Post job

Chief nursing officer vs managing director

The differences between chief nursing officers and managing directors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a chief nursing officer and a managing director. Additionally, a managing director has an average salary of $129,690, which is higher than the $104,466 average annual salary of a chief nursing officer.

The top three skills for a chief nursing officer include patients, CNO and rehabilitation. The most important skills for a managing director are healthcare, portfolio, and business development.

Chief nursing officer vs managing director overview

Chief Nursing OfficerManaging Director
Yearly salary$104,466$129,690
Hourly rate$50.22$62.35
Growth rate28%6%
Number of jobs107,33681,022
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 68%
Average age4744
Years of experience66

What does a chief nursing officer do?

A Chief Nursing Officer supervises nurses and nurse managers, recommends strategies to improve services, and establishes goals for a healthcare facility. They ensure that operations comply with established standards and regulations, as well as prepare and supervise business reports, including annual budgets.

What does a managing director do?

A Managing Director oversees workflow and progress, making sure that all operations align within the company or organization's mission or set of goals. They are responsible for crafting strategies, devising effective business plans, and executing guidelines that would nurture a company's growth, and as well as to be the driving force that would direct employees to the company's objectives. Furthermore, a Managing Director must coordinate with those in a higher position, such as the members of the board.

Chief nursing officer vs managing director salary

Chief nursing officers and managing directors have different pay scales, as shown below.

Chief Nursing OfficerManaging Director
Average salary$104,466$129,690
Salary rangeBetween $71,000 And $151,000Between $72,000 And $233,000
Highest paying CitySan Jose, CANew York, NY
Highest paying stateOregonNew York
Best paying companyMcKinsey & Company IncPaul, Weiss, Rifkind, Wharton & Garrison
Best paying industryHealth CareFinance

Differences between chief nursing officer and managing director education

There are a few differences between a chief nursing officer and a managing director in terms of educational background:

Chief Nursing OfficerManaging Director
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 68%
Most common majorNursingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Chief nursing officer vs managing director demographics

Here are the differences between chief nursing officers' and managing directors' demographics:

Chief Nursing OfficerManaging Director
Average age4744
Gender ratioMale, 23.2% Female, 76.8%Male, 73.5% Female, 26.5%
Race ratioBlack or African American, 11.7% Unknown, 4.3% Hispanic or Latino, 14.0% Asian, 7.8% White, 61.5% American Indian and Alaska Native, 0.7%Black or African American, 6.1% Unknown, 4.3% Hispanic or Latino, 15.0% Asian, 6.3% White, 67.8% American Indian and Alaska Native, 0.5%
LGBT Percentage12%10%

Differences between chief nursing officer and managing director duties and responsibilities

Chief nursing officer example responsibilities.

  • Achieve regional goals including POS cash collections, registration accuracy, and denials.
  • Lead the spread of this work on transforming care through evidenced-base healthcare teamwork strategies and tactics.
  • Complete comprehensive assessments for all LTC residents which include managing falls, pain, skin integrity, and medications.
  • Incorporate evidence-based care into practice environment to ensure high quality care for patients and their families.
  • Restructure and redevelopment of the outpatient wind care program through temporary oversight toward operation of a successful program.
  • Provide direct supervision and teaching of RN, LVN, and HHA staff.
  • Show more

Managing director example responsibilities.

  • Create and manage the social media presence via a festival page on Facebook.
  • Manage all consulting resources and have overall P/L responsibilities for the Atlanta office.
  • Manage the lessee and lessor relationships regarding exchange seat leases with major markets, such as NYSE, AMEX, CBOE.
  • Manage denials and expedite managed care appeals (reimbursement reconsideration).
  • Manage payroll processing for thousands of industrial temporary workers and bill respective clients.
  • Manage the Ketera SaaS relationship for IBM with engagement development and profitability responsibilities.
  • Show more

Chief nursing officer vs managing director skills

Common chief nursing officer skills
  • Patients, 18%
  • CNO, 7%
  • Rehabilitation, 6%
  • Patient Safety, 5%
  • Performance Improvement, 5%
  • Quality Care, 4%
Common managing director skills
  • Healthcare, 7%
  • Portfolio, 7%
  • Business Development, 6%
  • Oversight, 6%
  • Project Management, 5%
  • Customer Service, 5%

Browse executive management jobs