CIO Salaries Boost Significantly Amidst Digital Transformation Boom
Beckers Hospital Review
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Contributed by: Bill Russell
Summary
Health system Chief Information Officers (CIOs) are seeing substantial salary increases as their responsibilities expand to include digital transformation, cybersecurity, and artificial intelligence strategies, highlighting their growing importance in healthcare. In 2024, over 20% of enterprise healthcare CIOs earned more than $600,000 annually, reflecting a significant trend of increasing compensation that has risen by over 20% since 2019. The median base pay for CIOs at large enterprises is now above $220,000, and newly hired CIOs in large companies receive total compensation packages between $1.5 million and $1.8 million, placing their salaries on par with Chief Financial Officers. This shift underscores a critical evolution in healthcare leadership, positioning CIOs as key players in the strategic direction and technological advancement of healthcare organizations.
