The median total compensation of CIOS in U.S. medical groups was $170,314 in 2015, according to executives at the Englewood, Colorado-based Medical Group Management Association. MGMA executives released that figure to Healthcare Informatics upon the release of broader statistics on June 27 around medical group CEO and group practice executive compensation, based on that association’s recent surveying of executives about what they earned.
MGMA’s compensation survey found that those executives who work for large practices and for hospital-owned group practices, are earning the highest salaries, with non-physician CEOs of medical group practices owned by hospitals having median compensation of $305,000, versus $242,000 being the median for non-physician CEOs at physician-owned practices. Meanwhile, the $170,314 figure that MGMA released exclusively to HCI detailing the median compensation for CIOs of medical group practices, places medical group CIO salaries somewhat lower on average than those of CIOs in hospitals, yet probably comparable with regard to organizational size.