Revenue Cycle Manager Salary

With just below 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 annually and can range from $43K on the lower end to $94K per year near the higher end. Experience level is the biggest factor affecting pay for this group, followed by geography. Job satisfaction is high and work is enjoyable for most Revenue Cycle Managers. Medical benefits are awarded to most, and a strong majority earn dental coverage. The vast majority of Revenue Cycle Managers (88 percent) who participated in the survey are women. This snapshot results from replies to PayScale's salary survey.
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$44,340 - $92,930
(Median)
$44K
$66K
$93K
MEDIAN: $66,199
10%
50%
90%

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$13.54 - $34.70
(Median)
$14
$21
$35
MEDIAN: $21.00
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
$44,340 - $92,930  
   
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).
)
$42,527 - $94,441  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 388
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
$13.54 - $34.70  
   
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).
)
$42,527 - $94,441  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 41
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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


Revenue Cycle Managers only report a few specific skills. Most notably, skills in Financial Analysis, Billing, Medical Coding, and Medicaid & Medicare Billing are correlated to pay that is above average. Skills that seem to negatively impact pay include Medicaid & Medicare Billing. Most people experienced in 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. Those in the early stages of their career can expect to make around $52K; however, individuals with five to 10 years of experience bring in $64K on average — a distinctly larger sum. After working for 10 to 20 years, Revenue Cycle Managers make a median salary of $68K. Revenue Cycle Managers who have acquired more than two decades of experience generally do see greater compensation; their average income is approximately $76K.

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 can also look forward to large paychecks in cities like Seattle (+24 percent), Houston (+19 percent), Dallas (+13 percent), and Boston (+5 percent). Cincinnati is home to the smallest salaries in the field, lagging the national average by 7 percent.

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Experience Affects Revenue Cycle Manager Salaries



National Average
$65,000



Skills That Affect Revenue Cycle Manager Salaries

Financial Analysis
up arrow 4%

Billing
0%

National Average
$65,000

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
88 %
Male
12 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
20%
10-19 years
43%
20 years or more
21%

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 80%
vision benefits Vision: 67% employee benefits None: 9%
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