2012 CMIO Compensation Survey: A look at multi-hospital organization CMIOs
The results are in from the 2012 CMIO Compensation Survey. We’re bringing you several articles with more facts and figures from this year's results. First up: CMIOs who work at a multi-hospital organization/integrated delivery network.
This group of CMIOs is a little older and presumably, a little more experienced. Compared with the overall results, 33 percent are aged 51-60 and 12 percent are over age 60, compared with 28 percent and 9 percent, respectively.
Practicing physician CMIOs at multi-hospital organizations are less likely to expect a change in the percentage of time they spend on CMIO duties. Just over half (51 percent) of this group said they expect no change, compared with 68 percent of the overall results. This group also expects less of an increase in the amount of time they spend on CMIO duties, with 12 percent reporting an increase of 10 percent of more; 2 percent expecting an increase of 25 percent or more; and 4 percent expecting an increase of 100 percent. These numbers compare with 22 percent, 6 percent and 4 percent of the overall results, respectively. Of course, this could mean that this group already is quite busy with their CMIO duties.
CMIOs at multi-hospital organizations are more likely to earn a higher salary. More than one-quarter (28 percent) of this group earns $300,000 or more, compared with 17 percent of the overall results. Twenty-four percent of this group earns a salary of less than $200,000, compared with 40 percent of the overall respondents.
More CMIOs at multi-hospital organizations expect a salary increase this year, with 73 percent expecting a raise compared with 66 percent of the overall respondents. The biggest difference within this category was salary increase expected—fewer integrated delviery network CMIOs expect no raise. And a full 10 percentage points more expect a raise between 0-4 percent—61 percent compared to 51 percent.
When asked whether they expect to receive a bonus in 2012, 51 percent of multi-hospital organization CMIOs said yes, compared with 47 percent of the overall respondents.
These numbers might account for the differences in responses when asked whether they are considering changing positions in 2012. The majority (71 percent) of the multi-hospital organization CMIOs do not plan to change positions, compared with 63 percent of the overall respondents.
Answers to the question of how many years you have been in your current position resulted in some interesting differences. For example, 31 percent of multi-hospital organization CMIOs have been in their position for 1 to 3 years and 37 percent for 4-6 years, compared with 40 percent and 31 percent, respectively, of overall respondents.
Next week, we’ll take a closer look at the largest age bracket: 41-45 years.
This group of CMIOs is a little older and presumably, a little more experienced. Compared with the overall results, 33 percent are aged 51-60 and 12 percent are over age 60, compared with 28 percent and 9 percent, respectively.
Practicing physician CMIOs at multi-hospital organizations are less likely to expect a change in the percentage of time they spend on CMIO duties. Just over half (51 percent) of this group said they expect no change, compared with 68 percent of the overall results. This group also expects less of an increase in the amount of time they spend on CMIO duties, with 12 percent reporting an increase of 10 percent of more; 2 percent expecting an increase of 25 percent or more; and 4 percent expecting an increase of 100 percent. These numbers compare with 22 percent, 6 percent and 4 percent of the overall results, respectively. Of course, this could mean that this group already is quite busy with their CMIO duties.
CMIOs at multi-hospital organizations are more likely to earn a higher salary. More than one-quarter (28 percent) of this group earns $300,000 or more, compared with 17 percent of the overall results. Twenty-four percent of this group earns a salary of less than $200,000, compared with 40 percent of the overall respondents.
More CMIOs at multi-hospital organizations expect a salary increase this year, with 73 percent expecting a raise compared with 66 percent of the overall respondents. The biggest difference within this category was salary increase expected—fewer integrated delviery network CMIOs expect no raise. And a full 10 percentage points more expect a raise between 0-4 percent—61 percent compared to 51 percent.
When asked whether they expect to receive a bonus in 2012, 51 percent of multi-hospital organization CMIOs said yes, compared with 47 percent of the overall respondents.
These numbers might account for the differences in responses when asked whether they are considering changing positions in 2012. The majority (71 percent) of the multi-hospital organization CMIOs do not plan to change positions, compared with 63 percent of the overall respondents.
Answers to the question of how many years you have been in your current position resulted in some interesting differences. For example, 31 percent of multi-hospital organization CMIOs have been in their position for 1 to 3 years and 37 percent for 4-6 years, compared with 40 percent and 31 percent, respectively, of overall respondents.
Next week, we’ll take a closer look at the largest age bracket: 41-45 years.
Beth Walsh,
Editor
Editor Beth earned a bachelor’s degree in journalism and master’s in health communication. She has worked in hospital, academic and publishing settings over the past 20 years. Beth joined TriMed in 2005, as editor of CMIO and Clinical Innovation + Technology. When not covering all things related to health IT, she spends time with her husband and three children.