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Tim Tolan, Sanford Rose Associates – Tolan Group, Featured in Becker’s Article: “CIO Salaries: 8 Things to Know”

Dallas, TX | 8/6/2014
By Helen Gregg

Hospital and health system CIOs earn an average base salary of $208,417, according to a 2013 survey from the College of Healthcare Information Management Executives.

Here are eight things to know about CIOs’ salaries.

  1. The size of the organization significantly affects salary, according to the CHIME survey. CIOs at multi-hospital systems reported an average base salary of $254,054 in the CHIME survey, compared with the $125,573 base salary earned by CIOs at critical access hospitals.
  1. In the survey, titles carried with them an even larger variation in salary; survey respondents with titles including “senior vice president” or “executive vice president” reported an average salary of $310,326. Those with titles like director of information systems or director of IT earned an average of $128,193.
  1. In the survey, higher education was correlated with higher salaries. Salaries for CIOs with PhDs and master’s degrees averaged $230,714 and $213,705, respectively. PhDs are relatively rare among CIOs, however, says Tim Tolan, a senior partner at executive search firm Sanford Rose Associates – The Tolan Group — about 5 percent of CIOs have them.

 

Read full article.

Source: http://www.beckershospitalreview.com/healthcare-information-technology/cio-salaries-8-things-to-know.html