Copyright

How much does a medical director make?

Question:

How much does a medical director make?

Perfect School Search

Answer:

According to the Bureau of Labor Statistics, the average salary in 2019 for a medical director, under the broad career field of medical and health services managers, was $100,980. This career requires at least a bachelor's degree. However, Master's degrees are becoming increasingly common and preferred by many employers. Many medical directors study in the field of health care administration or healthcare management, or they may earn their degrees in a business field with as specialization in healthcare. It is not uncommon for nursing staff to earn their master's degrees to transition to a management position; this can help them apply their practical knowledge of patient care along with their business and management skills. Medical and health services managers are responsible for improving efficiency and quality of services for patients, developing goals for their department or work environment, ensuring that the facility and personnel are compliant with state and federal laws, and they may also be responsible for managing the scheduling and payroll of a medical care facility. This field is expected to grow significantly. It is projected that it will grow more than 32% in the next decade. Because of the baby boomer population aging and staying in better health than previous generations, there will be an increased demand for health care in the United States.

For more information about becoming a medical director or manager, check out this article:Medical Director: Responsibilities, Requirements and Career Info

Next: View Schools

Popular Schools

The listings below may include sponsored content but are popular choices among our users.