Revenue Cycle Manager Salary

Revenue Cycle Managers in the United States with more than 10 years of experience in their profession represent just below two-thirds of Revenue Cycle Managers. Salaries average out to around $64K per year and spread from $42K to $89K per year. Cash earnings for Revenue Cycle Managers — which occasionally include more than $10K from bonuses and more than $12K from profit sharing — stretch from around $42K to approximately $89K. Residence and years of experience each impact pay for this group, with the former having the largest influence. Work is enjoyable for Revenue Cycle Managers, who typically claim high levels of job satisfaction. Medical benefits are awarded to a large number, and a fair number earn dental coverage. The vast majority of Revenue Cycle Managers (85 percent) who responded to the survey are women. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
Read More
$47,154 - $89,226
$47K
$64K
$89K
MEDIAN: $64,413
10%
50%
90%

Add this chart to your site: 640px    300px

$13.64 - $32.99
$14
$22
$33
MEDIAN: $22.15
10%
50%
90%

Add this chart to your site: 640px    300px

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$30K$60K$90K
Salary
$47,154 - $89,226  
   
Bonus
$0.00 - $10,291  
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).
)
$42,178 - $89,423  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 497
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$15$30$45
Hourly Rate
$13.64 - $32.99  
   
Overtime
$30.00  
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$30K$60K$90K
Bonus
$0.00 - $10,291  
   
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).
)
$42,178 - $89,423  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 78

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

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.

Read More...

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


Add this chart to your site:   640px 640px    300px 300px


Revenue Cycle Managers might see a strong upturn in salary after transitioning into upper-level roles such as Director of Revenue Cycle Management, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $101K per year.

Revenue Cycle Manager Job Listings

Search for more jobs:

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, 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. Those educated in Billing tend to be well versed in 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: $63,638

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

Boston is home to an above-average pay rate for Revenue Cycle Managers, 36 percent higher than the national average. Revenue Cycle Managers will also find cushy salaries in New York (+29 percent), Portland (+24 percent), Seattle (+23 percent), and Dallas (+13 percent). The smallest paychecks in the market, 10 percent south of the national average, can be found in Philadelphia. Two other places where employers offer below-median salaries are Cincinnati (9 percent less) and Nashville (7 percent less).

Related Job Salaries

Key Stats for Revenue Cycle Manager

Gender

Female
85 %
Male
15 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 74 votes.
Less than 1 year
2%
1-4 years
15%
5-9 years
20%
10-19 years
34%
20 years or more
29%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Revenue Cycle Manager Salaries

▲10%

▲2%

▼0%

National Average
$64,000

▼12%

Skills That Affect Revenue Cycle Manager Salaries





Project Management
▲1%

Accounts Receivable
▼0%

National Average
$64,000


▼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
20%
10-19 years
34%
20 years or more
29%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
vision benefits
Vision: 69%
no benefits
None: 11%