How Much Do Medical Directors 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 medical directors 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 medical directors 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 medical directors are offering as compensation.
Keep reading to learn more about how much medical directors can expect to make in the United States.
At a Glance: Salary & Jobs for Medical Directors
According to data from 2022, there were about 491,214 positions for medical directors in the United States. In terms of salary, the national median salary for medical directors was reported to be $104,832. Additionally, when examining job demand, employers across the country posted 420,130 job postings related to positions for medical directors.
How Much Money Do Medical Directors Make?
Median salary is just one data point. To build a better understanding of how much money medical directors 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 medical directors.
Annual Salary for Medical Directors
According to the BLS, the lowest earners for medical directors and related professions earned about $64,106 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $209,997 annually.
As mentioned previously, the median salary for medical directors in the United States in 2022 was $104,832.
Annual Salary Range For Medical Directors In 2022
Hourly Salary for Medical Directors
The BLS also breaks down compensation for medical directors by hourly salary, and the median average hourly pay for medical directors in 2022 was $50. Lowest hourly earners took home $31 while the highest reported hourly salaries for medical directors was $101.
Hourly Salary Range For Medical Directors In 2022
Top Online College For Working Adults
Franklin University is a top choice for adults who need to balance school with busy lives. Founded in 1902 in Columbus, Ohio, Franklin's main focus has been serving adult students and tailoring education to fit their needs. Nonprofit and accredited by the Higher Learning Commission (hlcommission.org/800.621.7440), Franklin offers more than 50 affordable bachelor's, master's, and doctoral programs — all available 100% online.
Degree Options for Medical Directors
Tackle the complexities of the healthcare industry and advance your career with a transfer-friendly 100% online bachelor’s degree in healthcare administration.
- Class Type: 100% online
- Cost Per Credit: $398
Strengthen your leadership skills to play a pivotal role in creating, evolving, and sustaining scientifically based and economically focused healthcare initiatives.
- Class Type: Online coursework
- Years To Complete: 2
- Accreditation: CCNE
Advance your leadership role and improve the effectiveness of healthcare.
- Class Type: 100% online
- Years To Complete: 3
- Class Type: 100% online
- Months To Complete: 14
- Placement Tests: GMAT/GRE not required for admission
- Class Type: 100% online
- Months To Complete: 14
- Placement Tests: GMAT/GRE not required for admission
- Class Type: 100% online
- Months To Complete: 14
- Placement Tests: GMAT/GRE not required for admission
Be an expert in health policy, operational effectiveness and global healthcare with this online graduate program.
- Class Type: 100% online
- Months To Complete: 14
- Placement Tests: GMAT/GRE not required for admission
- Class Type: 100% online
- Months To Complete: 21
- Placement Tests: GMAT/GRE not required for admission
Earn a 14-month online Master of Public Administration (MPA) degree with a Specialization in Healthcare and gain interdisciplinary communication and decision-making skills alongside specialized knowledge on healthcare policies, operations and analytics.
- Class Type: 100% online
- Months To Complete: 14
- Placement Tests: GMAT/GRE not required for admission
Advertised Compensation for Medical Directors
Data from the BLS is one way to dig into compensation for medical directors, 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 medical directors.
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 Medical Directors
Advertised Annual Salary
During a review of 711,071 job postings related to medical directors, advertised salary was included in 120,757 of them, which was 17%. Based on those postings, the median advertised salary for medical directors was $89,984 per year.
Hourly Salary from Job Postings for Medical Directors
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for medical directors. Based on 29% of postings with advertised compensation, the median hourly salary for open positions for medical directors in the United States is about $43.
Salary Trend for Medical Directors
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for medical directors. 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 medical directors dating back to September 2019, advertised salaries for medical directors have increased 9%.
Advertised Wage Trend For Medical Directors
What's the Job Growth for Medical Directors?
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 medical directors over the next 10 years.
According to the data obtained through Lightcast,™ there were 492,025 jobs for medical directors in the United States in 2022. By 2032, it is expected that about 158,584 jobs will be added. That's a 32.2% increase over the next 10-year period.
Employment Projections For Medical Directors
Additional Links
Ready to dig deeper into career information about medical directors? Visit our other pages focused on salary and education for medical directors.
What do medical directors do?
Medical Directors: How do you become one?
All Occupations
The Best Adult Colleges and Careers Guide has compiled data for dozens of in-demand jobs. Explore our full catalog of occupation data by visiting the link below.