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The differences between medical directors and managed care 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 medical director and a managed care director. Additionally, a medical director has an average salary of $230,317, which is higher than the $84,817 average annual salary of a managed care director.
The top three skills for a medical director include patients, medical care and medical services. The most important skills for a managed care director are patients, patient care, and social work.
| Medical Director | Managed Care Director | |
| Yearly salary | $230,317 | $84,817 |
| Hourly rate | $110.73 | $40.78 |
| Growth rate | 28% | 28% |
| Number of jobs | 75,810 | 93,987 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 32% | Bachelor's Degree, 50% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A medical director is responsible for handling the overall supervision of different medical departments, managing the coordination between medical teams to ensure smooth operations and achieve high-quality care services for the patients. Medical directors enforce strict guidelines and safety measures for everyone's adherence. They also implement medical care programs, recruit medical staff, inspect the adequacy of medical equipment, respond to patient's inquiries and concerns, and oversee the facilities' procedures. A medical director manages the budget of the department, allocating equal resources to address every need.
A managed care director is responsible for providing quality care services for the patients by supervising clinical operations and managing medical staff. Managed care directors review all the medical activities in the institution and disseminate communications across the organization. They coordinate with health care providers, negotiate contracts with suppliers and medical organizations, verify insurance details, analyze financial transactions, and implement policies for strict compliance. A managed care director must have excellent communication and organizational skills, especially in handling the department's performance and strategizing to improve services.
Medical directors and managed care directors have different pay scales, as shown below.
| Medical Director | Managed Care Director | |
| Average salary | $230,317 | $84,817 |
| Salary range | Between $143,000 And $369,000 | Between $53,000 And $134,000 |
| Highest paying City | Seattle, WA | Edison, NJ |
| Highest paying state | Alaska | Connecticut |
| Best paying company | UnitedHealth Group | Sanofi Genzyme |
| Best paying industry | Insurance | Health Care |
There are a few differences between a medical director and a managed care director in terms of educational background:
| Medical Director | Managed Care Director | |
| Most common degree | Bachelor's Degree, 32% | Bachelor's Degree, 50% |
| Most common major | Medicine | Nursing |
| Most common college | University of Michigan - Ann Arbor | University of Pennsylvania |
Here are the differences between medical directors' and managed care directors' demographics:
| Medical Director | Managed Care Director | |
| Average age | 47 | 47 |
| Gender ratio | Male, 57.0% Female, 43.0% | Male, 28.5% Female, 71.5% |
| Race ratio | Black or African American, 11.0% Unknown, 4.3% Hispanic or Latino, 14.2% Asian, 7.9% White, 61.8% American Indian and Alaska Native, 0.7% | Black or African American, 11.0% Unknown, 4.3% Hispanic or Latino, 14.8% Asian, 7.9% White, 61.3% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 12% | 12% |