Labor Cost Management
2017 Director/Manager of Decision Support Compensation Survey
Published
July 21, 2017
12:07 pm
|
Updated
November 7, 2022
8:46 am
| Average cash compensation | $135,400 | ||
| Average gross annual salary | $128,800 | ||
| Percentage eligible for bonus/profit sharing | 62% | ||
| Average bonus/profit share | $10,600 | ||
| Median cash compensation | $130,500 | ||
| Percentage reporting directly to an officer | 73% | ||
| Percentage reporting to a mid-level manager | 18% | ||
| Number of participants | 95 | ||
Demographics |
|||
| Average age | 48 | ||
| Average years experience in health care | 22 | ||
| Average years member of HFMA | 12 | ||
| Average years in current position | 5 | ||
| Average number of employees under direction | 7 | ||
| Median number of employees under direction | 4 | ||
Certifications |
Percentage | Compensation | |
| CPA | 17% | $141,900 | |
| FHFMA or CHFP | 28% | $139,000 | |
Education |
Percentage | Compensation | |
| Bachelor’s degree | 40% | $129,300 | |
| Master’s degree | 56% | $141,900 | |
Title |
Percentage | Compensation | |
| Manager | 35% | $107,400 | |
| Director | 58% | $152,700 | |
Organization Type |
Percentage | Compensation | |
| Hospital with 265 beds or less | 17% | $121,000 | |
| Hospital with 266 to 490 beds | 18% | $132,600 | |
| Hospital with 491 beds or greater | 17% | $145,900 | |
| System level, headquarters or regional | 48% | $137,800 | |
Gender |
Percentage | Compensation | |
| Men | 48% | $132,700 | |
| Women | 51% | $137,500 | |
Net Operating Revenue of Employer |
Percentage | Compensation | |
| Less than or equal to $199 million | 23% | $111,000 | |
| From $200 million to $539 million | 23% | $125,500 | |
| From $540 million to $1.65 billion | 23% | $144,500 | |
| Greater than or equal to $1.7 billion | 23% | $159,000 | |
Years in Health Care |
Percentage | Compensation | |
| Less than or equal to 14 years | 22% | $128,300 | |
| From 15 to 21 years | 23% | $119,800 | |
| From 22 to 28 years | 26% | $147,200 | |
| More than or equal to 29 years | 24% | $147,400 | |
Number of Reporting Employees |
Percentage | Compensation | |
| Less than or equal to 2 employees | 28% | $116,200 | |
| From 3 to 4 employees | 25% | $125,000 | |
| From 5 to 8 employees | 20% | $147,100 | |
| Greater than or equal to 9 employees | 26% | $157,200 | |
Region |
Percentage | Compensation | |
| Northeast | 32% | $134,200 | |
| South | 26% | $121,500 | |
| Midwest | 27% | $142,700 | |
| West | 14% | $147,500 | |
Adjusted Medicare Wage Index 2017 |
Percentage | Compensation | |
| Less than or equal to .8790 | 24% | $123,700 | |
| From .8848 to .9550 | 27% | $133,400 | |
| From .9602 to 1.0454 | 21% | $137,400 | |
| More than or equal to 1.0471 | 26% | $145,300 | |
Years of HFMA membership |
Percentage | Compensation | |
| Less than or equal to 4 years | 24% | $124,300 | |
| From 5 to 11 years | 24% | $136,200 | |
| From 12 to 17 years | 25% | $130,300 | |
| More than or equal to 18 years | 26% | $149,800 | |
All of the respondents have titles indicating mid-management responsibilities. Most titles include the words “decision support.” 95 decision-support managers and directors responded to the survey, out of 409 sampled, resulting in a response rate of 23%. There is 95% probability that the mean compensation for directors and managers of decision support in HFMA lies between $127,600 and $143,100.
