Chief Operating Officer - Physician Practice Salary in the United States

How much does a Chief Operating Officer - Physician Practice make in the United States? The average Chief Operating Officer - Physician Practice salary in the United States is $347,849 as of May 25, 2023, but the range typically falls between $270,530 and $428,558. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, helps you determine your exact pay target.  View the Cost of Living in Major Cities

Job Description

Responsible for planning, organizing, and directing operational objectives for one or more physician office sites. Assists in the development and implementation of strategic long-term goals. Provides fiscal management to include analysis, forecasting, budgetary responsibilities, and negotiates contracts. Reviews metrics and revenue cycle performance and recommends and implements strategies for improvement and growth. May require a master's degree. Typically reports to ceo or board of directors. Manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2023

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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Chief Operating Officer - Physician Practice in the United States. The base salary for Chief Operating Officer - Physician Practice ranges from $270,530 to $428,558 with the average base salary of $347,849. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $289,620 to $499,904 with the average total cash compensation of $389,460.
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Career Path for this job

  1. Down a level:

    Physician Practice Operations Manager

    Bachelor's Degree

  2. This Job:

    Chief Operating Officer - Physician Practice

    Master's Degree

  3. Up a level:

    Chief Executive Officer - Physician Practice

    JD, MD, PhD or Equivalent

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