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Job outlook for clinical business managers in the United States
Are clinical business manager jobs in demand?
Clinical business manager job and salary trends over time
Clinical business manager jobs over time
Clinical business manager job growth rate over time
| Year | # of jobs | % of population |
|---|---|---|
| 2021 | 511 | 0.00% |
| 2020 | 471 | 0.00% |
| 2019 | 462 | 0.00% |
| 2018 | 436 | 0.00% |
| 2017 | 406 | 0.00% |
Average clinical business manager salary over time
Clinical business manager salary by year
| Year | Avg. salary | Hourly rate | % Change |
|---|---|---|---|
| 2026 | $75,449 | $36.27 | +3.3% |
| 2025 | $73,062 | $35.13 | +1.3% |
| 2024 | $72,157 | $34.69 | +1.4% |
| 2023 | $71,159 | $34.21 | +1.9% |
| 2022 | $69,849 | $33.58 | +2.2% |
Clinical business manager jobs by state
Most common states for clinical business managers
| Rank | State | Population | # of jobs | Employment/ 1000ppl |
|---|---|---|---|---|
| 1 | District of Columbia | 693,972 | 408 | 59% |
| 2 | South Dakota | 869,666 | 286 | 33% |
| 3 | Minnesota | 5,576,606 | 1,717 | 31% |
| 4 | Montana | 1,050,493 | 305 | 29% |
| 5 | Nebraska | 1,920,076 | 518 | 27% |
| 6 | Kansas | 2,913,123 | 729 | 25% |
| 7 | North Dakota | 755,393 | 189 | 25% |
| 8 | Alaska | 739,795 | 184 | 25% |
| 9 | Iowa | 3,145,711 | 744 | 24% |
| 10 | Missouri | 6,113,532 | 1,355 | 22% |
| 11 | Wisconsin | 5,795,483 | 1,260 | 22% |
| 12 | Ohio | 11,658,609 | 2,396 | 21% |
| 13 | Indiana | 6,666,818 | 1,400 | 21% |
| 14 | Maine | 1,335,907 | 280 | 21% |
| 15 | Rhode Island | 1,059,639 | 220 | 21% |
| 16 | Washington | 7,405,743 | 1,485 | 20% |
| 17 | Tennessee | 6,715,984 | 1,351 | 20% |
| 18 | Massachusetts | 6,859,819 | 1,342 | 20% |
| 19 | New Mexico | 2,088,070 | 421 | 20% |
| 20 | Nevada | 2,998,039 | 558 | 19% |
Most common cities for clinical business managers
| Rank | City | # of jobs | Employment/ 1000ppl | Avg. salary |
|---|---|---|---|---|
| 1 | South Windsor | 1 | 4% | $84,292 |
| 2 | Atlanta | 2 | 0% | $73,773 |
| 3 | Boston | 1 | 0% | $100,827 |
| 4 | Lubbock | 1 | 0% | $65,344 |
| 5 | San Diego | 1 | 0% | $85,944 |
Clinical Business Manager job outlook: Expert opinions
Our panel of clinical business manager experts
Pennsylvania State University - Greater Allegheny
Landmark College
University of West Georgia
Brandeis University
University of Minnesota
Louisiana Tech University
What Clinical Business Manager skills would you recommend for someone trying to advance their career?
Dr. Kim Roberts: Business professionals lead organizations by focused efforts that revolve around products/services, processes, and people. Business professionals work to ensure the firm's products and/or services meet customer expectations, with an eye toward an ever-changing market. They manage processes that produce or support the firm's products. This requires the ability to analyze data to make informed decisions, to drive continuous improvement, and to solve problems through critical thinking. Successful business professionals must also create climates that promote teamwork and foster collaboration.
Pawn Johnson-Hunter MS, RN, AGPCNP-BC, GERO- BC, CM/DN
Nurse Educator, Nclex Mentor/CoachWhat general advice would you give to a Clinical Business Manager?
Pawn Johnson-Hunter MS, RN, AGPCNP-BC, GERO- BC, CM/DN: A few ways to maximize earning potential as a new graduate nurse is through skillful negotiations and previous experience in healthcare, such as degree level, nurse externships, phlebotomy skills, or certifications. Many, if not all, employers appreciate that new graduates are equipped with clinical skills that are strongly recommended for the practice area. While many nurse certifications require experience, some are for entry-level, such as advanced life support (ACLS and PALS) and IV insertion. There are also some specialty practice certifications that new grads can obtain without years of experience; although they may recommend the experience at times, this is optional. All of this demonstrates the applicant's commitment to the profession and interest. Other ways are to work overtime hours, learn about clinical career ladders, or continue formal education.
Bernie Cerasaro
Assistant Teaching ProfessorPennsylvania State University - Greater Allegheny
Business Department
What skills stand out on Clinical Business Manager resumes?
