Revenue Cycle Specialist Salary

Revenue Cycle Specialists in the United States pull down an average of $16.67 per hour. Geographic location is the biggest factor affecting pay for this group, followed by tenure. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to a majority. The vast majority (82 percent) of Revenue Cycle Specialists who took the survey are female. The majority of workers are highly satisfied with their job. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$32,973 - $73,250
(Median)
$33K
$50K
$73K
MEDIAN: $50,282
10%
50%
90%

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$12.12 - $21.55
(Median)
$12
$17
$22
MEDIAN: $16.00
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$25K$50K$75K
Salary
$32,973 - $73,250  
   
Bonus
$0.00 - $6,571  
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).
)
$27,066 - $59,692  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 72
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$11$22$33
Hourly Rate
$12.12 - $21.55  
   
Overtime
$0.00 - $30.41  
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$22K$44K$66K
Bonus
$0.00 - $6,571  
   
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).
)
$27,066 - $59,692  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 128
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Job Description for Revenue Cycle Specialist

  • Identify revenue cycle problems and implement solutions for improvement.
  • Coordinate activities of staff responsible for charge capture, coding, charge entry, insurance follow up, reimbursement analysis, or other financial functions.
  • Responsible for operations of patient business services, insurance verification, and workers compensation authorizations.

Revenue Cycle Specialist Job Listings

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Survey results suggest that Revenue Cycle Specialists use a fairly large toolkit of professional skills. Most notably, facility with Microsoft Excel and Medical Terminology are correlated to pay that is significantly above average, leading to increases of 29 percent and 9 percent, respectively. Skills that seem to negatively impact pay include Billing and Accounts Receivable.

Pay by Experience Level for Revenue Cycle Specialist

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Salaries for the relatively untried average out to around $35K, but survey participants with five to 10 years of experience earn a significantly higher median of $42K. Revenue Cycle Specialists who work for 10 to 20 years in their occupation tend to earn about $42K. Survey participants with more than two decades under their belts actually report earning less than people with less experience; the former take home only $40K on average.

Related Job Salaries

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Experience Affects Revenue Cycle Specialist Salaries

Experienced
up arrow 10%

Mid-Career
up arrow 9%

Late-Career
up arrow 5%

National Average
$38,000

Entry-Level
up arrow 9%

Skills That Affect Revenue Cycle Specialist Salaries

Microsoft Excel
up arrow 29%

Medical Terminology
up arrow 9%

National Average
$38,000

Medical Coding
up arrow 1%

Medicaid & Medicare Billing
up arrow 3%

Accounts Receivable
up arrow 5%

Billing
up arrow 7%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 34 votes.

Gender

Female
82 %
Male
18 %

Years of Experience

Less than 1 year
5%
1-4 years
38%
5-9 years
22%
10-19 years
25%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 76%
vision benefits Vision: 65% employee benefits None: 15%
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