In 2013, the median compensation of a healthcare chief medical officer was $365,000, up roughly 6 percent from $343,334 recorded in 2011.
Data come from the 2013 physician executive compensation survey, which was conducted by Cejka Executive Search and the American College of Physician Executives. The groups received responses from more than 2,300 physician executives, and of that total, 517 were CMOs of a hospital, health system, health insurer or other healthcare organization.
All CMOs
Median compensation in 2013: $365,000
Median compensation in 2011: $343,334
Difference: 6 percent
CMO of academic medical center/school of medicine
Median compensation in 2013: $427,500
Median compensation in 2011: $350,000
Difference: 22 percent
CMO of health insurer
Median compensation in 2013: $409,875
Median compensation in 2011: $325,000
Difference: 26 percent
CMO of multispecialty group
Median compensation in 2013: $385,000
Median compensation in 2011: $295,000
Difference: 31 percent
CMO of health system
Median compensation in 2013: $380,000
Median compensation in 2011: $445,000
Difference: -15 percent
CMO of other healthcare industry group
Median compensation in 2013: $371,500
Median compensation in 2011: $432,600
Difference: -14 percent
CMO of hospital
Median compensation in 2013: $340,000
Median compensation in 2011: $332,500
Difference: 2 percent
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