A new survey that reveals that compensation in the medical C-Suite rose steadily throughout 2015, also found the compensation increases may be attributed to greater demand and expanding responsibilities for these roles within healthcare organizations.
The findings are from American Medical Group Association’s AMGA 2015 Medical Group Executive and Leadership Compensation Survey, conducted by its consulting arm AMGA Consulting Services.
The survey report includes data on total cash compensation, base compensation, and earned bonus compensation for various management and executive positions. The compensation data presented are reported based on physician group size and region of the country.
Survey findings show that median total cash compensation for chief compliance officers (CCOs), chief information officers (CIOs), and chief medical officers (CMOs) has been steadily on the rise, increasing between 11% and 17% this past year.