Medcostmgmt Salary

As of July 2026, the average annual salary for employees at Medcostmgmt in the United States is $82,699. This translates to an approximate hourly wage of $40. Salaries at Medcostmgmt typically range from $72,644 to $94,014 annually, 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 annual salary of $266,734. The table below outlines the annual salary ranges for most popular roles within the company.

Second Shift Unit Coordinator--LPN/RN

$90,335 / year

Salary Range: $80,168 - $103,552

Production Test

Health Information Coordinator (Medical Records)

$83,608 / year

Salary Range: $71,723 - $96,731

Facilities Management

Activities Aide

$35,686 / year

Salary Range: $32,068 - $39,581

Resident Care

Registered Nurse

$106,521 / year

Salary Range: $98,155 - $116,878

Nursing

Food Service Aide

$82,649 / year

Salary Range: $72,523 - $95,174

Food Service

Admissions Director

$69,288 / year

Salary Range: $61,260 - $78,073

Admissions

Turn Insight into Opportunity: Current Job Openings

Ready for your next career move? Explore current job openings at Medcostmgmt.
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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 $81,642
-1.3%
Suggests MCCLURE INSURANCE utilizes a highly similar base-plus-benefits compensation model.
MOMENTUM INSURANCE PLANS $76,261
-7.8%
Reflects market rates for standard general contracting, differing from specialized roles.
UNIVERSAL1ST INSURANCE SERVICES $88,359
+6.8%
Reflects structural premiums typical of UNIVERSAL1ST INSURANCE SERVICES's large-cap national operations.
JOSHUA E. MATTHEWS INSURANCE AGENCY $76,649
-7.3%
JOSHUA E. MATTHEWS INSURANCE AGENCY operates with a leaner overhead structure, impacting base wage offers.
Healthcare Industry $121,907
+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: How much does a Medcostmgmt employee make?
Medcostmgmt pays its employees an average of $82,699 per year. The average salary at Medcostmgmt range from $72,644 to $94,014 per year. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.
FAQ 2: Which similar company tend to pay more or less than Medcostmgmt?
The salary at Medcostmgmt is higher than the similar company. 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: Do employees with advanced degrees (Master's, PhD) earn more at Medcostmgmt?
In many roles at Medcostmgmt, particularly those requiring specialized knowledge or research capabilities (e.g., certain engineering, scientific, or financial roles), an advanced degree like a Master's or PhD can lead to a higher starting salary and faster career progression, thus higher earnings. However, for some roles, direct experience and skills might be valued as much or more than an advanced degree. The impact varies by field and specific job requirements.
FAQ 4: How does the cost of living near Chicago affect the perceived value of a Medcostmgmt salary?
Chicago's Cost of Living Index is approximately 106.9 (6.9% more expensive than US average; 14.0% more than IL average). This significantly impacts the purchasing power of a salary from Medcostmgmt based there. Our "Cost of Living Insights for Chicago" module details this impact, helping you assess the 'real feel' value of your compensation.
FAQ 5: What kind of benefits does Medcostmgmt typically offer employees?
Medcostmgmt generally offers a range of employee benefits designed to support their workforce's health, financial well-being, and work-life balance. Comprehensive health insurance (medical, dental, vision), a 401(k) retirement savings plan (often with a company match), paid time off (PTO), and potentially disability and life insurance are included. For a more detailed list of benefits, please see our "Employee Benefits at Medcostmgmt" section on this page.