Health plan medical execs see pay increases














Compensation for medical directors and CMOs at staff-model health plans and in high-deductible health plans, as well as HMOs and PPOs, remains competitive when compared to what their counterparts at hospitals, physician practice groups, and in about 15 other categories get paid, according to Cejka Search.

For all physician executives in general, the average compensation was $288,000 in Cejka’s 2009 survey, a two-year increase of 11.6 percent (from $258,000). It is also 44 percent above the $200,000 median of 1999.

Chief medical officers reported a median annual salary of $324,750 and medical directors reported a median annual salary of $251,000. These amounts are in line with earnings of physician executives in the health insurance industry, where CMOs earn $316,500 and medical directors earn $250,000 annually.

A comparison of median compensation between physician executives working in the health insurance industry and those working for a single-specialty group shows mixed results. Medical directors working in a single specialty earned a greater salary ($340,000) than those working in health insurance, while CMOs working for a single-specialty group earned a lesser salary ($306,125) than those in health insurance.

Median compensation of CMOs 1999, 2007, and 2009

CMO’s time given to administration

Note: Compensation includes salary, bonuses, incentive payments, research stipends, honoraria, and distribution of profits. The data also include the total compensation for both administrative duties and the clinical practice of medicine.

Source: Cejka Search, 2009 Physician Executive Compensation Survey http://www.cejkasearch.com/acpe

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

Apply via email to jfedder1@hfhs.org or online at http://p.rfer.us/HENRYFORDlXqAJA

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