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What Does A Medical Consultant Do?

A medical consultant assists doctors and other medical staff in running a healthcare facility. They give advice on matters such as salaries, staffing, advertising, safety, patient confidentiality and insurance plan compliance. They are also responsible for gathering and analyzing data, coming up with conclusions, providing recommendations to the employer, helping the institution ensure they are compliant with insurance and safety standards, and offering advice that will help optimize the performance of the health facility.

Here are examples of responsibilities from real medical consultant resumes representing typical tasks they are likely to perform in their roles.

  • Manage CMS require oversight of in-home, at-risk Medicare member care management programs through chart audit and NCQA on-site visits.
  • Lead the planning, organization, execution, and analysis of coding, billing, HIPAA, and OSHA audits.
  • Manage diagnostic and procedural coding for emergency department, outpatient, observation, and ancillary services for a general hospital.
  • Provide SharePoint development and administration, budget and financial reporting; manage invoicing; and develop training manuals and user guides.
  • Experience in dental CPT and ICD-9, as well as medical CPT and ICD-9 coding.
  • Assist in training and transition to new EMR and billing software.
  • Prepare and submit FDA 510k documents on new and existing products.
  • Demonstrate knowledge of ICD-9-CM and CPT coding guidelines, medical terminology, anatomy, and physiology.
  • Offer information and guidance with EHR implementation (but not to carry out such an implementation).
  • Provide support and assistance to clinicians during go live clinical implementation of EMR (electronic medical record).
Medical Consultant Traits
Leadership skills directly correlate with a person's ability to lead others toward success or an accomplishment.
Technical skills refer to specific ability or knowledge that is needed to carry out every day responsibilities, such as physical or digital tasks.
Detail oriented involves being extremely mindful and observant of all details.

Medical Consultant Overview

Perhaps the hardest question to answer when deciding on a career as a medical consultant is "should I become a medical consultant?" You might find this info to be helpful. When compared to other jobs, medical consultant careers are projected to have a growth rate described as "much faster than average" at 18% from 2018 through 2028. This is in accordance with the Bureau of Labor Statistics. What's more, is that the projected number of opportunities that are predicted to become available for a medical consultant by 2028 is 71,600.

A medical consultant annual salary averages $110,410, which breaks down to $53.08 an hour. However, medical consultants can earn anywhere from upwards of $63,000 to $193,000 a year. This means that the top-earning medical consultants make $143,000 more than the lowest-earning ones.

It's hard work to become a medical consultant, but even the most dedicated employees consider switching careers from time to time. Whether you're interested in a more challenging position or just looking for a fresh start, we've compiled extensive information on becoming an interim director, pharmacist manager, nursing director, and nurse manager.

Medical Consultant Jobs You Might Like

Medical Consultant Skills and Personality Traits

We calculated that 20% of Medical Consultants are proficient in Medical Records, Patient Care, and Surgery. They’re also known for soft skills such as Leadership skills, Technical skills, and Detail oriented.

We break down the percentage of Medical Consultants that have these skills listed on their resume here:

  • Medical Records, 20%

    Monitor quality of data between medical records and the electronic management information systems.

  • Patient Care, 19%

    Presented data to practice management/medical directors and made suggestions to increase practice revenue by implementing patient care measures.

  • Surgery, 6%

    Provided accounts receivable management, account payable management, surgery coding, HIPAA compliance audits and training to various medical practices.

  • Oncology, 5%

    Fox Chase Cancer Center, Radiology and Oncology coder.

  • Healthcare, 5%

    Performed reimbursement and evidence-based valuation analyses, product development support and market positioning for healthcare technology and service companies.

  • Telemedicine, 4%

    Founded and grew this non-profit organization into the world's most authoritative source of information about telemedicine.

