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 $44K to $90K per year, but median earnings come to around $64K annually. Total cash compensation to Revenue Cycle Managers bottoms out near $44K and approaches $90K on the high end; the biggest paychecks include approximately $10K from bonuses and almost $8K from profit sharing. Geographic location is the biggest factor affecting pay for this group, followed by years of experience. For the most part, Revenue Cycle Managers enjoy their work and report high levels of job satisfaction. Female Revenue Cycle Managers far outnumber their male contemporaries among survey respondents. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$47,475 - $89,341
$47K
$64K
$89K
MEDIAN: $63,860
10%
50%
90%

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$14.53 - $32.81
$15
$23
$33
MEDIAN: $22.76
10%
50%
90%

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$0$89K
Salary $47,475 - $89,341
Bonus $0.00 - $10,313
Profit Sharing $100.00 - $8,000
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).
)
$44,214 - $89,802
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 531
Hourly Data $0$49
Hourly Rate $14.53 - $32.81
Overtime $0.21 - $49.38
Annual Data $0$89K
Bonus $0.00 - $10,313
Profit Sharing $100.00 - $8,000
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).
)
$44,214 - $89,802
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 78

Find Out Exactly What You Should Be Paid

United States (change)

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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

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

Common Career Paths for Revenue Cycle Manager


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Revenue Cycle Managers often transition into Director of Revenue Cycle Management positions, for which compensation tends to be much higher. On average, Directors of Revenue Cycle Management earn $101K per year.

Revenue Cycle Manager Job Listings

Popular Skills for Revenue Cycle Manager


Revenue Cycle Managers report using a wide range of professional skills. Most notably, skills in Operations Management, Financial Analysis, Medicaid & Medicare Billing, and Project Management are correlated to pay that is above average. Skills that seem to negatively impact pay include bill collections, Medical Coding, and Billing. Most people familiar with Billing also know Medical Coding.

Pay by Experience Level for Revenue Cycle Manager

Pay by Experience for a Revenue Cycle Manager has a positive trend. An entry-level Revenue Cycle Manager with less than 5 years of experience can expect to earn an average total compensation of $56,000 based on 140 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Revenue Cycle Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $64,000 based on 176 salaries. An experienced Revenue Cycle Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $65,000 based on 259 salaries. A Revenue Cycle Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 165 salaries.

Pay Difference by Location

National Average: $63,305

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

Revenue Cycle Managers will find that Boston offers an impressive pay rate, one which exceeds the national average by 37 percent. Revenue Cycle Managers can also look forward to large paychecks in cities like New York (+30 percent), Portland (+25 percent), Seattle (+24 percent), and Dallas (+14 percent). The lowest-paying market is Philadelphia, which sits 10 percent below the national average. Employers pay around 9 percent less in Cincinnati and 7 percent less in Nashville, below-median salaries for those in this field.

Related Job Salaries

Key Stats for Revenue Cycle Manager

Gender

Female
86 %
Male
14 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 92 votes.
Less than 1 year
2%
1-4 years
15%
5-9 years
21%
10-19 years
34%
20 years or more
28%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Revenue Cycle Manager Salaries

▲11%

▲3%

▲1%

National Average
$63,000

▼12%

Skills That Affect Revenue Cycle Manager Salaries




Accounts Receivable
▲1%


Project Management
▲1%

National Average
$63,000


▼3%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 92 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
2%
1-4 years
15%
5-9 years
21%
10-19 years
34%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 78%
vision benefits
Vision: 69%
no benefits
None: 11%
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