How much does a Chief Operating Officer - Physician Practice make?

As of February 01, 2025, the average annual salary for a Chief Operating Officer - Physician Practice in the United States is $386,564. According to Salary.com, salaries can range from a low of $247,467 to a high of $536,689, with most professionals earning between $313,755 and $465,145.

Chief Operating Officer - Physician Practice Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $465,145 $38,762 $8,945 $224
Average $386,564 $32,214 $7,434 $186
25th Percentile $313,755 $26,146 $6,034 $151

Average Salary

25% $313,755 10% $247,467 90% $536,689 75% $465,145 $386,564 50%(Median) Didn’t find job title? Click
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How much does a Chief Operating Officer - Physician Practice make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Chief Operating Officer - Physician Practice salary data based on specialized databases to help you get a fairer salary. Click the switch button below to see more details about Chief Operating Officer - Physician Practice hourly pay, weekly pay, monthly pay and so on.

Last Updated on February 01, 2025
Last Updated on February 01, 2025

How Does Experience Level Affect a Chief Operating Officer - Physician Practice's Salary?

An entry-level Chief Operating Officer - Physician Practice with less than 1 year of experience earns about $329,549. With 1-2 years of experience, the average salary increases to $335,859. For 2-4 years of experience, the pay typically rises to $344,273. Senior-level professionals with 5-8 years of experience earn around $356,894, and those with over 8 years of experience can expect an average of $372,669.

Levels Salary
Entry Level Chief Operating Officer - Physician Practice $329,549
Intermediate Level Chief Operating Officer - Physician Practice $335,859
Senior Level Chief Operating Officer - Physician Practice $344,273
Specialist Level Chief Operating Officer - Physician Practice $356,894
Expert Level Chief Operating Officer - Physician Practice $372,669
$329,549 0 yr
$335,859 < 2 yrs
$344,273 2-4 yrs
$356,894 5-8 yrs
$372,669 > 8 yrs
Last Updated on February 01, 2025
Entry Level 15%
Mid Level 13%
Senior Level 11%
Top Level 8%
Experienced 4%
View as graph
Last Updated on February 01, 2025

How much does salary of Chief Operating Officer - Physician Practice vary from state to state?

How much does salary of Chief Operating Officer - Physician Practice vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of February 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Chief Operating Officer - Physician Practice is $483,205.
  • In New York, NY, the average annual salary is $451,507.
  • In Boston, MA, a Chief Operating Officer - Physician Practice earns $433,338 per year.

What is the salary trend of Chief Operating Officer - Physician Practice?

As of February 01, 2025, our research reveals a significant shift in Chief Operating Officer - Physician Practice compensation over the past six years. For example, the median salary increased from $250,384 in 2023 to approximately $248,267 in 2024. (For a detailed analysis of Chief Operating Officer - Physician Practice salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Chief Operating Officer - Physician Practice Over Time

2020
$???
2021
$???
2022
$???
$250,384
2023
$248,267
2024
$239,208
2025
2026
$???
Last Updated on February 01, 2025
2020
$???
2021
$???
2022
$???
2023
$250,384
2024
$248,267
2025
$239,208
2026
$???
Last Updated on February 01, 2025

Chief Operating Officer - Physician Practice Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $250,384
2024 $248,267
2025 $239,208
2026 View More
Last Updated on February 01, 2025

Job Openings of Chief Operating Officer - Physician Practice

Salary.com job board provides millions of Chief Operating Officer - Physician Practice information for you to search for. Click on search button below to see Chief Operating Officer - Physician Practice job openings or enter a new job title here.

Most Common Benefits for Chief Operating Officer - Physician Practice

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.9%
Bonuses 7.1%
Social Security 3.1%
401k/403b 2.3%
Disability 1.3%
Healthcare 1.2%
Pension 2.0%
Time Off 10.1%
Core Compensation
Core Compensation Median % of Total
Base Salary $386,564 72.9%
Bonus $37,496 7.1%
Value of Benefits
Core Compensation Median % of Total
Social Security $16,602 3.1%
401K/403B $12,250 2.3%
Disability $6,785 1.3%
Healthcare $6,371 1.2%
Pension $10,500 2.0%
Time Off $53,823 10.1%
Total Compensation $530,391 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on February 01, 2025

FAQ about Chief Operating Officer - Physician Practice

1. What is the average salary of a Chief Operating Officer - Physician Practice?

The average annual salary of Chief Operating Officer - Physician Practice is $386,564. In case you are finding an easy salary calculator, the average hourly pay of Chief Operating Officer - Physician Practice is $186; the average weekly pay of Chief Operating Officer - Physician Practice is $7,434; the average monthly pay of Chief Operating Officer - Physician Practice is $32,214.

2. Where can a Chief Operating Officer - Physician Practice earn the most?

A Chief Operating Officer - Physician Practice'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 Operating Officer - Physician Practice earns the most in San Jose, CA, where the annual salary of a Chief Operating Officer - Physician Practice is $485,138.

3. What is the highest pay for Chief Operating Officer - Physician Practice?

The highest pay for Chief Operating Officer - Physician Practice is $536,689.

4. What is the lowest pay for Chief Operating Officer - Physician Practice?

The lowest pay for Chief Operating Officer - Physician Practice is $247,467.

5. What are the responsibilities of Chief Operating Officer - Physician Practice?

Chief Operating Officer - Physician Practice is responsible for planning, organizing, and directing operational objectives for one or more physician office sites. Assists in the development and implementation of strategic long-term goals. Being a Chief Operating Officer - Physician Practice provides fiscal management to include analysis, forecasting, budgetary responsibilities, and negotiates contracts. Reviews metrics and revenue cycle performance and recommends and implements strategies for improvement and growth. Additionally, Chief Operating Officer - Physician Practice may require a master's degree. Typically reports to ceo or board of directors. The Chief Operating Officer - Physician Practice 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. To be a Chief Operating Officer - Physician Practice typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function.

6. What are the skills of Chief Operating Officer - Physician Practice

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.

1.)

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

2.)

Accounting: Creating financial statements and reports based on the summary of financial and business transactions.

3.)

Health Care: Health care or healthcare is the improvement of health via the prevention, diagnosis, treatment, amelioration, or cure of disease, illness, injury, and other physical and mental impairments in people.

About Our Data

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.

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The average salary for a Chief Operating Officer - Physician Practice is $386,564 per year in the United States, updated at February 01, 2025.
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