Most medical consultants list "medical records," "patient care," and "surgery" as skills on their resumes. We go into more details on the most important medical consultant responsibilities here:

  • Arguably the most important personality trait for a medical consultant to have happens to be leadership skills. An example from a resume said this about the skill, "these managers are often responsible for finding creative solutions to staffing or other administrative problems" Additionally, other resumes have pointed out that medical consultants can use leadership skills to "trained and hired new sales representatives, provided clinical staff training, and directed training for leadership meetings. "
  • Another commonly found skill for being able to perform medical consultant duties is the following: technical skills. According to a medical consultant resume, "medical and health services managers must stay up to date with advances in healthcare technology and data analytics." Check out this example of how medical consultants use technical skills: "marketed, sold, and programmed highly technical medical devices for individuals with severe communication disabilities. "
  • Medical consultants are also known for detail oriented, which can be critical when it comes to performing their duties. An example of why this skill is important is shown by this snippet that we found in a medical consultant resume: "medical and health services managers must pay attention to detail" We also found this resume example that details how this skill is put to the test: "detailed and prompt reporting of adverse events or compliance issues according to company protocol in conjunction with fda reporting guidelines. "
  • A medical consultant responsibilities sometimes require "analytical skills." The responsibilities that rely on this skills are shown by this resume excerpt: "medical and health services managers must understand and follow current regulations and adapt to new laws." This resume example shows how this skill is used by medical consultants: "developed design process documents for traceability analysis and fda submission of a critical- care hemodynamic monitor developed overseas. "
  • Another common skill for a medical consultant to be able to utilize is "communication skills." These managers must effectively communicate policies and procedures to other health professionals and ensure their staff’s compliance with new laws and regulations. A medical consultant demonstrated the need for this skill by putting this on their resume: "assure compliance with fda requirements as it affects professional medical communications. "
  • See the full list of medical consultant skills.

    We've found that 30.5% of medical consultants have earned a bachelor's degree. Furthermore, 25.0% earned their master's degrees before becoming a medical consultant. While it's true that most medical consultants have a college degree, it's generally possible to become one with only a high school degree. In fact, one out of every eight medical consultants did not spend the extra money to attend college.

    The medical consultants who went onto college to earn a more in-depth education generally studied medicine and nursing, while a small population of medical consultants studied business and health care administration.

    Once you're ready to become a medical consultant, you should explore the companies that typically hire medical consultants. According to medical consultant resumes that we searched through, medical consultants are hired the most by Mitchell International, PA Consulting, and State of North Carolina. Currently, Mitchell International has 3 medical consultant job openings, while there are 2 at PA Consulting and 2 at State of North Carolina.

    Since salary is important to some medical consultants, it's good to note that they are figured to earn the highest salaries at Lahey Hospital & Medical Center, Priority Health, and State of North Carolina. If you were to take a closer look at Lahey Hospital & Medical Center, you'd find that the average medical consultant salary is $126,702. Then at Priority Health, medical consultants receive an average salary of $65,763, while the salary at State of North Carolina is $43,441.

    View more details on medical consultant salaries across the United States.

    The industries that medical consultants fulfill the most roles in are the health care and technology industries. But the highest medical consultant annual salary is in the pharmaceutical industry, averaging $113,200. In the insurance industry they make $85,675 and average about $83,042 in the government industry. In conclusion, medical consultants who work in the pharmaceutical industry earn a 59.3% higher salary than medical consultants in the health care industry.

    The three companies that hire the most prestigious medical consultants are:

      What Interim Directors Do

      An interim director is responsible for supporting business operations, organizing training, as well as specific department programs for staff to maximize their productivity and improve optimal performance to meet project deliverables and achieve client satisfaction. Interim directors coordinate with the management and board executives on corporate decisions, implementing company guidelines and procedures, and identifying business opportunities to generate more revenues and profitability. They also analyze financial statements and business transactions, developing strategies to reduce expenses and minimize loss without sacrificing the organization's quality services.

      We looked at the average medical consultant annual salary and compared it with the average of an interim director. Generally speaking, interim directors receive $10,199 lower pay than medical consultants per year.

      While the salaries between these two careers can be different, they do share some of the same responsibilities. Employees in both medical consultants and interim directors positions are skilled in patient care, surgery, and healthcare.

      There are some key differences in responsibilities as well. For example, a medical consultant responsibilities require skills like "medical records," "oncology," "telemedicine," and "consultants." Meanwhile a typical interim director has skills in areas such as "procedures," "oversight," "financial management," and "facility." This difference in skills reveals how truly different these two careers really are.

      Interim directors really shine in the health care industry with an average salary of $143,633. Whereas medical consultants tend to make the most money in the pharmaceutical industry with an average salary of $113,200.

      On average, interim directors reach higher levels of education than medical consultants. Interim directors are 10.5% more likely to earn a Master's Degree and 13.1% less likely to graduate with a Doctoral Degree.

