How Much Do Hospital Chief Financial Officers Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary hospital chief financial officers make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for hospital chief financial officers and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of hospital chief financial officers are offering as compensation.
Keep reading to learn more about how much hospital chief financial officers can expect to make in the United States.
At a Glance: Salary & Jobs for Hospital Chief Financial Officers
According to data from 2022, there were about 212,473 positions for hospital chief financial officers in the United States. In terms of salary, the national median salary for hospital chief financial officers was reported to be $189,530. Additionally, when examining job demand, employers across the country posted 35,110 job postings related to positions for hospital chief financial officers.
How Much Money Do Hospital Chief Financial Officers Make?
Median salary is just one data point. To build a better understanding of how much money hospital chief financial officers and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for hospital chief financial officers.
Annual Salary for Hospital Chief Financial Officers
According to the BLS, the lowest earners for hospital chief financial officers and related professions earned about $74,922 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $456,809 annually.
As mentioned previously, the median salary for hospital chief financial officers in the United States in 2022 was $189,530.
Annual Salary Range For Hospital Chief Financial Officers In 2022
Hourly Salary for Hospital Chief Financial Officers
The BLS also breaks down compensation for hospital chief financial officers by hourly salary, and the median average hourly pay for hospital chief financial officers in 2022 was $91. Lowest hourly earners took home $36 while the highest reported hourly salaries for hospital chief financial officers was $220.
Hourly Salary Range For Hospital Chief Financial Officers In 2022
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Advertised Compensation for Hospital Chief Financial Officers
Data from the BLS is one way to dig into compensation for hospital chief financial officers, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for hospital chief financial officers.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Hospital Chief Financial Officers
Advertised Annual Salary
During a review of 40,180 job postings related to hospital chief financial officers, advertised salary was included in 9,759 of them, which was 24%. Based on those postings, the median advertised salary for hospital chief financial officers was $113,024 per year.
Hourly Salary from Job Postings for Hospital Chief Financial Officers
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for hospital chief financial officers. Based on 28% of postings with advertised compensation, the median hourly salary for open positions for hospital chief financial officers in the United States is about $54.
Salary Trend for Hospital Chief Financial Officers
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for hospital chief financial officers. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for hospital chief financial officers dating back to September 2019, advertised salaries for hospital chief financial officers have increased 4%.
Advertised Wage Trend For Hospital Chief Financial Officers
What's the Job Growth for Hospital Chief Financial Officers?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for hospital chief financial officers over the next 10 years.
According to the data obtained through Lightcast,™ there were 211,665 jobs for hospital chief financial officers in the United States in 2022. By 2032, it is expected that about 3,577 jobs will be removed. That's a 1.7% decrease over the next 10-year period.
Employment Projections For Hospital Chief Financial Officers
Additional Links
Ready to dig deeper into career information about hospital chief financial officers? Visit our other pages focused on salary and education for hospital chief financial officers.
What do hospital chief financial officers do?
Hospital Chief Financial Officers: How do you become one?
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