Bernie Cerasaro: Skills employers would be looking for would be functional skills and interpersonal skills. Functional skills should stand out on a resume and be aligned to the business job in question. For example, if focused on marketing positions, marketing skills such as data analytics, market research, consumer behavior, global marketing, and professional selling skills would be areas for which employers would be looking. If the job market is looking for someone in accounting, then functional skills that would stand out would be intermediate financial accounting skills and courses on taxation and auditing. For those seeking positions in project management or supply chain management, skills that would stand out would encompass subject matter such as project management, portfolio management, operations planning and control, purchasing and materials management, and knowledge of ERP type systems and other business processes.
Skill sets can be enhanced via various types of certification. For example, those interested in accounting might pursue a CPA (Certified Public Accountant) license, which requires 150 credits. As most universities require 120 credits for a bachelor's degree in business, a CPA would require just an additional 30 credits, which students can start accumulating while still at college. Project management certification is also an opportunity to enhance the aforementioned skills and would certainly stand out on an applicant's resume. The Project Management Institute (PMI) promotes PMP certification, which validates that you are highly skilled in soft skills to lead project teams and have the required technical aspects of managing projects. Some universities are working with the PMI to have PMI-approved courses. Approved courses are used toward the PMP training hours required to sit for the exam. For example, Penn State University has received approval for two such courses, Portfolio Management and Organizations and Project Planning and Resource Management.
Due to the high rate of interaction with the global marketplace and the complexity of international business, managers are looking more closely at applicants who have some familiarity with global markets and international culture, such as applicants who may have study abroad experience, traveled internationally, speak a foreign language or have lived or worked in another country.
What skills will help Clinical Business Managers earn the most?
Bernie Cerasaro: Some of the same skills as indicated above are important as the person works their way up the ranks and increases their salary. Prominent skills include strong leadership, superior performance, handling conflict, and creating a trusting and productive work environment.
The choice of a functional area can also impact one's earnings depending upon the market's needs. Areas such as corporate accounting and finance, project management, supply chain management, and entrepreneurship can command higher earnings due to a higher demand for such individuals in the marketplace. However, the higher salaries for some of these positions might require a master's degree.
As a concluding note, even though we are amid a pandemic, which has resulted in certain industries/companies being unable to find sufficient employees, this does not imply that this will be the situation for all industries or that the graduate can relax as to developing a strong skill-oriented resume. Graduates still need to focus on functional, technical, and soft skills in order to design impactful resumes that clearly indicate their strongest skills and experience.
What skills will help Clinical Business Managers earn the most?
Dr. Jeanette Landin: The skill that will help you earn the most is inspiring other people to increase company productivity and high employee morale. An engaged and productive employee is the most important product of an effective manager. Managers who possess the ability to inspire colleagues and drive company objectives are invaluable.
Thomas Gainey Ph.D.
Chair and ProfessorUniversity of West Georgia
Department of Management in the Richards College of Business
What soft skills should all Clinical Business Managers possess?
Thomas Gainey Ph.D.: Soft skills are critical as many workers continue to work from home or at least work more of a hybrid schedule. The ability to work effectively with other individuals, sometimes from a distance, has never been more critical. Those individuals who exhibit excellent communication, teamwork, and interpersonal skills will likely be in high demand.
What skills will help Clinical Business Managers earn the most?
Thomas Gainey Ph.D.: With such a growing reliance on technology and data analytics, skills related to these areas will likely command higher salaries. Individuals with training in areas such as software engineering, digital marketing, web design, and quantitative analysis should find well-paid opportunities in the job market.
Hagit Weihs Ph.D.
Associate Professor of Accounting in the Brandeis International Business School and the Undergraduate Advising Head to the Business ProgramBrandeis University
International Business School
What skills will help Clinical Business Managers earn the most?
Hagit Weihs Ph.D.: Students who specialize in a certain discipline will earn a higher initial salary. Examples are accounting or finance, marketing, real estate - having a deeper understanding of the discipline and internship and/or field project experience in that discipline. Networking, drive, and creativity, as well as the willingness to continue to learn and grow, will all continue to increase salary down the road.
What experience really stands out on Clinical Business Manager resumes?
Karen Monsen Ph.D. RN, FAMIA, FNAP, FAAN: Hands-on experience means more than training, even though the training is essential. Volunteer to create, from the ground up, something that is innovative or practical. Participate in teams that develop or enhance a tech solution. Provide links to your successful projects. Show that you can do what you're trained to do.
Patrick Scott Ph.D.
Assistant Professor of EconomicsLouisiana Tech University
Economics and Finance Department
What type of skills will young Clinical Business Managers need?
Patrick Scott Ph.D.: I think the importance of critical thinking and reasoning skills cannot be overstated enough. In this area, economics shines. Additionally, analytical and quantitative skills are more important than ever. Businesses continue to make the shift towards data-driven decision making. The ability to quickly analyze data and correctly assign an interpretation or meaning to that data is an important job market skill. With just a little bit of economic intuition, combined data science skills, business economics majors are uniquely positioned for success in the job market of tomorrow.