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Hospital Risk Manager Jobs in Albuquerque, NM (NOW HIRING)

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Hospital Risk Manager information

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$49.9K

$108.1K

$164.8K

How much do hospital risk manager jobs pay per year?

As of Jul 27, 2026, the average yearly pay for hospital risk manager in Albuquerque, NM is $108,134.00, according to ZipRecruiter salary data. Most workers in this role earn between $87,200.00 and $125,000.00 per year, depending on experience, location, and employer.

What does a risk manager do in a hospital?

A hospital risk manager is responsible for identifying, assessing, and mitigating risks that could harm patients, staff, or the organization. They develop safety protocols, ensure compliance with regulations, and analyze incident reports to prevent future issues, often using data analysis and risk management tools. Certification such as the Certified Professional in Healthcare Risk Management (CPHRM) is commonly required.

What are hospital risk managers and what do they do?

Hospital risk managers are professionals responsible for identifying, assessing, and minimizing risks within healthcare facilities to ensure patient safety and protect the hospital from legal and financial liabilities. They analyze incidents, develop policies and procedures, conduct staff training, and collaborate with other departments to address potential risks. Their work helps maintain compliance with regulations, improve patient care quality, and reduce the likelihood of lawsuits or costly errors.

How to become a hospital risk manager?

To become a hospital risk manager, individuals typically need a bachelor's degree in healthcare administration, nursing, or a related field, along with experience in healthcare or risk management. Many employers prefer candidates with professional certifications such as the Certified Professional in Healthcare Risk Management (CPHRM). Developing skills in risk assessment, compliance, and incident investigation is also important for success in this role.

What is the highest salary for a risk manager?

Hospital risk managers can earn salaries up to $130,000 or higher annually, especially with extensive experience, advanced certifications, and working in large healthcare facilities. Top earners often have specialized skills in compliance, patient safety, and risk assessment. Salaries vary based on location, education, and the size of the organization.

What are the key skills and qualifications needed to thrive as a Hospital Risk Manager, and why are they important?

To thrive as a Hospital Risk Manager, you need a solid understanding of healthcare regulations, risk assessment, and compliance, typically supported by a degree in healthcare administration or a related field and relevant experience. Familiarity with risk management software, incident reporting systems, and certifications like Certified Professional in Healthcare Risk Management (CPHRM) are commonly required. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for this role. These competencies are essential for identifying potential risks, ensuring regulatory compliance, and promoting patient and staff safety in a complex healthcare environment.

What are some of the common challenges faced by Hospital Risk Managers on a day-to-day basis?

Hospital Risk Managers often face the challenge of balancing regulatory compliance with patient care needs. They must stay updated on constantly changing healthcare laws and accreditation standards, while also working with clinical and administrative teams to identify and mitigate risks. Coordinating incident investigations and implementing effective risk-reduction strategies requires strong communication and analytical skills. Additionally, managing multiple priorities such as data analysis, staff training, and reporting can be demanding, but these tasks are crucial to maintaining a safe hospital environment.

What is the difference between Hospital Risk Manager vs Hospital Safety Coordinator?

AspectHospital Risk ManagerHospital Safety Coordinator
CertificationsRisk Management Certification, CPR, OSHA trainingOSHA training, Safety certifications
Work EnvironmentAdministrative, strategic planning, policy developmentOn-site safety inspections, staff training
Employer & Industry UsageHospitals, healthcare organizationsHospitals, clinics, healthcare facilities

The Hospital Risk Manager focuses on identifying and mitigating risks across the hospital, including legal and financial risks, while the Hospital Safety Coordinator concentrates on maintaining a safe environment through inspections and safety protocols. Both roles require safety-related certifications and work within healthcare settings, but their primary responsibilities differ in scope and focus.

How much does a risk manager get paid?

