| Average Cash Compensation | $127,000 | ||
| Average gross annual salary | $121,200 | ||
| Percentage eligible for bonus or profit sharing | 56% | ||
| Average bonus or profit sharing | $10,400 | ||
| Median Cash Compensation | $120,000 | ||
| Percentage reporting directly to an officer | 65% | ||
| Percentage reporting to a mid-level manager | 29% | ||
| Number of Participants | 246 | ||
| DEMOGRAPHICS | |||
| Average Age | 51 | ||
| Average Years Experience in Healthcare | 26 | ||
| Average Years Member of HFMA | 17 | ||
| Average Years in Current Position | 9 | ||
| Average Number of Employees Under Direction | 6 | ||
| Median Number of Employees Under Direction | 3 | ||
| CERTIFICATIONS | Percentage | Compensation | |
| CPA | 26% | $135,000 | |
| FHFMA or CHFP | 18% | $129,000 | |
| EDUCATION | Percentage | Compensation | |
| Bachelor’s Degree | 62% | $126,000 | |
| Master’s Degree | 33% | $131,300 | |
| TITLE | Percentage | Compensation | |
| Manager | 38% | $103,900 | |
| Director | 59% | $144,600 | |
| ORGANIZATION TYPE | Percentage | Compensation | |
| Hospital with 206 beds or less | 11% | $106,300 | |
| Hospital from 210 to 377 beds | 11% | $111,600 | |
| Hospital from 380 to 523 beds | 12% | $124,700 | |
| Hospital with 525 beds or greater | 11% | $131,300 | |
| System level, headquarters or regional | 52% | $134,200 | |
| GENDER | Percentage | Compensation | |
| Men | 54% | $131,700 | |
| Women | 45% | $121,200 | |
| NET OPERATING REVENUE OF EMPLOYER | Percentage | Compensation | |
| Less than or equal to $152 million | 21% | $113,000 | |
| From $153 million to $449 million | 21% | $117,700 | |
| From $450 million to $1,200 million | 22% | $134,000 | |
| Greater than or equal to $1,265 million | 21% | $150,800 | |
| YEARS IN HEALTHCARE | Percentage | Compensation | |
| Less than or equal to 20 Years | 25% | $105,200 | |
| From 21 to 26 Years | 20% | $119,300 | |
| From 27 to 33 Years | 25% | $131,200 | |
| More than or equal to 34 Years | 23% | $128,100 | |
| NUMBER OF REPORTING EMPLOYEES | Percentage | Compensation | |
| Less than or equal to .5 Employee | 17% | $113,500 | |
| From 1 to 2.5 Employees | 33% | $117,900 | |
| From 3 to 5 Employees | 27% | $133,200 | |
| More than or equal to 5.5 Employees | 24% | $142,300 | |
| REGION | Percentage | Compensation | |
| Northeast | 33% | $124,300 | |
| South | 24% | $135,800 | |
| Midwest | 29% | $118,500 | |
| West | 14% | $136,100 | |
| YEARS IN HFMA | Percentage | Compensation | |
| Less than or equal to 9 Years | 24% | $104,000 | |
| From 10 to 15 Years | 24% | $127,500 | |
| From 16 to 24 Years | 28% | $132,500 | |
| More than or equal to 25 Years | 24% | $142,500 | |
All of the participants have titles indicating mid-management responsibilities. Most titles include the word “reimbursement.” Compound titles such as “reimbursement and budget” are not uncommon.
246 reimbursement managers and directors responded to the survey, out of 599 sampled, resulting in a response rate of 41%.
There is 95% probability that the mean compensation for directors and managers of reimbursement in HFMA lies between $122,300 and $131,700.
