With just under two-thirds of Revenue Cycle Managers in the United States reporting more than 10 years of experience in the field, this area is heavily weighted toward experienced professionals. Pay ranges from $42K to $90K per year and averages out to $65K annually. Total cash compensation to Revenue Cycle Managers bottoms out near $42K and approaches $90K on the high end; the biggest paychecks include approximately $10K from bonuses and almost $12K from profit sharing. Residence is the biggest factor affecting pay for this group, followed by years of experience. Medical benefits are awarded to most, and a strong majority earn dental coverage. The vast majority of Revenue Cycle Managers (85 percent) who participated in the survey are women. The majority of workers are highly satisfied with their job. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$46,686 - $90,464
(Median)
$47K
$65K
$90K
MEDIAN: $65,239
10%
50%
90%

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$14.00 - $32.82
(Median)
$14
$22
$33
MEDIAN: $22.00
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$31K$62K$93K
Salary
$46,686 - $90,464  
   
Bonus
$0.00 - $10,265  
Profit Sharing
$-0.50 - $11,635  
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).
)
$42,313 - $90,484  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 482
National Hourly Rate 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$16$32$48
Hourly Rate
$14.00 - $32.82  
   
Overtime
$26.75  
National Annualized 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$32K$64K$96K
Bonus
$0.00 - $10,265  
   
Profit Sharing
$-0.50 - $11,635  
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).
)
$42,313 - $90,484  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 69
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Job Description for Revenue Cycle Manager

Revenue cycle managers are responsible for overseeing billing accounts and helping departments resolve their revenue cycle problems. They oversee the billing teams that manage accounts, communications with insurance, collections, contract analysis, cash posting, billing transactions with clients, and report creation. The revenue cycle manager helps ensure that these areas run smoothly, and they must detect problems in the billing systems and correct them accordingly.

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Revenue Cycle Manager Tasks

  • Identify revenue cycle problems and implement solutions for improvement.
  • Responsible for operations of patient business services, insurance verification, and workers compensation authorizations.

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Popular Skills for Revenue Cycle Manager


Survey results imply that Revenue Cycle Managers put a diverse skill set to use. Most notably, skills in Operations Management, Accounts Receivable, Financial Analysis, and Data Analysis are correlated to pay that is above average. Skills that pay less than market rate include bill collections, Medical Coding, and People Management. Those educated in Billing tend to be well versed in Medical Coding.

Pay by Experience Level for Revenue Cycle Manager

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


Revenue Cycle Managers do not generally earn higher incomes from more experience in the field. Salaries for the relatively untried average out to around $56K, but survey participants with five to 10 years of experience earn a significantly higher median of $65K. Revenue Cycle Managers claiming one to two decades of experience make an estimated median of $66K. 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 $71K.

Pay Difference by Location

National Average: $64,720

Larger city markers indicate a job is popular in that location.

For Revenue Cycle Managers, busy New York offers a higher-than-average pay rate, 30 percent above the national average. Revenue Cycle Managers can also look forward to large paychecks in cities like Denver (+27 percent), Portland (+24 percent), Seattle (+21 percent), and Dallas (+19 percent). Philadelphia is home to the smallest salaries in the field, lagging the national average by 8 percent. Employers in Cincinnati and Indianapolis also lean toward paying below-median salaries (7 percent lower and 4 percent lower, respectively).

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Experience Affects Revenue Cycle Manager Salaries




National Average
$65,000


Skills That Affect Revenue Cycle Manager Salaries


Financial Analysis
up arrow 2%

Accounts Receivable
up arrow 2%

Medicaid & Medicare Billing
0%

Data Analysis
0%

National Average
$65,000

Project Management
up arrow 1%

Billing
up arrow 2%

Medical Coding
up arrow 4%

People Management
up arrow 4%


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 74 votes.

Gender

Female
85 %
Male
15 %

Years of Experience

Less than 1 year
2%
1-4 years
15%
5-9 years
21%
10-19 years
36%
20 years or more
27%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 78%
medical benefits
Vision: 69%
dental benefits
None: 9%
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