Summary of Findings
Average cash compensation $108,200
Average gross annual salary $103,500
Percentage eligible for bonus or profit sharing 59%
Average bonus or profit sharing $7,900
Median cash compensation $101,400
Percentage reporting directly to an officer 74%
Percentage reporting to a mid-level manager 20%
Number of participants 167



Demographics

Average age 47
Average years experience in health care 21.5
Average years member of HFMA 12
Average years in current position 6
Average number of employees under direction 8
Median number of employees under direction 4



Certifications

CPA 14% -small sample-
FHFMA or CHFP 7% -small sample-



Education

Bachelor 38% $100,200
Graduate degree 55% $115,800



Title

Manager 41% $87,600
Director 54% $123,600



Organization Type

Hospital with 192 beds or less 17% $89,600
Hospital from 200 to 330 beds 19% $98,300
Hospital from 331 to 475 beds 19% $107,900
Hospital with 480 beds or greater 18% $108,600
System level, headquarters or regional 26% $127,900



Gender

Men 50% $111,300
Women 49% $105,200



Net Operating Revenue of Employer

Less than or equal to $180 million 22% $93,800
From $181 million to $375 million 22% $101,100
From $385 million to $860 million 22% $106,000
Greater than or equal to $900 million 22% $137,800



Years in Healthcare

Less than or equal to 15 years 24% $95,300
From 16 to 21 years 22% $116,400
From 22 to 27 years 22% $108,900
More than or equal to 28 years 24% $115,000



Number of Reporting Employees

Less than or equal to 2 employees 30% $89,300
From 3 to 3.5 employees 13% $107,700
From 4 to 7 employees 32% $110,500
Greater than or equal to 8 employees 25% $128,600



Region

Northeast 25% $102,800
South 27% $104,400
Midwest 29% $110,000
West 19% $116,300



Adjusted Medicare Wage Index 2008

Less than or equal to .9041 25% $90,100
From .9082 to .9861 25% $106,900
From .9894 to 1.0664 25% $118,100
More than or equal to 1.0685 25% $116,100



Years in HFMA

Less than or equal to 4 year 25% $98,500
From 5 to 10 years 26% $100,700
From 11 to 18 years 26% $122,200
More than or equal to 20 years 23% $111,400




Additional Information
All of the participants have titles indicating mid-management responsibilities.
Most titles include the words "decision support."

167 decision support managers and directors responded to the survey, out of 305 sampled, resulting in a response rate of 55%.

There is 95% probability that the mean compensation for directors and managers of decision support in HFMA lies between $103,000 and $113,400.

 

Publication Date: Monday, July 27, 2009

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