Medcostmgmt Salary

As of August 2026, the average hourly salary for employees at Medcostmgmt in the United States is $40. This translates to an approximate annual wage of $82,699. Salaries at Medcostmgmt typically range from $35 to $45 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Medcostmgmt Pay for Different Roles?

Explore detailed salary information for specific jobs at Medcostmgmt. Based on our data, the highest paying job is the DIRECTOR OF NURSING, with an hourly wage of $128. The table below outlines the hourly wage ranges for most popular roles within the company.

Second Shift Unit Coordinator--LPN/RN

$43 / hour

Salary Range: $39 - $50

Production Test

Health Information Coordinator (Medical Records)

$40 / hour

Salary Range: $34 - $47

Facilities Management

Activities Aide

$17 / hour

Salary Range: $15 - $19

Resident Care

Registered Nurse

$51 / hour

Salary Range: $47 - $56

Nursing

Food Service Aide

$40 / hour

Salary Range: $35 - $46

Food Service

Admissions Director

$33 / hour

Salary Range: $29 - $38

Admissions

Turn Insight into Opportunity: Current Job Openings

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About Medcostmgmt: Company Profile

Website
www.medcostmgmt.com
Founded In
1986
Employees
25 - 50 employees
Industry
Healthcare
Headquarter Location
CHICAGO
Revenue
<$5 Million
Phone Number
-
Social Media
About MEDCOSTMGMT
A pioneer in medical management, MCM was founded in 1986 to meet the care management needs of self-funded plans, Taft-Hartley Trusts, associations, and claim payers. MCM provides its partners "Solutions for Better Health" that address the challenge of rising health costs with sophisticated risk identification, care management across the entire continuum of care and the promotion of better health.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Medcostmgmt's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
Clean and professional times. This healthcare company offers a good balance between patient care and operational needs. Patient-centered care remains a core value that drives every aspect of the organization. It’s a very positive environment to build a healthcare career. Leadership generally respects boundaries, though engagement can feel minimal.
I appreciate the diverse patient population and variety of cases we encounter This constant exposure to different medical challenges keeps the work engaging and ensures continuous learning for all staff members. Everyone is committed to high standards of patient care and continuous improvement. That mindset trickles down and creates trust.
Training programs are available and it is helpful for specific job roles. Great emphasis on ethical patient care and staff well-being. The team’s efficiency and warmth create a trustworthy environment. The positive atmosphere and commitment to quality care make this a fulfilling place to build a healthcare career. I’ve worked in other facilities where corners are cut—and it is here. The compassion...
This healthcare system offers a stable and respectful work culture where patient outcomes are taken seriously. For insurers partnering with provider groups, they demonstrate how value-based care should work. Their professionalism and kindness make a real difference in the patient experience.

Is Medcostmgmt’s Pay Competitive? Salary Benchmarking Analysis

How does Medcostmgmt's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
MCCLURE INSURANCE $39
-1.3%
Aligns perfectly with prevailing regional benchmarks for this specific job family.
MOMENTUM INSURANCE PLANS $37
-7.8%
MOMENTUM INSURANCE PLANS operates with a leaner overhead structure, impacting base wage offers.
UNIVERSAL1ST INSURANCE SERVICES $42
+6.8%
Adjusted for higher cost-of-living indices in UNIVERSAL1ST INSURANCE SERVICES's primary metro hubs.
JOSHUA E. MATTHEWS INSURANCE AGENCY $37
-7.3%
Normalized for lower cost-of-living zones where JOSHUA E. MATTHEWS INSURANCE AGENCY primarily operates.
Healthcare Industry $59
+47.4%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Chicago?

Understanding the cost of living near Chicago is key to truly evaluating a salary offer or your current compensation at Medcostmgmt.
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). Major US city, housing varies greatly by neighborhood but can be high, extensive CTA transit. When planning your budget based on a salary from Medcostmgmt, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $1,700 - $2,600+ A significant portion of Medcostmgmt salary. Location choices impact this heavily.
Utilities (Basic) $140 - $230 Electricity, Heating, Cooling, Water etc.
Public Transportation $105 (CTA 30-day pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $430 - $640 Can be higher with more dining out or specialty stores.
Personal & Leisure $450 - $800+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $400 - $750+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $3,225 - $5,025+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Medcostmgmt

FAQ 1: What is the estimated average total compensation at Medcostmgmt?
Salary.com estimates that the average total compensation package at Medcostmgmt, which can include base salary, potential bonuses, and benefits, is around $40 per hour . Total compensation provides a more holistic view of an employee's earnings.
FAQ 2: How much does Medcostmgmt pay compared to MCCLURE INSURANCE?
The average annual salary at Medcostmgmt is $82,699, or an hourly wage of $40, in comparison to MCCLURE INSURANCE which pays $81,641 per year or $39 per hour.
FAQ 3: What's the typical salary progression for an employee moving from an entry-level to a senior role at Medcostmgmt?
Salary progression from an entry-level to a senior role at Medcostmgmt can be significant, often involving several promotions and substantial pay increases. For example, an entry-level Analyst might see their salary potentially double or more as they progress to a Senior Manager or Director position over several years, assuming strong performance and development.
FAQ 4: How can I determine if a salary offer from Medcostmgmt in Chicago is fair given the local cost of living?
To determine if a salary offer from Medcostmgmt in Chicago is fair, first compare the gross salary to our data for similar roles at Medcostmgmt and its competitors (see our similar company salaries section) . Then, critically, use our "Cost of Living Insights for Chicago" to understand its purchasing power.
FAQ 5: Are promotions at Medcostmgmt usually accompanied by a significant salary increase?
Yes, promotions at Medcostmgmt are generally accompanied by a salary increase. The amount of the increase typically reflects the greater responsibilities, skills, and scope of the new role. The percentage increase can vary widely depending on the level of promotion and the company's compensation structure.