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Chief medical officer vs president/chief executive officer

The differences between chief medical officers and president/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 president/chief executive officer takes usually requires More than 10 years. Additionally, a president/chief executive officer has an average salary of $240,732, which is higher than the $228,710 average annual salary of a chief medical officer.

The top three skills for a chief medical officer include patients, CMO and oversight. The most important skills for a president/chief executive officer are financial management, revenue growth, and R.

Chief medical officer vs president/chief executive officer overview

Chief Medical OfficerPresident/Chief Executive Officer
Yearly salary$228,710$240,732
Hourly rate$109.96$115.74
Growth rate28%6%
Number of jobs109,855163,378
Job satisfaction--
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 64%
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 a president/chief executive officer do?

Considered as the highest authority in a company, a president/chief executive officer is in charge of leading the company by implementing corporate decisions and shaping the organization to its fullest extent. They must craft strategic plans and guidelines, enforce policies and standards, direct the vision and mission, and address the public as the head of the company. Furthermore, a president/chief executive officer must maintain an active line of communication at all times as they must report to a board of directors and coordinate with other company employees.

Chief medical officer vs president/chief executive officer salary

Chief medical officers and president/chief executive officers have different pay scales, as shown below.

Chief Medical OfficerPresident/Chief Executive Officer
Average salary$228,710$240,732
Salary rangeBetween $138,000 And $377,000Between $134,000 And $429,000
Highest paying CityPortland, ORWashington, DC
Highest paying stateAlaskaNew Jersey
Best paying companyUnitedHealth GroupBetter Homes and Gardens Real Estate
Best paying industryHealth CareFinance

Differences between chief medical officer and president/chief executive officer education

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

Chief Medical OfficerPresident/Chief Executive Officer
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 64%
Most common majorMedicineBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chief medical officer vs president/chief executive officer demographics

Here are the differences between chief medical officers' and president/chief executive officers' demographics:

Chief Medical OfficerPresident/Chief Executive Officer
Average age4752
Gender ratioMale, 64.5% Female, 35.5%Male, 78.9% Female, 21.1%
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 president/chief executive officer 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

President/chief executive officer example responsibilities.

  • Achieve consistent annual growth in revenue and EBITDA through a combination of organic sales growth and add on acquisitions.
  • Direct internal operations to achieve budget results and other financial criteria, metrics, KPI s, reporting and governance.
  • Develop and manage online retail presence utilizing SEO and SEM strategies to improve Google and search engine rank increasing online revenues.
  • Install KPI's (key performance indicators) to manage project work flow, input development and accountability programs by department.
  • Lead organization through its first CARF accreditation and Medicaid certification.
  • Lead design and implementation of on-line scheduling application, including telephony and interface to general ledger for payroll and billing.
  • Show more

Chief medical officer vs president/chief executive officer skills

Common chief medical officer skills
  • Patients, 11%
  • CMO, 7%
  • Oversight, 7%
  • Quality Improvement, 6%
  • Health System, 5%
  • Population Health, 4%
Common president/chief executive officer skills
  • Financial Management, 10%
  • Revenue Growth, 7%
  • R, 6%
  • Product Development, 6%
  • Strategic Partnerships, 5%
  • Business Plan, 5%

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