Practice management consultant vs management consultant

The differences between practice management consultants and management 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 management consultant. Additionally, a management consultant has an average salary of $99,360, which is higher than the $92,700 average annual salary of a practice management consultant.

The top three skills for a practice management consultant include financial services, project management and business development. The most important skills for a management consultant are healthcare, project management, and portfolio.

Practice management consultant vs management consultant overview

	Practice Management Consultant	Management Consultant
Yearly salary	$92,700	$99,360
Hourly rate	$44.57	$47.77
Growth rate	11%	11%
Number of jobs	123,902	153,045
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 management consultant do?

A management consultant's responsibility focuses on conducting an in-depth analysis of a company or business, including its target market. Through their findings, they can devise strategies that will help the business grow and attain a significant profit. There are also instances when a management consultant must solve particular issues that will require them to investigate the problem, assess damages, identify risks, and recommend the best solutions to take. Furthermore, a management consultant must adhere to the company's vision, mission, and policies at all times.

Practice management consultant vs management consultant salary

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

	Practice Management Consultant	Management Consultant
Average salary	$92,700	$99,360
Salary range	Between $66,000 And $130,000	Between $72,000 And $136,000
Highest paying City	-	Jersey City, NJ
Highest paying state	-	New Jersey
Best paying company	-	Apple
Best paying industry	-	Technology

Differences between practice management consultant and management consultant education

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

	Practice Management Consultant	Management 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 management consultant demographics

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

	Practice Management Consultant	Management Consultant
Average age	44	44
Gender ratio	Male, 50.3% Female, 49.7%	Male, 65.9% Female, 34.1%
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, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.6% White, 64.8% American Indian and Alaska Native, 0.2%
LGBT Percentage	12%	12%

Differences between practice management consultant and management 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.

Management consultant example responsibilities.

Streamline and program manage operations for end-to-end creation of all assets using Smartsheet.
Lead daily agile scrum meetings towards the end of the development phase of the project.
Monitor and control project schedule for SaaS product to achieve project deliveries in at least 95th percentile.
Lead teams in implementation of value map streaming, ISO 9000 and waste reduction in manufacturing process.
Manage functional design team activities using baseline scope document information and develop process standards in line with SDLC methodologies.
Develop light-weight (fast) proprietary cloud-base licensing engine and UI to manage and track end user subscription licenses.

Practice management consultant vs management 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 management consultant skills

Healthcare, 9%
Project Management, 7%
Portfolio, 6%
Business Process, 5%
Business Strategy, 5%
Business Development, 4%

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Practice Management Consultant
Practice Management Consultant vs Management Consultant

Updated January 8, 2025

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