Case Manager Salaries Show Strong Growth Trend
Summary: The 2024 Case Management Salary & Trends Survey reveals an impressive case manager salary growth trend in the profession, with over 36% of case managers earning $100,000 or more annually. The survey also shows continued high job satisfaction among case managers.
What is the Salary for Case Managers?
The Case Management Society of America (CMSA) and Case Management Institute (CMI)‘s 2024 Case Management Salary and Trends Survey reveals compelling salary data for current and prospective case managers. The results demonstrate significant growth in case manager compensation over the past four years.
Today’s case managers see substantial salaries, with 36.1% earning $100,000 or more annually. The largest segment (26.4%) falls within the $80,000-$89,999 range, and 78% earn between $70,000 and $119,999. Notably, only 7.2% earn less than $70,000 annually, representing a dramatic improvement from 2020, when 54% of case managers earned under $70,000.
The upward trajectory continues, with 71% of case managers reporting a salary increase in the past year alone. This positive trend is further reinforced by the emergence of higher salary brackets, with 3% now earning $170,000 or more, demonstrating exceptional earning potential in the field.
Factors Influencing a Case Manager’s Salary
Several factors impact a case manager’s earning potential. The 2024 survey highlights the importance of experience and role level. For supervisory positions, the earning potential is notably higher, with the largest segment (18.15%) earning $100,000-$109,999 and a significant portion earning substantially more.
Professional certification continues to play a significant role in salary potential. The survey shows that 39.2% of certified case managers reported that certification helped increase their salary. Additionally, 60.03% indicated that certification helped them maintain their position, highlighting its value for job security and career stability.
Work setting also influences compensation. Case managers in insurance/managed care/health plans (37.09% of the workforce) and inpatient healthcare facilities (30.65%) represent the largest employment sectors, often offering competitive salary packages.
Looking at the broader healthcare landscape, case management remains a financially attractive career option, particularly for nurses. The profession continues to offer strong earning potential without requiring additional degrees, making it an appealing career advancement path for healthcare professionals.
These salary trends and the fact that 79% of case managers report satisfaction with their compensation suggest that case management remains a rewarding career choice with strong financial benefits and growth potential. For healthcare professionals considering case management, these trends indicate a profession increasingly recognizing and rewarding case managers’ vital role in healthcare delivery.
Those interested in learning more about case management salaries and trends can access the 2024 Case Management Salary and Trends Report at CMSalaries.com.
For healthcare professionals considering a career in case management, the Case Management Institute (CMI) offers specialized courses designed to help nurses transition successfully into case management roles. These courses provide the foundational knowledge and skills needed to excel in this rewarding and growing profession.
