Revenue Cycle Manager Salary

Revenue Cycle Managers in the United States tend to have a good amount of experience under their belt — just below two-thirds have more than 10 years in the field. While pay runs from $42K to $93K per year, median earnings come to $65K annually. In the world of Revenue Cycle Managers, overall income ranges from $42K near the bottom to $93K at the top; this can include more than $10K from bonuses and more than $11K from profit sharing in exceptional cases. Geographic location is the biggest factor affecting pay for this group, followed by experience level. Work is enjoyable for Revenue Cycle Managers, who typically claim high levels of job satisfaction. The vast majority (88 percent) of Revenue Cycle Managers who took the survey are female. Medical benefits are awarded to most, and a strong majority earn dental coverage. Figures cited in this summary are based on replies 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


Survey results imply that Revenue Cycle Managers put a diverse skill set to use. 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. Skills that seem to negatively impact pay include Accounts Receivable, Medicaid & Medicare Billing, and Medical Coding. Most people who know Billing also 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 with more experience do not necessarily bring home bigger paychecks. In fact, experience in this field tends to impact compensation minimally. Salaries of relatively inexperienced workers fall in the neighborhood of $52K, but folks who have racked up five to 10 years see a notably higher median of $65K. Revenue Cycle Managers with one to two decades of relevant experience report an average salary of approximately $67K. Revenue Cycle Managers who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $73K.

Pay Difference by Location

National Average: $64,684

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), Seattle (+27 percent), Dallas (+12 percent), and Houston (+10 percent). Those in the field find the lowest salaries in Cincinnati, 6 percent below the national average. Two other places where employers offer below-median salaries are Philadelphia (6 percent less) and Phoenix (3 percent less).

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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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