      What Are The Duties Of a Pharmacist Manager?

      A pharmacist manager is responsible for monitoring the daily operations of a pharmacy, ensuring that all pharmacy personnel provides the right medication to the customers based on the prescription. Pharmacist managers assist in advising the customers for the instructions of their medications, including its dosage and instructions of intake. They manage the inventory and keep safe and clean storage for the products at all times. A pharmacist manager must have a comprehensive knowledge of the medical industry, as well as excellent communication skills, especially in responding to the customers' concerns and inquiries.

      The next role we're going to look at is the pharmacist manager profession. Typically, this position earns a lower pay. In fact, they earn a $26,018 lower salary than medical consultants per year.

      Not everything about these jobs is different. Take their skills, for example. Medical consultants and pharmacist managers both include similar skills like "patient care," "healthcare," and "health care" on their resumes.

      But both careers also use different skills, according to real medical consultant resumes. While medical consultant responsibilities can utilize skills like "medical records," "surgery," "oncology," and "telemedicine," some pharmacist managers use skills like "customer service," "federal laws," "inventory levels," and "company policies."

      Pharmacist managers may earn a lower salary than medical consultants, but pharmacist managers earn the most pay in the retail industry with an average salary of $90,126. On the other side of things, medical consultants receive higher paychecks in the pharmaceutical industry where they earn an average of $113,200.

      When it comes to the differences in education between the two professions, pharmacist managers tend to reach lower levels of education than medical consultants. In fact, they're 17.3% less likely to graduate with a Master's Degree and 13.1% more likely to earn a Doctoral Degree.

      How a Nursing Director Compares

      A nursing director's role is to oversee and evaluate all nurse staff in a hospital or organization, ensuring their efficiency at providing care towards patients. A nursing director's responsibilities mainly revolve around administrative tasks such as coordinating with physicians and other consultants, producing reports, conducting assessments, managing the budget and expenditures, and resolving issues. Furthermore, a nursing director must keep and maintain accurate records, ensuring all procedures adhere to the highest health standards and aligns with the hospital's policies and regulations.

      Let's now take a look at the nursing director profession. On average, these workers make lower salaries than medical consultants with a $39,376 difference per year.

      Using medical consultants and nursing directors resumes, we found that both professions have similar skills such as "medical records," "patient care," and "health care," but the other skills required are very different.

      As mentioned, these two careers differ between other skills that are required for performing the work exceedingly well. For example, gathering from medical consultants resumes, they are more likely to have skills like "surgery," "oncology," "healthcare," and "telemedicine." But a nursing director might have skills like "procedures," "infection control," "cpr," and "don."

      Additionally, nursing directors earn a higher salary in the health care industry compared to other industries. In this industry, they receive an average salary of $73,478. Additionally, medical consultants earn an average salary of $113,200 in the pharmaceutical industry.

      Nursing directors are known to earn lower educational levels when compared to medical consultants. Additionally, they're 6.1% less likely to graduate with a Master's Degree, and 19.0% less likely to earn a Doctoral Degree.

      Description Of a Nurse Manager

      The primary role of nurse managers is to supervise the nursing staff in a clinical or hospital setting. They are the ones who are in charge of patient care, setting work schedules, and making budgetary and management decisions. They are also responsible for making personnel decisions, coordinating meetings, and creating safe environments that promote patient engagement and aid the healthcare team's work. Their role is vital in promoting a culture in which team members contribute to professional growth and patient outcomes.

      Nurse managers tend to earn a lower pay than medical consultants by about $43,864 per year.

      While their salaries may vary, medical consultants and nurse managers both use similar skills to perform their jobs. Resumes from both professions include skills like "medical records," "patient care," and "surgery. "

      Each job requires different skills like "healthcare," "consultants," "internal medicine," and "ehr," which might show up on a medical consultant resume. Whereas nurse manager might include skills like "procedures," "facility," "treatment plans," and "cpr."

      In general, nurse managers make a higher salary in the non profits industry with an average of $87,585. The highest medical consultant annual salary stems from the pharmaceutical industry.

      In general, nurse managers reach similar levels of education when compared to medical consultants resumes. Nurse managers are 1.6% more likely to earn their Master's Degree and 19.1% less likely to graduate with a Doctoral Degree.