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The differences between medical managers and practice managers 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 manager and a practice manager. Additionally, a medical manager has an average salary of $129,941, which is higher than the $107,374 average annual salary of a practice manager.
The top three skills for a medical manager include healthcare, patients and patient care. The most important skills for a practice manager are patients, patient care, and customer service.
| Medical Manager | Practice Manager | |
| Yearly salary | $129,941 | $107,374 |
| Hourly rate | $62.47 | $51.62 |
| Growth rate | 28% | 28% |
| Number of jobs | 74,729 | 38,196 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A medical manager is a health care expert primarily in charge of overseeing a particular department or office, ensuring efficiency and smooth workflow. Their responsibilities typically revolve around performing administrative tasks such as arranging schedules and appointments, handling calls and correspondence, maintaining personal records of patients, updating medical histories, and liaising with insurance companies for updates and verification. There are also instances where they must produce progress reports, delegate tasks, and train new staff, all while adhering to the hospital's policies and regulations.
A practice manager is responsible for supervising daily operations, especially on the side of the medical industry. Practice managers monitor staffing needs, train new employees, and evaluate the employees' productivity and performance. They also enforce strict guidelines and procedures, ensuring that the processes adhere to the legal standards and regulatory requirements. Practice managers also maintain budget goals, creating cost estimates and expense reports. A practice manager must have strong communication, analytical, and critical-thinking skills, as well as comprehensive knowledge of the medical industry practices.
Medical managers and practice managers have different pay scales, as shown below.
| Medical Manager | Practice Manager | |
| Average salary | $129,941 | $107,374 |
| Salary range | Between $51,000 And $328,000 | Between $65,000 And $175,000 |
| Highest paying City | Seattle, WA | Providence, RI |
| Highest paying state | Connecticut | Rhode Island |
| Best paying company | Takeda Pharmaceuticals U.S.A., Inc. | Davis Wright Tremaine |
| Best paying industry | Pharmaceutical | Technology |
There are a few differences between a medical manager and a practice manager in terms of educational background:
| Medical Manager | Practice Manager | |
| Most common degree | Bachelor's Degree, 45% | Bachelor's Degree, 55% |
| Most common major | Nursing | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between medical managers' and practice managers' demographics:
| Medical Manager | Practice Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 26.2% Female, 73.8% | Male, 25.3% Female, 74.7% |
| Race ratio | Black or African American, 10.7% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 8.2% White, 61.2% American Indian and Alaska Native, 0.7% | Black or African American, 11.9% Unknown, 4.3% Hispanic or Latino, 14.2% Asian, 7.9% White, 61.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 12% | 12% |