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Revenue Cycle Manager Salary

With slightly less than two-thirds of Revenue Cycle Managers in the United States reporting more than 10 years of experience, the field is heavily weighted toward experienced professionals. Average pay for Revenue Cycle Managers is $66K per year and can range from $44K on the lower end to $95K per year near the higher end. Location and career length each impact pay for this group, with the former having the largest influence. Revenue Cycle Managers who responded to the questionnaire are largely women, dominating at 88 percent. Work is enjoyable for Revenue Cycle Managers, who typically claim high levels of job satisfaction. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$44,631 - $93,438
(Median)
$45K
$66K
$93K
MEDIAN: $65,930
10%
50%
90%

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$13.75 - $35.01
(Median)
$14
$23
$35
MEDIAN: $23.00
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
$44,631 - $93,438  
   
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).
)
$43,883 - $95,392  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 368
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
$13.75 - $35.01  
   
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).
)
$43,883 - $95,392  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 36
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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


Professional skills reported by Revenue Cycle Managers are few in number. 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 experienced in Billing also know Financial Analysis.

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. Workers in their first five years can expect to earn $57K, but people who have been around for five to 10 years earn a noticeably bigger sum of $64K. For Revenue Cycle Managers, 10 to 20 years of experience on the job amounts to an average salary of $68K. Survey participants who have spent more than 20 years on the job report a predictably higher median income of $76K, demonstrating that compensation is roughly commensurate with experience in the end.

Pay Difference by Location


New York is home to an above-average pay rate for Revenue Cycle Managers, 28 percent higher than the national average. Revenue Cycle Managers will also find cushy salaries in Houston (+28 percent), Seattle (+26 percent), Dallas (+13 percent), and Boston (+5 percent). In Cincinnati, salaries are 7 percent below the national average and represent the lowest-paying market.

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Experience Affects Revenue Cycle Manager Salaries



National Average
$66,000



Skills That Affect Revenue Cycle Manager Salaries

Financial Analysis
up arrow 4%

Billing
0%

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 71 votes.

Gender

Female
88 %
Male
12 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 80%
vision benefits Vision: 68% employee benefits None: 8%
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