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Chief medical officer vs executive vice president

The differences between chief medical officers and executive vice presidents 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 an executive vice president takes usually requires More than 10 years. Additionally, a chief medical officer has an average salary of $228,710, which is higher than the $216,285 average annual salary of an executive vice president.

The top three skills for a chief medical officer include patients, CMO and oversight. The most important skills for an executive vice president are financial statements, oversight, and business development.

Chief medical officer vs executive vice president overview

Chief Medical OfficerExecutive Vice President
Yearly salary$228,710$216,285
Hourly rate$109.96$103.98
Growth rate28%6%
Number of jobs109,855123,982
Job satisfaction--
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 71%
Average age4752
Years of experience6-

What does a chief medical officer do?

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.

What does an executive vice president do?

An executive vice president is responsible for monitoring departmental operations, managing customer relationships, developing the company's strategic goals, and identifying business opportunities that would maximize the company's performance, drive revenues, and achieve the business's profitability goals. Executive vice presidents contribute to sales innovations, negotiate business contracts, analyze financial reports, and minimize the company's expenses without compromising high-quality operations and customer satisfaction. An executive vice president must have excellent leadership and communication skills to support its daily operations to achieve its long-term goals and objectives.

Chief medical officer vs executive vice president salary

Chief medical officers and executive vice presidents have different pay scales, as shown below.

Chief Medical OfficerExecutive Vice President
Average salary$228,710$216,285
Salary rangeBetween $138,000 And $377,000Between $118,000 And $394,000
Highest paying CityPortland, ORWashington, DC
Highest paying stateAlaskaWashington
Best paying companyUnitedHealth GroupGartner
Best paying industryHealth CareTelecommunication

Differences between chief medical officer and executive vice president education

There are a few differences between a chief medical officer and an executive vice president in terms of educational background:

Chief Medical OfficerExecutive Vice President
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 71%
Most common majorMedicineBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chief medical officer vs executive vice president demographics

Here are the differences between chief medical officers' and executive vice presidents' demographics:

Chief Medical OfficerExecutive Vice President
Average age4752
Gender ratioMale, 64.5% Female, 35.5%Male, 74.7% Female, 25.3%
Race ratioBlack 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, 3.7% Unknown, 3.9% Hispanic or Latino, 7.7% Asian, 7.6% White, 76.5% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between chief medical officer and executive vice president duties and responsibilities

Chief medical officer example responsibilities.

  • Manage patients with general medical illnesses focusing particularly on prevention and family.
  • Lead efforts to support and continually improve the coordination and delivery of oncology services using evidence base guidelines.
  • Involve in the preoperative, operative, and postoperative (ICU and ward) care of the patients.
  • Collaborate with software developer to customize Ob-Gyn functionality with new EMR, and facilitate its implementation and adaption in all divisions.
  • Research radiology CME for experimental Alzheimer's drug
  • Develop and implement EHR base oncology relate risk assessments, documentation and interventions.
  • Show more

Executive vice president example responsibilities.

  • Used data and KPI's to achieve consistent sales growth and below industry average turnover.
  • Manage logistics department, negotiate rates with suppliers, oversee incoming and outgoing inventory.
  • Lead the implementation of a new third-party ERP system, introducing sophisticate enterprise management system where none exist previously.
  • Manage operations and logistics, staff planning and supervision for all administrative, personnel, training and logistical requirements.
  • Manage all financial functions including controlling/accounting, board and regulatory reporting, treasury and cash management, and asset/liability management.
  • Provide oversight over subordinate supervisors and complete twice-monthly payroll activities, ensuring employees are paid as expected and on time.
  • Show more

Chief medical officer vs executive vice president skills

Common chief medical officer skills
  • Patients, 11%
  • CMO, 7%
  • Oversight, 7%
  • Quality Improvement, 6%
  • Health System, 5%
  • Population Health, 4%
Common executive vice president skills
  • Financial Statements, 9%
  • Oversight, 6%
  • Business Development, 6%
  • Healthcare, 6%
  • Revenue Growth, 6%
  • Strategic Partnerships, 4%

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