How much does a Chief Medical Officer make hourly in the United States? The average hourly wage for a Chief Medical Officer in the United States is $222 as of March 26, 2024, but the range typically falls between $194 and $258. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Chief Medical Officer Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Chief Medical Officer Salary $169 US March 26, 2024
25th Percentile Chief Medical Officer Salary $194 US March 26, 2024
50th Percentile Chief Medical Officer Salary $222 US March 26, 2024
75th Percentile Chief Medical Officer Salary $258 US March 26, 2024
90th Percentile Chief Medical Officer Salary $291 US March 26, 2024
25% $194 10% $169 90% $291 75% $258 $222 50%(Median) Didn’t find job title? Click
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What skills does a Chief Medical Officer need?

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.

1.

Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.

2.

Quality Assurance: Verifying the adherence of product with required specifications and expectations to track and resolve deficiencies prior to product release.

3.

Case Management: Connecting patients with suitable healthcare providers, resources, and services to ensure they receive optimal, cost-effective care.

Leadership 16.09%
Quality Assurance 1.74%
Case Management 2.61%
Others 79.56%

Job Description for Chief Medical Officer

Chief Medical Officer directs the staff and develops policies for the organization's clinical programs. Works closely with hospital staff, department directors, and physicians to ensure that the highest standards of quality and service are maintained. Being a Chief Medical Officer oversees the implementation of quality improvement efforts designed to improve clinical performance and maintain compliance with HIPAA and other regulations and standards. Evaluates developments and innovations in medical care and makes recommendations for new practices and procedures. Additionally, Chief Medical Officer advises CEO and medical teams on matters impacting patient care. Requires a MD. Requires State License to Practice Medicine. Typically reports to top management. The Chief Medical Officer manages a business unit, division, or corporate function with major organizational impact. Establishes overall direction and strategic initiatives for the given major function or line of business. Has acquired the business acumen and leadership experience to become a top function or division head. (Copyright 2024 Salary.com)... View full job description

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Chief Medical Officer salary varies from city to city. Compared with national average salary of Chief Medical Officer, the highest Chief Medical Officer salary is in San Francisco, CA, where the Chief Medical Officer salary is 25.0% above. The lowest Chief Medical Officer salary is in Miami, FL, where the Chief Medical Officer salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

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Understand the total hourly compensation opportunity for a Chief Medical Officer, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
194
258
222

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
219
324
262
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Chief Medical Officer in the United States. The average hourly rate for Chief Medical Officer ranges from $194 to $258 with the average hourly pay of $222. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $219 to $324 with the average total hourly cash compensation of $262.
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194
258

 

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Skills associated with Chief Medical Officer: Medical Practice Management Software, Operational Policy Development, Strategic Planning, Team Building ...More

Jobs with a similar salary range to Chief Medical Officer : Resident Medical Officer, Associate Chief Medical Officer

Salary estimation for Chief Medical Officer at companies like : Farmers Insurance - Taraney Ephraim - Surrell, DAC System USA LLC, Mbtech Group LLC

Jobs with a similar salary range to Chief Medical Officer : Hospital Ceo, Chief Of Neurosurgery, Chief Of Neurology

Chief Medical Officer Salary in United States
Chief Medical Officer Salary Graph, Regional Distribution and Summary