| Average Cash Compensation | $ 287,600 | ||
| Average gross annual salary | $ 244,500 | ||
| Percentage eligible for bonus or profit sharing | 92% | ||
| Average bonus or profit sharing | $46,900 | ||
| Median Cash Compensation | $ 264,500 | ||
| Percentage reporting directly to the top administrator | 26% | ||
| Percentage reporting directly to an officer | 72% | ||
| Number of Participants | 88 | ||
| DEMOGRAPHICS | |||
| Average Age | 54 | ||
| Average Years Experience in Healthcare | 29 | ||
| Average Years Member of HFMA | 19 | ||
| Average Years in Current Position | 6 | ||
| Average Number of Employees Under Direction | 520 | ||
| Median Number of Employees Under Direction | 375 | ||
| CERTIFICATIONS | Percentage | Compensation | |
| CPA | 10% | -small sample- | |
| FHFMA or CHFP | 23% | $281,700 | |
| EDUCATION | Percentage | Compensation | |
| Bachelor’s Degree | 26% | $260,700 | |
| Master’s Degree | 68% | $300,000 | |
| ORGANIZATION TYPE | Percentage | Compensation | |
| Hospital or Medical Center | 28% | $263,900 | |
| System level, headquarters or regional | 72% | $297,000 | |
| GENDER | Percentage | Compensation | |
| Men | 48% | $280,000 | |
| Women | 52% | $294,600 | |
| NET OPERATING REVENUE OF EMPLOYER | Percentage | Compensation | |
| Less than or equal to $1 billion | 30% | $219,700 | |
| From $1.1 billion to $2,100 billion | 33% | $296,900 | |
| Equal to or Greater than $2,300 million | 31% | $350,000 | |
| YEARS IN HEALTHCARE | Percentage | Compensation | |
| Less than or equal to 26 Years | 32% | $272,900 | |
| From 27 to 33 Years | 27% | $319,200 | |
| More than or equal to 34 Years | 33% | $284,000 | |
| NUMBER OF REPORTING EMPLOYEES | Percentage | Compensation | |
| Less than or equal to 250 Employees | 34% | $250,600 | |
| From 265 to 500 Employees | 33% | $283,100 | |
| Greater than or equal to 520 Employees | 33% | $330,400 | |
| REGION | Percentage | Compensation | |
| Northeast | 23% | $318,400 | |
| South | 28% | $265,400 | |
| Midwest | 30% | $277,800 | |
| West | 19% | -small sample- | |
| YEARS IN HFMA | Percentage | Compensation | |
| Less than or equal to 13 Year | 34% | $256,200 | |
| From 14 to 24 Years | 34% | $312,500 | |
| More than or equal to 25 Years | 32% | $294,600 | |
All of the respondents include “Vice President” or “VP” in their title. This sample includes titles such as “Senior” and “Executive” VP, but not “Assistant” VP.
Titles also include the language “Revenue Cycle” or the equivalent.
8 vice presidents of revenue cycle responded to the survey, out of 244 sampled, resulting in a response rate of 36%.
There is 95% probability that the mean compensation for directors and managers of patient access in HFMA lies between $268,200 and $307,100.
