Women out-earn men in healthcare CIO role
Women are out-earning their male counterparts in the role of chief information officer in the healthcare field, according to a new salary report from the College of Healthcare Information Management Executives (CHIME).
The findings buck the national trend of men earning more than women.
Women earned almost $30,000 more than men in base salary on average, according to the report. Women averaged a salary of $257,340, while men earned $228,217, on average. About 27% of the survey respondents were women.
“In many organizations, the CIO is a strategic partner who works across the healthcare system to improve health and care,” D. Sheree McFarland, a member of the CHIME Board of Trustees and Division CIO of the West Florida Division of HCA Healthcare, said in a statement. “As a member of Women of CHIME, it is rewarding to see that gender is not a barrier to equitable pay and that both our women and men members are recognized for their contributions.”
Overall, senior healthcare IT executives were earning 13% more in 2018, with an average salary of $235,806, compared to 2012, when the average salary was $208,417. Just 3% of respondents said they were unhappy with their compensation averaging $168,857, while 16% were very satisfied with an averaged compensation of $302,731.
Amy joined TriMed Media as a Senior Writer for HealthExec after covering home care for three years. When not writing about all things healthcare, she fulfills her lifelong dream of becoming a pirate by sailing in regattas and enjoying rum. Fun fact: she sailed 333 miles across Lake Michigan in the Chicago Yacht Club "Race to Mackinac."