Directors of Revenue Cycle Management in the United States tend to be well-versed in their field, and between two-thirds and three-fourths have more than 10 years of experience. Average salary is expected to be around $96K annually, but may range from $64K to $147K per year. Residence is the biggest factor affecting pay for this group, followed by years of experience. The majority of Directors of Revenue Cycle Management (65 percent) who took the survey are female. Job satisfaction is high and work is enjoyable for most Directors of Revenue Cycle Management. Most enjoy medical while a large number get dental coverage. Vision coverage is also available to a strong majority. The figures in this rundown are based on the results of PayScale's salary questionnaire.
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$63,419 - $139,721
(Median)
$63K
$96K
$140K
MEDIAN: $96,146
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$50K$100K$150K
Salary
$63,419 - $139,721  
   
Bonus
$2,007 - $20,394  
Profit Sharing
$5,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$64,280 - $147,443  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 264
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Job Description for Director of Revenue Cycle Management

Directors of revenue cycle management are responsible for overseeing revenue activities, organizing strategies to increase profitability, and meeting all financial objectives for their company. They are in charge of exploring business opportunities based on careful research, as well as reviewing billing activities and generating ideas for innovative revenue programs. They monitor projections based on past financial results and adjust outlooks for future milestones. They analyze market trends and modify company expectations as needed.

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Director of Revenue Cycle Management Tasks

  • Collaborates with staff to improve information documentation and implement the best practices.
  • Leads and provides direction for revenue recycle management and determines goals.

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Pay by Experience Level for Director of Revenue Cycle Management

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Directors of Revenue Cycle Management with a lot of experience do not necessarily enjoy more money. Survey participants with less than five years' experience report a median income of $89K, and earnings aren't much higher for respondents who have five to 10 years under their belts; respondents in the latter group report a median of just $91K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $101K. Ultimately, more time spent in the workforce does seem to translate to bigger paychecks; seasoned veterans with more than 20 years of experience report a median income of $113K.

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Experience Affects Director of Revenue Cycle Management Salaries

Late-Career
up arrow 14%

Experienced
up arrow 2%

National Average
$100,000

Mid-Career
up arrow 8%

Entry-Level
up arrow 10%

Skills That Affect Director of Revenue Cycle Management Salaries


Medical Coding
up arrow 6%

Accounts Receivable
up arrow 1%

National Average
$100,000

Project Management
up arrow 2%

Financial Reporting
up arrow 3%

People Management
up arrow 6%

Financial Analysis
up arrow 10%

Medicaid & Medicare Billing
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.

Gender

Female
65 %
Male
35 %

Years of Experience

Less than 1 year
1%
1-4 years
9%
5-9 years
16%
10-19 years
39%
20 years or more
34%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 81%
medical benefits
Vision: 75%
dental benefits
None: 12%
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