Hospital risk managers typically earn a median annual salary of around $80,000 to $100,000, with experienced professionals and those in larger healthcare facilities earning higher wages. Salaries can vary based on location, education, certifications, and years of experience, and the role often requires knowledge of healthcare regulations and risk assessment tools.
What job categories do people searching Hospital Risk Manager jobs in Albuquerque, NM look for? The top searched job categories for Hospital Risk Manager jobs in Albuquerque, NM are:
Hospital Risk Manager jobs near you
Infographic showing various Hospital Risk Manager job openings in Albuquerque, NM as of July 2026, with employment types broken down into 1% Locum Tenens, 2% As Needed, 73% Full Time, 17% Part Time, and 7% Contract. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $108,134 per year, or $52 per hour.

CFO Presbyterian and Kaseman Hospitals

Direct Jobs

Albuquerque, NM • On-site

$150 - $200/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago

Job description

Presbyterian Healthcare Services (PHS) seeks a distinguished financial executive to serve as the CFO for Presbyterian Hospital and Kaseman Hospital. This is a high-impact leadership role within the hospital executive team, providing strategic financial oversight for a combined footprint of approximately 600 beds and $834M in annual operating revenue. Reporting to the PDS Chief Financial Officer, this executive serves as a critical partner in navigating the complexities of a highly matrixed healthcare organization. The role demands a leader who can balance the technical integrity of financial reporting with the strategic influence required to drive operational efficiency and clinical partnership.

Work Arrangement: In-Office: This position is based at the Reverend Hugh Cooper Administrative Center and Presbyterian Hospital, requiring a consistent onsite presence to partner with clinical and executive leaders.

Strategic Financial Leadership
  • Assist in all hospital financial strategies and execution, including budgeting, financial planning, reporting, and forecasting.
  • Provide actionable financial insights to inform operational decisions, capital planning, and long-range strategic initiatives.
  • Responsible for the financial outcomes and interpretation of results to hospital executives and the PDS CFO.
Operational Oversight & Productivity
  • Monitor revenue, expenses, labor utilization, and productivity to ensure performance aligns with budget and organizational targets.
  • Drive initiatives that enhance operational efficiency and optimize performance across strategic service lines.
  • Work closely with operations to meet labor and productivity management benchmarks.
Budgeting & Capital Planning
  • Manage the assembly of annual volume assumptions and maintain full accountability for hospital operating and capital budgeting.
  • Partner with Corporate Business Development on accurate proforma development for capital and strategic business plans.
Reporting & Compliance
  • Manage the presentation of monthly, quarterly, and annual financial statements and variance analyses, prioritizing accuracy, and integrity.
  • Maintain robust internal controls to manage financial risk and safeguard hospital assets.
  • Ensure strict compliance with federal, state, and local laws and regulatory requirements.
Leadership & Collaboration
  • Lead, mentor, and develop a high-performing finance team focused on accuracy, collaboration, and organizational impact.
  • Partner with Corporate Finance and Revenue Cycle teams on hospital-wide initiatives.
Education and Certification
  • Bachelor’s degree in Business Administration, Accounting, Finance, or a related field is required.
  • Master’s degree (MHA or MBA) is highly preferred.
  • CPA, HFMA, or related professional certification is preferred.
Knowledge and Work Experience
  • Minimum of 10 to 15 years of healthcare accounting experience.
  • At least 5 years of progressive experience in hospital finance operations in leadership positions.
  • Experience supporting a hospital with at least 600 beds is preferred.
  • Broad understanding of various healthcare reimbursement methodologies and GAAP.
Skills and Abilities
  • Analytical Excellence: Strong financial modeling skills and the ability to interpret facts and figures to make sound judgments.
  • Influential Communication: Ability to effectively communicate financial concepts to non-financial leaders and physician executives.
  • Diplomacy: Tactful and diplomatic negotiator with the ability to manage complex work plans and meet deadlines.
Benefits
  • Competitive salaries
  • Full medical, dental and vision insurance
  • Flexible spending accounts (FSAs)
  • Free wellness programs
  • Paid time off (PTO)
  • Retirement plans, including matching employer contributions
  • Continuing education and career development opportunities
  • Life insurance and short/long term disability programs

AA/EOE/VET/DISABLED. PHS is a drug-free and tobacco-free employer with smoke free campuses.

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