As of December 01, 2024, the average annual pay of Top Medical Executive in the United States is $469,200. While Salary.com is seeing that Top Medical Executive salary in the US can go up to $615,731 or down to $357,821, but most earn between $410,900 and $545,900. Salary.com shows the average base salary (core compensation), as well as the average total cash compensation for the job of Top Medical Executive in the United States.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $545,900 | $45,492 | $10,498 | $262 |
| Average | $469,200 | $39,100 | $9,023 | $226 |
| 25th Percentile | $410,900 | $34,242 | $7,902 | $198 |
As of December 01, 2024, Salary.com is seeing that an entry-level Top Medical Executive with under 1 year experience makes about $431,646. With less than 2 years of experience, a mid-level Top Medical Executive makes around $436,849. After 2-4 years, the Top Medical Executive pay rises to about $441,185. Those senior Top Medical Executive with 5-8 years of experience earn roughly $448,122, and those Top Medical Executive having 8 years or more experience is expected to earn about $456,794 on average.
| Levels | Salary |
|---|---|
| Entry Level Top Medical Executive | $431,646 |
| Intermediate Level Top Medical Executive | $436,849 |
| Senior Level Top Medical Executive | $441,185 |
| Specialist Level Top Medical Executive | $448,122 |
| Expert Level Top Medical Executive | $456,794 |
| Entry Level | 8% |
| Mid Level | 7% |
| Senior Level | 6% |
| Top Level | 4% |
| Experienced | 3% |
Salaries in the United States can vary significantly from state to state due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of December 01, 2024, the average yearly salary of Top Medical Executive is $517,500 in California and in Massachusetts, the average annual salary goes to $510,500. While in New Jersey, a Top Medical Executive earns $514,300 per year.
What Am I Worth?
Salaries in the United States can vary significantly from city to city due to a multitude of factors, including cost of living, local economic conditions, and industry presence.
For example, as of December 01, 2024, the average yearly salary of Top Medical Executive in San Francisco, CA is $586,500 and in New York, NY, the average annual salary goes to $548,000. While a Top Medical Executive earns $526,000 per year in Boston, MA.
For those exploring the changing dynamics of Top Medical Executive salaries, Salary.com offers detailed insights through our Job Trending in CA Labor Market analysis. As of December 01, 2024, our research highlights a notable shift in Top Medical Executive compensation over the past six years. For instance, the median salary has moved from $326,012 in 2023 to about $321,982 in 2024 (for a comprehensive analysis of Top Medical Executive salary trends, click here). It's crucial to consider several elements, including geographical location, experience level, industry demand, and economic development, as they play a significant role in influencing salary variations.
Salary.com job board provides millions of Top Medical Executive information for you to search for. Click on search button below to see Top Medical Executive job openings or enter a new job title here.
Here are companies hiring for Top Medical Executive and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $469,200 | 67.7% | ||
| Bonus | $85,600 | 12.3% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $18,498 | 2.7% | ||
| 401K/403B | $10,000 | 1.4% | ||
| Disability | $11,096 | 1.6% | ||
| Healthcare | $6,374 | 0.9% | ||
| Pension | $13,750 | 2.0% | ||
| Time Off | $78,952 | 11.4% | ||
| Total Compensation | $693,470 | 100% | ||
| Degree Level | % of user with this level of education |
|---|---|
| Bachelors | 1.2% |
| Masters | 1.2% |
| Doctorate | 97.6% |
What Am I Worth?
The average annual salary of Top Medical Executive is $469,200. In case you are finding an easy salary calculator, the average hourly pay of Top Medical Executive is $226; the average weekly pay of Top Medical Executive is $9,023; the average monthly pay of Top Medical Executive is $39,100.
A Top Medical Executive's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer. According to the latest salary data by Salary.com, a Top Medical Executive earns the most in San Jose, CA, where the annual salary of a Top Medical Executive is $588,900.
The highest pay for Top Medical Executive is $615,731.
The lowest pay for Top Medical Executive is $357,821.
The Top Medical Executive works closely with hospital staff, department directors, and physicians to ensure that the highest standards of quality and service are maintained. Directs the staff and programs of the organization's clinical programs. Being a Top Medical Executive evaluates developments in medical care and makes recommendations for new practices and procedures. Oversees the implementation of quality improvement efforts designed to improve clinical performance and maintain compliance with JCAHO, HIPAA, and other accreditation standards. In addition, Top Medical Executive advises CEO and medical teams on matters impacting patient care. Requires an advanced degree of medicine. Typically reports to top management. Requires to be licensed to practice (MD). The Top Medical Executive manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Comprehensive knowledge of the overall departmental function. Working as a Top Medical Executive typically requires 8+ years of managerial experience.
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
Case Management: Connecting patients with suitable healthcare providers, resources, and services to ensure they receive optimal, cost-effective care.
Quality Assurance: Verifying the adherence of product with required specifications and expectations to track and resolve deficiencies prior to product release.
