| Average Cash Compensation | $75,000 | ||
| Average gross annual salary | $74,700 | ||
| Percentage eligible for bonus or profit sharing | 22% | ||
| Average bonus or profit sharing | $1,600 | ||
| Median Cash Compensation | $71,800 | ||
| Percentage reporting directly to an officer | 17% | ||
| Percentage reporting to a mid-level manager | 77% | ||
| Number of Participants | 196 | ||
| DEMOGRAPHICS | |||
| Average Age | 45 | ||
| Average Years Experience in Healthcare | 17 | ||
| Average Years Member of HFMA | 8 | ||
| Average Years in Current Position | 6 | ||
| Average Number of Employees Under Direction | 0 | ||
| Median Number of Employees Under Direction | 0 | ||
| CERTIFICATIONS | Percentage | Compensation | |
| CPA | 17% | $77,600 | |
| FHFMA or CHFP | 14% | $79,300 | |
| EDUCATION | Percentage | Compensation | |
| Bachelor’s Degree | 58% | $71,500 | |
| Master’s Degree | 35% | $83,100 | |
| TITLE | Percentage | Compensation | |
| Title begins with “Senior” or “Lead” or ends in “II” | 57% | $78,400 | |
| ORGANIZATION TYPE | Percentage | Compensation | |
| Hospital with 108 beds or less | 13% | $62,700 | |
| Hospital from 110 to 295 beds | 13% | $68,100 | |
| Hospital from 300 to 520 beds | 14% | $72,200 | |
| Hospital 535 beds or greater | 14% | $92,000 | |
| System level, headquarters or regional | 39% | $76,700 | |
| GENDER | Percentage | Compensation | |
| Men | 35% | $81,300 | |
| Women | 64% | $71,800 | |
| NET OPERATING REVENUE OF EMPLOYER | Percentage | Compensation | |
| Less than or equal to $84 million | 16% | $66,800 | |
| From $94 million to $381 million | 16% | $88,700 | |
| From $400 million to $995 million | 16% | $77,400 | |
| Greater than or equal to $1 billion | 16% | $80,500 | |
| YEARS IN HEALTHCARE | Percentage | Compensation | |
| Less than or equal to 6 Years | 19% | $72,800 | |
| From 7 to 13 Years | 22% | $71,700 | |
| From 14 to 25 Years | 21% | $77,200 | |
| More than or equal to 26 Years | 19% | $78,700 | |
| NUMBER OF REPORTING EMPLOYEES | Percentage | Compensation | |
| None | 93% | $74,500 | |
| More than 0 Employees | 7% | -small sample- | |
| REGION | Percentage | Compensation | |
| Northeast | 25% | $72,800 | |
| South | 23% | $83,400 | |
| Midwest | 35% | $68,500 | |
| West | 16% | $80,300 | |
| YEARS IN HFMA | Percentage | Compensation | |
| Less than or equal to 2 Years | 25% | $68,400 | |
| From 3 to 5 Years | 23% | $73,100 | |
| From 6 to 12 Years | 28% | $73,800 | |
| Greater than or equal to 13 Years | 24% | $85,000 | |
All of the respondents have the word “analyst” in their title, excluding IT and systems analysts. Most are not in management positions.
Examples include Financial Analyst, Reimbursement Analyst, Senior Analyst, and Decision Support Analyst.
196 analysts responded to the survey, out of 599 sampled, resulting in a response rate of 33%.
There is 95% probability that the mean compensation for analysts in HFMA lies between $70,600 and $79,500.
