Revenue Cycle Manager Salary

Slightly less than two-thirds of Revenue Cycle Managers in the United States have been in the field for more than 10 years. Pay can fall anywhere from $43K to $95K per year, but median earnings come to around $66K annually. Career length is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to most, and a strong majority earn dental coverage. Female Revenue Cycle Managers far outnumber their male contemporaries among survey respondents. The numbers in this rundown were provided by PayScale's salary survey participants.
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$44,573 - $93,207
(Median)
$45K
$66K
$93K
MEDIAN: $66,193
10%
50%
90%

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$13.48 - $34.83
(Median)
$13
$23
$35
MEDIAN: $22.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Salary
$44,573 - $93,207  
   
Bonus
$0.00 - $9,933  
Profit Sharing
$700 - $7,250  
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).
)
$43,298 - $94,861  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 381
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$16$32$48
Hourly Rate
$13.48 - $34.83  
   
Overtime
$34.39 - $45.78  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$32K$64K$96K
Bonus
$0.00 - $9,933  
   
Profit Sharing
$700 - $7,250  
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).
)
$43,298 - $94,861  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 39
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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 takers who work as Revenue Cycle Managers typically report just a few professional skills. Most notably, skills in Financial Analysis, Billing, Medical Coding, and Medicaid & Medicare Billing are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Medicaid & Medicare Billing. Most people familiar with 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.


Experience and pay tend to be weakly linked for Revenue Cycle Managers — those with more experience do not necessarily bring in higher earnings. Salaries of relatively inexperienced workers fall in the neighborhood of $53K, but folks who have racked up five to 10 years see a notably higher median of $64K. Revenue Cycle Managers claiming one to two decades of experience make an estimated median of $68K. Old hands boasting more than twenty years of relevant experience report pay that is more or less commensurate with that extensive experience; average earnings for this group come out to approximately $76K.

Pay Difference by Location


With a pay rate for Revenue Cycle Managers that is 27 percent greater than the national average, New York offers a comfortable salary for those in this profession. Revenue Cycle Managers can also look forward to large paychecks in cities like Seattle (+26 percent), Houston (+19 percent), Dallas (+13 percent), and Boston (+5 percent). The smallest paychecks in the market, 7 percent south of the national average, can be found in Cincinnati.

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Experience Affects Revenue Cycle Manager Salaries



National Average
$66,000



Skills That Affect Revenue Cycle Manager Salaries


Billing
up arrow 1%

National Average
$66,000

Medical Coding
up arrow 2%

Medicaid & Medicare Billing
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 68 votes.

Gender

Female
89 %
Male
11 %

Years of Experience

Less than 1 year
1%
1-4 years
14%
5-9 years
20%
10-19 years
43%
20 years or more
21%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 79%
vision benefits Vision: 67% employee benefits None: 9%
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