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Consulting practice manager vs practice management consultant

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 vs practice management consultant overview

Consulting Practice ManagerPractice Management Consultant
Yearly salary$146,729$92,700
Hourly rate$70.54$44.57
Growth rate16%11%
Number of jobs42,595123,902
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 63%
Average age4744
Years of experience84

What does a consulting practice manager do?

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.

What does a practice management consultant do?

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 manager vs practice management consultant salary

Consulting practice managers and practice management consultants have different pay scales, as shown below.

Consulting Practice ManagerPractice Management Consultant
Average salary$146,729$92,700
Salary rangeBetween $106,000 And $202,000Between $66,000 And $130,000
Highest paying CityConcord, NH-
Highest paying stateNew Hampshire-
Best paying companyAvnet-
Best paying industryTechnology-

Differences between consulting practice manager and practice management consultant education

There are a few differences between a consulting practice manager and a practice management consultant in terms of educational background:

Consulting Practice ManagerPractice Management Consultant
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeCarnegie Mellon UniversityNorthwestern University

Consulting practice manager vs practice management consultant demographics

Here are the differences between consulting practice managers' and practice management consultants' demographics:

Consulting Practice ManagerPractice Management Consultant
Average age4744
Gender ratioMale, 57.3% Female, 42.7%Male, 50.3% Female, 49.7%
Race ratioBlack 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 Percentage11%12%

Differences between consulting practice manager and practice management consultant duties and responsibilities

Consulting practice manager example responsibilities.

  • Manage the creation of a strategy to migrate a large manage care organization to a vendor package to achieve HIPAA compliance.
  • Manage all on-site activities in such a way that promotes the satisfaction and welfare of the patients.
  • Manage the revenue, sales pipeline, forecasting, and margin target attainment for the hosted CRM practice.
  • Manage major transformation by creating/designing and implementing new EHR operating system providing communications, training and technical support throughout the process.
  • Maintain oversight of in-house practice management.
  • Interpret the practice s policies and procedures to employees, patients, family members, government agencies, as necessary.
  • Show more

Practice management consultant example responsibilities.

  • Manage a team responsible for designing service-orient application architecture, standards and best practices guidelines, security and data access frameworks.
  • Provide overall implementation of AllScripts EMR; develop and oversee implementation project milestones.
  • Solve lab EHR interface problems.
  • Implement all billing software upgrades and HIPAA compliance.
  • Provide in-service for physicians and staff on CPT coding.
  • Audit medical records for proper CPT (procedural) coding.
  • Show more

Consulting practice manager vs practice management consultant skills

Common consulting practice manager skills
  • Project Management, 28%
  • Business Plan, 24%
  • Customer Satisfaction, 9%
  • Cloud, 4%
  • Performance Management, 3%
  • Oracle Erp, 3%
Common practice management consultant skills
  • Financial Services, 15%
  • Project Management, 14%
  • Business Development, 8%
  • Human Resources, 8%
  • Client Relationships, 7%
  • Risk Management, 6%

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