What is a Practice Manager

If you desire to work in the healthcare field but are not interested in giving direct care to patients or clients, then pursuing a career in administration as a practice manager may be an ideal role for you. It's an exciting role with lots of varied work, plenty of career rewards, and lucrative salaries. Besides having a high salary potential, a career as a practice manager provides benefits like being in one of the most recession-proof industries, ensuring a high level of job stability. You might be wondering who exactly is a practice manager. A practice manager is a healthcare professional who oversees the business side of the medical practice. They ensure the day-to-day operations run smoothly and meet the financial objectives. Whether your title is manager, physician practice manager, practice administrator, or executive director, as a practice manager, you may wear several different hats in making sure that medical practice runs smoothly and efficiently. Working as a practice manager, in addition to managerial tasks, your duties may include hiring and training administrative staff, keeping records, and managing budgets and payments. Being a practice manager, you may not only work under the supervision of a single-specialty physician, but you may work in a variety of settings, including hospital-based practice, diagnostic imaging center, ambulatory surgery center, or even in academic centers. Generally, working in a medical facility, you may work during regular business hours, but you may work during weekends when your medical office opens. Occasionally, you may work overtime or may travel for meetings and conferences.

To take the role of a practice manager, like any other administrative professionals in the industry, you may require a bachelor's degree in business management, human resources, or a related field. However, earning a master's degree in public administration or healthcare management may help fuel your resume. Most employers prefer an individual with a strong administrative, educational background, having a proven experience working in a managerial position in a clinic or medical setting. To be successful, you must have an eye for detail, excellent communication and organizational skills, and an ability to manage employees with different personalities and backgrounds effectively.

Working as a practice manager, you may also receive the emotional rewards of working alongside physicians, insurance representatives, healthcare staff members, and patients in handling the daily operations of your medical facility. Additionally, you may earn an average annual wage of $91,000. However, your additional years of experience in medical practice management may lead to sizable salary increases in the future. Above all, the demand for practice managers may expect to rise dramatically over the next decade. In fact, according to the Bureau of Labor Statistics, the employment of practice managers may grow at a rapid rate of 23 percent before 2022. This projected growth rate is more than twice the nation's average 11 percent increase across all other occupations. As the demand for medical services grows among the large aging baby boomer population, the job prospects become foreseeable to you as a practice manager.

There is more than meets the eye when it comes to being a Practice Manager. For example, did you know that they make an average of $54.25 an hour? That's $112,839 a year!

Between 2018 and 2028, the career is expected to grow 18% and produce 71,600 job opportunities across the U.S.

What Does a Practice Manager Do

There are certain skills that many Practice Managers have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Detail oriented, Interpersonal skills and Technical skills.

Learn more about what a Practice Manager does

How To Become a Practice Manager

If you're interested in becoming a Practice Manager, one of the first things to consider is how much education you need. We've determined that 55.0% of Practice Managers have a bachelor's degree. In terms of higher education levels, we found that 13.8% of Practice Managers have master's degrees. Even though most Practice Managers have a college degree, it's possible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Practice Manager. When we researched the most common majors for a Practice Manager, we found that they most commonly earn Bachelor's Degree degrees or Associate Degree degrees. Other degrees that we often see on Practice Manager resumes include Master's Degree degrees or High School Diploma degrees.

You may find that experience in other jobs will help you become a Practice Manager. In fact, many Practice Manager jobs require experience in a role such as Office Manager. Meanwhile, many Practice Managers also have previous career experience in roles such as Medical Assistant or Administrative Assistant.

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And if you’re looking for a job, here are the five top employers hiring now:

  1. Deloitte Jobs (32)
  2. Ernst & Young Jobs (19)
  3. Accenture Jobs (19)
  4. PricewaterhouseCoopers Jobs (28)
  5. Microsoft Jobs (19)
Average Salary
$112,839
Average Salary
Job Growth Rate
18%
Job Growth Rate
Job Openings
43,987
Job Openings
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Average Salary for a Practice Manager

Practice Managers in America make an average salary of $112,839 per year or $54 per hour. The top 10 percent makes over $167,000 per year, while the bottom 10 percent under $75,000 per year.
Average Salary
$112,839
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12 Practice Manager Resume Examples

Learn How To Write a Practice Manager Resume

At Zippia, we went through countless Practice Manager resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Practice Manager Resume Examples And Templates

And if you’re looking for a job, here are the five top employers hiring now:

  1. Deloitte Jobs (32)
  2. Ernst & Young Jobs (19)
  3. Accenture Jobs (19)
  4. PricewaterhouseCoopers Jobs (28)
  5. Microsoft Jobs (19)

Choose From 10+ Customizable Practice Manager Resume templates

Zippia allows you to choose from different easy-to-use Practice Manager templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Practice Manager resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

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Practice Manager Demographics

Practice Manager Gender Statistics

female

74.7 %

male

25.3 %

Practice Manager Ethnicity Statistics

White

67.7 %

Hispanic or Latino

12.3 %

Black or African American

10.6 %

Practice Manager Foreign Languages Spoken Statistics

Spanish

61.9 %

French

7.0 %

Portuguese

5.4 %
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Practice Manager Education

