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The differences between consulting practice managers and practice management consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a consulting practice manager, becoming a practice management consultant takes usually requires 2-4 years. Additionally, a consulting practice manager has an average salary of $146,729, which is higher than the $92,700 average annual salary of a practice management consultant.
The top three skills for a consulting practice manager include project management, business plan and customer satisfaction. The most important skills for a practice management consultant are financial services, project management, and business development.
| Consulting Practice Manager | Practice Management Consultant | |
| Yearly salary | $146,729 | $92,700 |
| Hourly rate | $70.54 | $44.57 |
| Growth rate | 16% | 11% |
| Number of jobs | 42,595 | 123,902 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 63% |
| Average age | 47 | 44 |
| Years of experience | 8 | 4 |
A consulting practice manager deals with the logistics of fulfilling client agreements promptly, should be consistent in meeting client expectations, and efficient in utilizing internal and external resources. This is the reason why they need technical, analytical, and leadership skills on top of having a bachelor's degree and past practice management experiences. Other responsibilities include managing targets on the utilization of a consultants' time, create monthly utilization reports, and produce management information reports. Also, they maintain an accurate overview of the progress of client projects.
Practice management consultants need a bachelor's or master's degree in business, health policy, or economics. They also need a strong skill set in communication, problem-solving, analysis, flexibility, and teamwork in order to be successful in this career. Those who choose this career path work with providers and practice managers to identify and quantify practice management issues and implement solutions to these problems.
Consulting practice managers and practice management consultants have different pay scales, as shown below.
| Consulting Practice Manager | Practice Management Consultant | |
| Average salary | $146,729 | $92,700 |
| Salary range | Between $106,000 And $202,000 | Between $66,000 And $130,000 |
| Highest paying City | Concord, NH | - |
| Highest paying state | New Hampshire | - |
| Best paying company | Avnet | - |
| Best paying industry | Technology | - |
There are a few differences between a consulting practice manager and a practice management consultant in terms of educational background:
| Consulting Practice Manager | Practice Management Consultant | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 63% |
| Most common major | Business | Business |
| Most common college | Carnegie Mellon University | Northwestern University |
Here are the differences between consulting practice managers' and practice management consultants' demographics:
| Consulting Practice Manager | Practice Management Consultant | |
| Average age | 47 | 44 |
| Gender ratio | Male, 57.3% Female, 42.7% | Male, 50.3% Female, 49.7% |
| Race ratio | Black or African American, 6.7% Unknown, 5.2% Hispanic or Latino, 10.0% Asian, 12.7% White, 65.3% American Indian and Alaska Native, 0.2% | Black or African American, 8.3% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 11.8% White, 66.1% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 12% |