| Average cash compensation | $76,600 | ||
| Average gross annual salary | $76,100 | ||
| Percentage eligible for bonus/profit sharing | 22% | ||
| Average bonus/profit share | $2,200 | ||
| Median cash compensation | $75,000 | ||
| Percentage reporting directly to an officer | 19% | ||
| Percentage reporting to a mid-level manager | 77% | ||
| Number of participants | 149 | ||
Demographics |
|||
| Average age | 42 | ||
| Average years experience in health care | 14 | ||
| Average years member of HFMA | 6 | ||
| Average years in current position | 5 | ||
| Median number of employees under direction | 0 | ||
Certifications |
Percentage | Compensation | |
| CPA | 16% | $83,700 | |
| FHFMA or CHFP | 21% | $79,800 | |
Education |
Percentage | Compensation | |
| Bachelor’s degree | 50% | $75,200 | |
| Master’s degree | 42% | $78,000 | |
Title |
Percentage | Compensation | |
| Title begins with “Senior” or “Lead” or ends in “II” | 46% | $84,500 | |
Organization Type |
Percentage | Compensation | |
| Hospital with 160 beds or less | 13% | $76,800 | |
| Hospital with 161 to 369 beds | 13% | $76,600 | |
| Hospital with 370 to 600 beds | 13% | $79,000 | |
| Hospital with 601 beds or greater | 12% | $76,600 | |
| System level, headquarters or regional | 44% | $77,000 | |
Gender |
Percentage | Compensation | |
| Men | 37% | $76,000 | |
| Women | 60% | $77,600 | |
Net Operating Revenue of Employer |
Percentage | Compensation | |
| Less than or equal to $139 million | 20% | $64,000 | |
| From $140 million to $450 million | 22% | $74,200 | |
| From $451 million to $1.4 billion | 21% | $79,800 | |
| Greater than or equal to $1.5 billion | 21% | $92,300 | |
Years in Health Care |
Percentage | Compensation | |
| Less than or equal to 4 years | 20% | $63,900 | |
| From 5 to 13 years | 22% | $74,200 | |
| From 14 to 20 years | 21% | $79,800 | |
| More than or equal to 20 years | 21% | $92,300 | |
Number of Reporting Employees |
Percentage | Compensation | |
| None | 86% | $75,600 | |
| More than 0 employees | 10% | –small sample- | |
Region |
Percentage | Compensation | |
| Northeast | 22% | $71,300 | |
| South | 27% | $80,600 | |
| Midwest | 34% | $70,700 | |
| West | 17% | $89,200 | |
Adjusted Medicare Wage Index 2017 |
Percentage | Compensation | |
| Less than or equal to .8790 | 25% | $68,000 | |
| From .8801 to .9531 | 24% | $71,900 | |
| From .9550 to 1.0552 | 26% | $81,000 | |
| More than or equal to 1.0591 | 25% | $85,500 | |
Years of HFMA membership |
Percentage | Compensation | |
| Less than 1 year | 23% | $69,900 | |
| From 1 to 2 years | 25% | $70,200 | |
| From 3 to 9 years | 26% | $77,900 | |
| More than or equal to 10 years | 26% | $93,100 | |
All of the respondents have the word “analyst” in their titles, excluding IT and systems analysts. Examples include Financial Analyst, Reimbursement Analyst, Senior Analyst, and Decision Support Analyst. Most are not in management positions. 149 analysts responded to the survey, out of 606 sampled, resulting in a response rate of 25%. There is 95% probability that the mean compensation for analysts in HFMA lies between $73,100 and $80,100.