Practice Manager Majors

32.1 %
12.1 %

Practice Manager Degrees

Bachelors

55.0 %

Associate

19.9 %

Masters

13.8 %

Top Colleges for Practice Managers

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

3. University of Michigan - Ann Arbor

Ann Arbor, MI • Private

In-State Tuition
$15,262
Enrollment
30,079

4. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

5. University of North Carolina at Chapel Hill

Chapel Hill, NC • Private

In-State Tuition
$8,987
Enrollment
18,946

6. Duke University

Durham, NC • Private

In-State Tuition
$55,695
Enrollment
6,596

7. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

8. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-State Tuition
$14,760
Enrollment
31,451

9. University of California, Irvine

Irvine, CA • Private

In-State Tuition
$13,700
Enrollment
29,722

10. University of Virginia

Charlottesville, VA • Private

In-State Tuition
$17,653
Enrollment
16,405
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Top Skills For a Practice Manager

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 15.1% of Practice Managers listed Patient Care on their resume, but soft skills such as Detail oriented and Interpersonal skills are important as well.

  • Patient Care, 15.1%
  • Customer Service, 7.8%
  • Clinical Staff, 5.5%
  • Practice Management, 4.0%
  • Daily Operations, 3.8%
  • Other Skills, 63.8%

Best States For a Practice Manager

Some places are better than others when it comes to starting a career as a Practice Manager. The best states for people in this position are Vermont, Rhode Island, Massachusetts, and Alaska. Practice Managers make the most in Vermont with an average salary of $157,226. Whereas in Rhode Island and Massachusetts, they would average $155,322 and $153,261, respectively. While Practice Managers would only make an average of $145,343 in Alaska, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Massachusetts

Total Practice Manager Jobs:
1,384
Highest 10% Earn:
$215,000
Location Quotient:
1.41
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Rhode Island

Total Practice Manager Jobs:
137
Highest 10% Earn:
$218,000
Location Quotient:
1.05
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Connecticut

Total Practice Manager Jobs:
444
Highest 10% Earn:
$196,000
Location Quotient:
1.25
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Practice Managers

How Do Practice Manager Rate Their Jobs?

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4.0

Experienced professional February 2020

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What do you like the most about working as Practice Manager?

Creating a positive environment and helping the growth of the practice. The challenge of it all is the most exciting! Show More

What do you NOT like?

Unnecessary complications that could have been avoided by staff and/or physicians. Show More

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Top Practice Manager Employers

Most Common Employers For Practice Manager

RankCompanyZippia ScoreAverage Practice Manager SalaryAverage Salary
1$162,911
2$160,444
3$158,624
4$158,155
5$145,344
6$137,916

Practice Manager Videos

Becoming a Practice Manager FAQs

Do you need a degree to be a practice manager?

Yes, you need a degree to be a practice manager. A person needs at least a bachelor's degree to become a medical practice manager. Popular degree programs for prospective medical practice managers include business, health policy, or economics.

Many practice managers also earn their master's degrees. A Master's Degree in Healthcare Administration (MHA) or Health Services Administration (MHSA) typically provides a prospective practice manager with the expertise they need.

Common curricula for these degrees typically include courses in:

  • Managerial accounting

  • Public health

  • Human resource management

  • Health finance

  • Operations

  • Information technology

  • Health economics

  • Ethics

  • Strategy and marketing

In addition to a bachelor's or master's degree, most employers also prefer candidates who have been certified by the American Academy of Professional Coders as a Certified Physician Practice Manager.

Most employers also prefer candidates who have prior experience in leadership or administration roles and a background in a medical setting. They must be familiar with healthcare procedures and terminology and stay current on HIPAA updates.

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How do I become a good practice manager?

To become a good practice manager, you must set a good example by demonstrating proper ethics, empathy, and continuing education. This means that good practice managers are always developing their hard and soft skills to exemplify what everyone working at the practice should be doing.

A practice manager manages the responsibilities of day-to-day operations for a medical practice. These duties include training new staff members, creating the shift schedule, supervising staff, and maintaining compliance with privacy standards.

All of these duties require highly developed interpersonal skills for a practice manager to be effective in their role. Good practice managers make sure that they are listening to their staff and setting an example of the expectations of the practice for its employees.

Good practice managers must have the ability to use good judgment and fairness in the day-to-day operation of the medical practice. And an excellent practice manager truly cares about the employees, can be calm during a crisis, and is open to constructive criticism.

When you see an excellent practice manager, you see someone generally interested in their work and enjoys people.

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How much money do practice managers make?

Practice managers make $100,000 per year, on average. The lowest 10% earned less than $60,000, and the highest 10% earned more than $195,000.

Salary for practice managers can vary significantly depending on several factors. These factors include the level of experience, educational achievements, size of the practice, and industry.

The top-paying industries for practice managers are government and hospitals. The average salaries for the top industries are as follows:

  • Government: $116,000

  • Hospitals; state, local, and private: $112,000

  • Outpatient care centers: $100,000

  • Offices of physicians: $94,000

Another common variance for salaries for practice managers is their own experience and educational levels. Industries will typically pay a practice manager with over ten years of experience and a master's degree close to the top 10% of salaries. Meanwhile, practice managers with only a few years of experience and a bachelor's degree will make less.

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