How much does a Chief Medical Officer make at companies like PayPal Holdings, Inc. in the United States? The average salary for Chief Medical Officer at companies like PayPal Holdings, Inc. in the United States is $575,683 as of March 26, 2024, but the range typically falls between $504,152 and $669,724. Salary ranges 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. View the Cost of Living in Major Cities
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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)
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Core compensation
Includes base and annual incentives
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