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Chief medical officer vs president & chief operating officer

The differences between chief medical officers and president & chief operating 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 operating 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 $211,982 average annual salary of a president & chief operating officer.

The top three skills for a chief medical officer include patients, CMO and oversight. The most important skills for a president & chief operating officer are financial performance, revenue growth, and product development.

Chief medical officer vs president & chief operating officer overview

Chief Medical OfficerPresident & Chief Operating Officer
Yearly salary$228,710$211,982
Hourly rate$109.96$101.91
Growth rate28%6%
Number of jobs109,855130,349
Job satisfaction--
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 69%
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 operating officer do?

A president/chief operating officer is responsible for monitoring the overall daily business operations and implementing corporate decisions for the company and its people's best interests. Presidents/chief operating officers regularly meet with the key executives and business partners to share corporate updates and strategize techniques to improve functions and increase the brand's image in the market. They review financial performance and reports, conduct data and statistical analysis, and lead initiatives that would increase the company's productivity and efficiency.

Chief medical officer vs president & chief operating officer salary

Chief medical officers and president & chief operating officers have different pay scales, as shown below.

Chief Medical OfficerPresident & Chief Operating Officer
Average salary$228,710$211,982
Salary rangeBetween $138,000 And $377,000Between $114,000 And $391,000
Highest paying CityPortland, ORLas Vegas, NV
Highest paying stateAlaskaNevada
Best paying companyUnitedHealth GroupGlobal Atlantic Financial Group Limited
Best paying industryHealth CareConstruction

Differences between chief medical officer and president & chief operating officer education

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

Chief Medical OfficerPresident & Chief Operating Officer
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 69%
Most common majorMedicineBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chief medical officer vs president & chief operating officer demographics

Here are the differences between chief medical officers' and president & chief operating officers' demographics:

Chief Medical OfficerPresident & Chief Operating Officer
Average age4752
Gender ratioMale, 64.5% Female, 35.5%Male, 86.1% Female, 13.9%
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, 3.8% Unknown, 3.9% Hispanic or Latino, 7.9% Asian, 7.7% White, 76.1% American Indian and Alaska Native, 0.6%
LGBT Percentage12%12%

Differences between chief medical officer and president & chief operating 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 operating officer example responsibilities.

  • Establish, manage and coordinate activities of this start-up management company specializing in turning around trouble health insurance plans.
  • Institute financial and operational audits as part of normal ISO audit program to monitor branch operations.
  • Change this mid-size flexible packaging company from annual EBITDA losses of $-900K to a 3 year EBITDA avg.
  • Establish new partnerships in Asia for sourcing, manufacturing, leading engine technology, ISO certification for parent company.
  • Provide backup support to clinical veterinary staff for general and surgical events and attending veterinarian for regulatory oversight.
  • Provide system oversight for quality assurance tools utilize to measure and report best practices, compliance and economic opportunities.
  • Show more

Chief medical officer vs president & chief operating 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 operating officer skills
  • Financial Performance, 11%
  • Revenue Growth, 7%
  • Product Development, 7%
  • R, 7%
  • Strategic Partnerships, 5%
  • Strategic Plan, 4%

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