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26 Statistics on Hospital CMO Salary Growth

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Hospital CMOs received base salary raises as high as 10.17 percent in 2006, but their salary adjustments have been cut by more than two-third since then, according to a survey from Yaffe & Company, a healthcare compensation consulting firm.

Here are 26 statistics on average salary adjustments for hospital CMOs from 2004 through 2011. Note: The survey received responses from 267 hospitals and health systems. Sixty-five percent of respondents were single-hospital systems, and 51 percent had net patient revenue between $35 million and $199 million. All average adjustments include increases, decreases and freezes in base salaries.

Average hospital CMO salary adjustments by year


2004-2005: 6.88 percent
2005-2006: 10.12 percent
2006-2007: 10.17 percent
2007-2008: 5.21 percent
2008-2009: 5.68 percent
2009-2010: 3.08 percent
2010-2011: 4.47 percent
2011-2012: 3.10 percent

Average hospital CMO salary adjustments by net patient revenue and percentiles


Hospitals with net patient revenue less than $35 million
25th percentile: 0.5 percent
50th percentile: 1 percent
75th percentile: 1.5 percent

Hospitals with net patient revenue between $35 million and $99 million
25th percentile: 0 percent
50th percentile: 1 percent
75th percentile: 3 percent

Hospitals with net patient revenue between $100 million and $199 million
25th percentile: 0.4 percent
50th percentile: 2 percent
75th percentile: 3 percent

Hospitals with net patient revenue between $200 million and $500 million
25th percentile: 0 percent
50th percentile: 3 percent
75th percentile: 9 percent

Hospitals with net patient revenue greater than $500 million
25th percentile: 0 percent
50th percentile: 2.5 percent
75th percentile: 3 percent

Total
25th percentile: 0 percent
50th percentile: 2 percent
75th percentile: 4 percent

More Articles on Hospital CMO Salary:

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Physician Executive Compensation: How Are Top Physician Leaders Paid?

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