As of January 01, 2025, the average annual salary for a Chief Medical Officer in the United States is $470,205. Salary.com reports that pay typically ranges from $411,746 to $547,058, with most professionals earning between $358,521 and $617,028.
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $547,058 | $45,588 | $10,520 | $263 |
| Average | $470,205 | $39,184 | $9,042 | $226 |
| 25th Percentile | $411,746 | $34,312 | $7,918 | $198 |
An entry-level Chief Medical Officer with less than 1 year of experience earns about $431,568. With 1-2 years of experience, the average salary increases to $436,769. For 2-4 years of experience, the pay typically rises to $441,103. Senior-level professionals with 5-8 years of experience earn around $448,037, and those with over 8 years of experience can expect an average of $456,705.
| Levels | Salary |
|---|---|
| Entry Level Chief Medical Officer | $431,568 |
| Intermediate Level Chief Medical Officer | $436,769 |
| Senior Level Chief Medical Officer | $441,103 |
| Specialist Level Chief Medical Officer | $448,037 |
| Expert Level Chief Medical Officer | $456,705 |
| Entry Level | 8% |
| Mid Level | 7% |
| Senior Level | 6% |
| Top Level | 5% |
| Experienced | 3% |
Salaries in the United States differ widely between states due to factors like cost of living, local economies, and industry presence.
What Am I Worth?
Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.
As of January 01, 2025, our research reveals a significant shift in Chief Medical Officer compensation over the past six years. For example, the median salary increased from $326,012 in 2023 to approximately $321,982 in 2024. (For a detailed analysis of Chief Medical Officer salary trends, click here.)
Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.
Salary.com job board provides millions of Chief Medical Officer information for you to search for. Click on search button below to see Chief Medical Officer job openings or enter a new job title here.
Here are companies hiring for Chief Medical Officer and their salaries, click below for more details.
| Core Compensation | ||||
| Core Compensation | Median | % of Total | ||
| Base Salary | $470,205 | 67.7% | ||
| Bonus | $85,713 | 12.3% | ||
| Value of Benefits | ||||
| Core Compensation | Median | % of Total | ||
| Social Security | $18,514 | 2.7% | ||
| 401K/403B | $10,000 | 1.4% | ||
| Disability | $11,118 | 1.6% | ||
| Healthcare | $6,374 | 0.9% | ||
| Pension | $13,750 | 2.0% | ||
| Time Off | $79,111 | 11.4% | ||
| Total Compensation | $694,786 | 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 Chief Medical Officer is $470,205. In case you are finding an easy salary calculator, the average hourly pay of Chief Medical Officer is $226; the average weekly pay of Chief Medical Officer is $9,042; the average monthly pay of Chief Medical Officer is $39,184.
A Chief Medical Officer'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 Chief Medical Officer earns the most in San Jose, CA, where the annual salary of a Chief Medical Officer is $590,108.
The highest pay for Chief Medical Officer is $617,028.
The lowest pay for Chief Medical Officer is $358,521.
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.
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.
Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.
We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)
With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.
