., Medline Industries, Inc. and Boston Scientific Corporation. Reported salaries are highest at Thermo Fisher Scientific, Inc. where the average pay is $111,839. Other companies that offer high salaries for this role include Blue Cross and Blue Shield of Illinois, Inc. (BCBSIL) and Boston Scientific Corporation, earning around $105,633 and $101,068, respectively. Medline Industries, Inc. pays the lowest at around $72,589. Kaiser Permanente and OptumHealth, Inc. also pay on the lower end of the scale, paying $78,809 and $92,621, respectively.

Skills in Product Management and Data Analysis are correlated to pay that is above average. Skills that pay less than market rate include Product Marketing, Project Management and Product Development.

An entry-level Product Manager, Healthcare with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $72,232 based on 17 salaries. An early career Product Manager, Healthcare with 1-4 years of experience earns an average total compensation of $84,847 based on 317 salaries. A mid-career Product Manager, Healthcare with 5-9 years of experience earns an average total compensation of $97,116 based on 250 salaries. An experienced Product Manager, Healthcare with 10-19 years of experience earns an average total compensation of $98,467 based on 103 salaries. In their late career (20 years and higher), employees earn an average total compensation of $104,914.

Employees with Product Manager, Healthcare in their job title in San Francisco, California earn an average of 25.8% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (12.0% more) and Minneapolis, Minnesota (8.3% more). The lowest salaries can be found in Philadelphia, Pennsylvania (13.9% less), San Diego, California (11.9% less) and Chicago, Illinois (7.5% less).