As of August 01, 2026, the average salary for CFO - Physician Practice in the United States is $364,900 per year, which breaks down to an hourly rate of $175.
However, CFO - Physician Practice's salary can vary significantly. Here’s a look at the typical salary range:
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CFO - Physician Practice's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of CFO - Physician Practice's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Finance Manager - Medical Practice | 0-5 years | $101,198 |
| Finance Director - Medical Practice | 5+ years | $152,420 |
| CFO - Physician Practice | 5+ years | $364,889 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract CFO - Physician Practices. For example, consider the average annual salaries in these key locations:
Demanded Skills for the Role:
| Skills | Demand Percentage |
|---|---|
| Leadership | 10.01% |
| Financial Analysis | 2% |
| Treasury | 1.21% |
| Skill | Salary | Salary % Increase |
|---|---|---|
|
Finance and Accounting
|
$532,754 |
46%
|
|
Business Administration
|
$529,105 |
45%
|
|
CPA
|
$521,807 |
43%
|
|
Financial Management
|
$510,860 |
40%
|
|
Accounting
|
$507,211 |
39%
|
|
Financial Statements
|
$496,264 |
36%
|
CFO - Physician Practice salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $387,057. While startup companies pay approximate $329,828.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $329,828 |
| Growth Stage | 51~500 | $348,178 |
| Established | 501~5000 | $374,400 |
| Enterprise | 5000+ | $387,057 |
For CFO - Physician Practice roles, the industry you choose can impact your earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the highest-paying industry, Healthcare, offers compensation 20% above the average. Conversely, CFO - Physician Practice positions in Edu., Gov't. & Nonprofit typically offer lower base pay, as this sector often view CFO - Physician Practice as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Healthcare | $437,880 | $211.0 | 20% |
Understanding how CFO - Physician Practice's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
Last Updated on August 01, 2026Salaries for CFO - Physician Practice can change over time, reflecting shifts in market demand and the overall economy. The median salary decreased from $219,321 in 2023 to around $217,184 in 2025, reflecting changes in demand, location, experience, and the wider economy. For a detailed analysis of CFO - Physician Practice salary trends, .
| Year | Average Annual Salary |
|---|---|
| 2022 |
View More
|
| 2023 | $219,321 |
| 2024 | $222,143 |
| 2025 | $217,184 |
| 2026 |
View More
|
| 2027 |
View More
|
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The Healthcare industry offers the highest average compensation for CFO - Physician Practice roles, with salaries approximately 20% above the market median.
The estimated total pay for a Chief Financial Officer in a physician practice ranges from $265,900 to $400,100 per year, with a mid-salary of $329,600. These figures reflect the salary range based on industry data, providing a clear picture of compensation for this role.
The estimated total pay range for a CFO in a Physician Practice is $265,900–$400,100 per year, which includes base salary and additional compensation. The average base salary for a CFO in this field is approximately $329,600 per year.
The COO is typically higher in the corporate hierarchy than the CFO. While the CFO manages the company's finances, with a salary range of $265,900 to $400,100, the COO oversees all operations, making their role more encompassing. The VP of Operations often reports to the COO, further emphasizing the COO's seniority.
Yes, hospital CEOs often receive bonuses and other incentives to attract and retain talent. These can include supplemental retirement plans and long-term incentive plans. For example, CFOs in physician practices have salaries ranging from $265,900 to $400,100, indicating the potential for significant bonus structures to enhance overall compensation.
To become a healthcare CFO, a Bachelor’s degree is essential, though a Master’s degree is more common. Many CFOs hold an MBA or are Certified Public Accountants with extensive financial experience. The CFO oversees all financial operations, with salaries ranging from $265,900 to $400,100, depending on experience and the size of the organization.
The highest paid CFO in physician practice earns a maximum salary of $400,100. The salary range for this position starts at a minimum of $265,900, with a mid-level salary of $329,600. This data highlights the significant compensation potential for CFOs in the healthcare sector.
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