That’s one of the findings of the 2012 CIO Salary Survey from the College of Healthcare Information Management Executives. The average base salary, derived from 263 CHIME members responding to the survey, was $208,417, and 86 percent said their salary was determined not by negotiation but by someone else in the organization. The $208K figure might be inflated, however, as survey respondents skewed toward larger hospitals with 43 percent working at facilities of 400 or more beds.
Salaries and raises vary widely across the industry. Those with a CIO-only title averaged $199,890 in salary, those also a vice president averaged $206,788; while those titled senior or executive vice president on average pulled down $310,326.
CIOs at critical access hospitals with less than 25 beds reported base salaries $80,000 less than the overall average. Base salaries at hospitals with less than 200 beds averaged 34 percent less than those at hospitals from 200 to 399 beds.
Eighteen percent of responding CIOs reported no raise in base salary from 2011 to 2012, 44 percent got less than a 3 percent raise and 74 percent got less than a 5 percent bump. However, three-quarters got some type of bonus payment or benefit. Further, a Master’s Degree, owned by 58 percent of respondents, gets the holder about 10 percent more in salary.
The CIO survey report is available here.