Medical Practice Manager salary in Iceland

Average Yearly Salary of Medical Practice Manager in Iceland is approximately 12,177,754 ISK (85,676 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Medical Practice Manager do?

A medical practice manager is responsible for overseeing the daily operations of a healthcare facility, such as a physician's office, clinic, or hospital department. They are responsible for ensuring the smooth functioning of the practice by managing administrative tasks, coordinating staff schedules, and implementing policies and procedures. They handle financial management, including budgeting, billing, and insurance claims, as well as maintaining electronic health records and ensuring compliance with regulatory requirements. Additionally, they may be involved in recruiting and training staff, managing patient flow, and implementing quality improvement initiatives. A medical practice manager plays a vital role in ensuring efficient and effective healthcare delivery.

Skills: healthcare administration, medical office management, healthcare operations, healthcare finance, staff coordination, regulatory compliance.
Job industry: Healthcare

How much does Medical Practice Manager make?

Difference in salary year over year or average salary increase is approximately 3 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

Is Medical Practice Manager a well paid job?

Yes, our data shows that Medical Practice Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Medical Practice Manager?

High salary for Medical Practice Manager would be somewhere between 13,395,529 ISK and 17,657,743 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Medical Practice Manager in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 12,177,754 ISK
Estimated Monthly Salary: 1,014,813 ISK
Estimated Weekly Salary: 234,188 ISK per week
Estimated Hourly Salary: 5,855 ISK per hour
By working as Medical Practice Manager a person can save up to 4,411 USD per month or 52,930 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Medical Practice Manager

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

Random salary:
Marble finisher (5,772,906 ISK per year, pre-tax.)
Senior credit analyst (13,411,210 ISK per year, pre-tax.)
Office administrator (5,548,812 ISK per year, pre-tax.)
Moulding tools die engineer (4,902,930 ISK per year, pre-tax.)
Java architect (22,831,046 ISK per year, pre-tax.)

Feedback about these results