Revenue Cycle Manager Salary

Revenue Cycle Managers in the United States with more than 10 years of experience in their profession represent just under two-thirds of Revenue Cycle Managers. Salaries average out to around $65K annually and spread from $42K to $93K per year. Total cash compensation to Revenue Cycle Managers approaches anywhere from $42K on the lower end to $93K on the higher end; in exceptional cases, this can include more than $10K from bonuses and upwards of $11K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Women account for the majority of Revenue Cycle Managers who took the survey — 88 percent to be exact. Medical benefits are awarded to most, and a strong majority earn dental coverage. The majority of workers are highly satisfied with their job. This report is based on answers to PayScale's salary questionnaire.
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$44,592 - $92,217
(Median)
$45K
$65K
$92K
MEDIAN: $65,491
10%
50%
90%

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$13.77 - $33.73
(Median)
$14
$21
$34
MEDIAN: $21.00
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$32K$64K$96K
Salary
$44,592 - $92,217  
   
Bonus
$0.00 - $10,010  
Profit Sharing
$-0.50 - $11,343  
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).
)
$41,843 - $93,367  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 493
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$18$36$54
Hourly Rate
$13.77 - $33.73  
   
Overtime
$0.00 - $52.89  
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$50K$100K$150K
Bonus
$0.00 - $10,010  
   
Profit Sharing
$-0.50 - $11,343  
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).
)
$41,843 - $93,367  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 62
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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.

Revenue Cycle Manager Job Listings

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Popular Skills for Revenue Cycle Manager


Revenue Cycle Managers report using a pretty varied skill set on the job. Most notably, facility with Operations Management and People Management are correlated to pay that is significantly above average, leading to increases of 20 percent and 18 percent, respectively. At the other end of the pay range are skills like Accounts Receivable, Medicaid & Medicare Billing, and Medical Coding. Those familiar with Billing also tend to know 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. The average worker who claims fewer than five years of experience earns around $52K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $65K. People with 10 to 20 years of experience make an average of about $67K in this role. In the end, more experience does seem to mean larger paychecks; seasoned Revenue Cycle Managers with more than 20 years of experience earn a predictably higher median salary of $73K.

Pay Difference by Location

National Average: $64,684

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

Surpassing the national average by 30 percent, Revenue Cycle Managers in New York receive some of the highest pay in the country. Revenue Cycle Managers can also look forward to large paychecks in cities like Denver (+27 percent), Seattle (+27 percent), Dallas (+12 percent), and Houston (+10 percent). The lowest-paying market is Cincinnati, which sits 6 percent below the national average. Employers pay around 6 percent less in Philadelphia and 3 percent less in Phoenix, below-median salaries for those in this field.

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Experience Affects Revenue Cycle Manager Salaries




National Average
$65,000


Skills That Affect Revenue Cycle Manager Salaries

Operations Management
up arrow 20%

People Management
up arrow 18%

Financial Analysis
up arrow 2%

National Average
$65,000

Billing
up arrow 2%

Medical Coding
up arrow 4%

Medicaid & Medicare Billing
up arrow 16%

Accounts Receivable
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 89 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

Less than 1 year
2%
1-4 years
15%
5-9 years
20%
10-19 years
41%
20 years or more
22%

Common Health Benefits

medical benefits
Medical: 89%
dental benefits
Dental: 79%
medical benefits
Vision: 67%
dental benefits
None: 9%
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