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The differences between chief medical officers and chief executive officers can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a chief medical officer, becoming a chief executive officer takes usually requires More than 10 years. Additionally, a chief medical officer has an average salary of $228,710, which is higher than the $192,260 average annual salary of a chief executive officer.
The top three skills for a chief medical officer include patients, CMO and oversight. The most important skills for a chief executive officer are healthcare, patients, and patient care.
| Chief Medical Officer | Chief Executive Officer | |
| Yearly salary | $228,710 | $192,260 |
| Hourly rate | $109.96 | $92.43 |
| Growth rate | 28% | 6% |
| Number of jobs | 109,855 | 149,185 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 59% |
| Average age | 47 | 52 |
| Years of experience | 6 | - |
A Chief Medical Officer monitors the staff and programs of the organization's medical and nursing programs. They work in a healthcare institution, such as a hospital or nursing home.
A chief executive officer is the overall head of the company's operations. Chief executive officers are responsible for making corporate decisions that would define the company's performance in the market. A chief executive officer must display exceptional leadership and decision-making skills to create business growth and development strategies. The chief executive officers also provide a regular business update to the board regarding the company's status. They should also be able to identify business opportunities and create long-lasting, professional relationships with business partners and other organizations.
Chief medical officers and chief executive officers have different pay scales, as shown below.
| Chief Medical Officer | Chief Executive Officer | |
| Average salary | $228,710 | $192,260 |
| Salary range | Between $138,000 And $377,000 | Between $104,000 And $354,000 |
| Highest paying City | Portland, OR | Urban Honolulu, HI |
| Highest paying state | Alaska | Hawaii |
| Best paying company | UnitedHealth Group | Alecto Healthcare Services LLC |
| Best paying industry | Health Care | Start-up |
There are a few differences between a chief medical officer and a chief executive officer in terms of educational background:
| Chief Medical Officer | Chief Executive Officer | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 59% |
| Most common major | Medicine | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between chief medical officers' and chief executive officers' demographics:
| Chief Medical Officer | Chief Executive Officer | |
| Average age | 47 | 52 |
| Gender ratio | Male, 64.5% Female, 35.5% | Male, 68.5% Female, 31.5% |
| Race ratio | Black or African American, 11.3% Unknown, 4.3% Hispanic or Latino, 14.7% Asian, 8.1% White, 60.9% American Indian and Alaska Native, 0.7% | Black or African American, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.8% White, 76.0% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 12% | 12% |