Practice management consultant vs business consultant

The differences between practice management consultants and business consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a practice management consultant and a business consultant. Additionally, a practice management consultant has an average salary of $92,700, which is higher than the $87,214 average annual salary of a business consultant.

The top three skills for a practice management consultant include financial services, project management and business development. The most important skills for a business consultant are data analysis, project management, and strong analytical.

Practice management consultant vs business consultant overview

	Practice Management Consultant	Business Consultant
Yearly salary	$92,700	$87,214
Hourly rate	$44.57	$41.93
Growth rate	11%	11%
Number of jobs	123,902	128,033
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 67%
Average age	44	44
Years of experience	4	4

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.

What does a business consultant do?

A business consultant is an individual who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people. To increase revenue in business, business consultants should have experience success with the previous business owners. Business consultants must also have a bachelor's degree in business management and received years of field training.

Practice management consultant vs business consultant salary

Practice management consultants and business consultants have different pay scales, as shown below.

	Practice Management Consultant	Business Consultant
Average salary	$92,700	$87,214
Salary range	Between $66,000 And $130,000	Between $64,000 And $117,000
Highest paying City	-	San Francisco, CA
Highest paying state	-	Alaska
Best paying company	-	ZS
Best paying industry	-	Technology

Differences between practice management consultant and business consultant education

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

	Practice Management Consultant	Business Consultant
Most common degree	Bachelor's Degree, 63%	Bachelor's Degree, 67%
Most common major	Business	Business
Most common college	Northwestern University	Northwestern University

Practice management consultant vs business consultant demographics

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

	Practice Management Consultant	Business Consultant
Average age	44	44
Gender ratio	Male, 50.3% Female, 49.7%	Male, 62.8% Female, 37.2%
Race ratio	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%	Black or African American, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.4% White, 65.1% American Indian and Alaska Native, 0.2%
LGBT Percentage	12%	12%

Differences between practice management consultant and business consultant duties and responsibilities

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.

Business consultant example responsibilities.

Partner with PMO and lead testing effort to ensure completeness of test data sets and to manage risk.
Manage requirements gathering, identify KPI s, and oversee design and architecture decisions.
Manage various SOX, HIPAA and PCI compliance projects from the planning stages to completion.
Apply the specific rules for HIPAA X12, Medicaid manage care requirements and industry best practices for transaction handling.
Manage external technology suppliers to assure functional operations and system architecture meet the business needs.
Perform successful UAT - good knowledge & experience in SDLC - SQL querying and data analysis.

Practice management consultant vs business consultant skills

Common practice management consultant skills

Financial Services, 15%
Project Management, 14%
Business Development, 8%
Human Resources, 8%
Client Relationships, 7%
Risk Management, 6%

Common business consultant skills

Data Analysis, 10%
Project Management, 9%
Strong Analytical, 8%
Analytics, 7%
Healthcare, 5%
Tableau, 5%

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Practice Management Consultant
Practice Management Consultant vs Business Consultant

Updated January 8, 2025

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