Labor Cost Management

2017 Director/Manager of Decision Support Compensation Survey

July 21, 2017 12:07 pm

Average cash compensation $135,400
Average gross annual salary $128,800
Percentage eligible for bonus/profit sharing 62%
Average bonus/profit share $10,600
Median cash compensation $130,500
Percentage reporting directly to an officer 73%
Percentage reporting to a mid-level manager  18%     
Number of participants 95

Demographics

Average age 48
Average years experience in health care 22
Average years member of HFMA 12
Average years in current position 5
Average number of employees under direction     
Median number of employees under direction 4

Certifications

Percentage Compensation
CPA 17% $141,900
FHFMA or CHFP 28% $139,000

Education

Percentage Compensation
Bachelor’s degree 40% $129,300
Master’s degree 56% $141,900

Title

Percentage Compensation
Manager  35%    $107,400
Director  58%    $152,700 
       

Organization Type

Percentage Compensation
Hospital with 265 beds or less 17% $121,000
Hospital with 266 to 490 beds 18% $132,600
Hospital with 491 beds or greater  17%    $145,900 
System level, headquarters or regional 48% $137,800

Gender

Percentage Compensation
Men 48% $132,700
Women 51% $137,500

Net Operating Revenue of Employer

Percentage Compensation
Less than or equal to $199 million 23% $111,000
From $200 million to $539 million 23% $125,500
From $540 million to $1.65 billion  23%    $144,500 
Greater than or equal to $1.7 billion 23% $159,000

Years in Health Care

Percentage Compensation
Less than or equal to 14 years 22% $128,300
From 15 to 21 years 23% $119,800
From 22 to 28 years  26%    $147,200 
More than or equal to 29 years 24% $147,400

Number of Reporting Employees

Percentage Compensation
Less than or equal to 2 employees 28% $116,200
From 3 to 4 employees 25% $125,000
From 5 to 8 employees  20%    $147,100 
Greater than or equal to 9 employees  26%    $157,200 

Region

Percentage Compensation
Northeast 32% $134,200
South 26% $121,500
Midwest 27% $142,700
West 14% $147,500
       

Adjusted Medicare Wage Index 2017 

Percentage    Compensation 
Less than or equal to .8790  24%    $123,700 
From .8848 to .9550  27%    $133,400 
From .9602 to 1.0454  21%    $137,400 
More than or equal to 1.0471  26%    $145,300 

Years of HFMA membership

Percentage Compensation
Less than or equal to 4 years 24% $124,300
From 5 to 11 years 24% $136,200
From 12 to 17 years  25%    $130,300 
More than or equal to 18 years 26% $149,800

All of the respondents have titles indicating mid-management responsibilities. Most titles include the words “decision support.” 95 decision-support managers and directors responded to the survey, out of 409 sampled, resulting in a response rate of 23%. There is 95% probability that the mean compensation for directors and managers of decision support in HFMA lies between $127,600 and $143,100.

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