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Revenue Cycle Specialist Salary

Revenue Cycle Specialists in the United States can expect wages of $16.88 per hour on average. Residence and career duration each impact pay for this group, with the former having the largest influence. Work is enjoyable for Revenue Cycle Specialists, who typically claim high levels of job satisfaction. There are far more female Revenue Cycle Specialists who answered the questionnaire than men, making up 80 percent. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to a majority. This snapshot results from replies to PayScale's salary survey.
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$34,196 - $74,379
(Median)
$34K
$50K
$74K
MEDIAN: $50,068
10%
50%
90%

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$12.01 - $22.20
(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
$34,196 - $74,379  
   
Bonus
$0.00 - $6,557  
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).
)
$26,965 - $60,133  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 64
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
$12.01 - $22.20  
   
Overtime
$0.00 - $30.33  
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 - $6,557  
   
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).
)
$26,965 - $60,133  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 120

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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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Revenue Cycle Specialists report a narrow range of specific skills. Most notably, facility with Microsoft Excel and Medical Coding are correlated to pay that is significantly above average, leading to increases of 28 percent and 4 percent, respectively. Skills that seem to negatively impact pay include Billing, Accounts Receivable, and Medicaid & Medicare Billing.

Pay by Experience Level for Revenue Cycle Specialist

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


Those in the early stages of their career can expect to make around $35K; however, individuals with five to 10 years of experience bring in $41K on average — a distinctly larger sum. The average pay reported by folks with 10 to 20 years of experience is around $43K. Survey respondents who have worked for more than 20 years actually report somewhat lower incomes of $41K.

Related Job Salaries

United States (change)

Experience Affects Revenue Cycle Specialist Salaries

Experienced
up arrow 12%

Mid-Career
up arrow 7%

Late-Career
up arrow 6%

National Average
$38,000

Entry-Level
up arrow 9%

Skills That Affect Revenue Cycle Specialist Salaries

Microsoft Excel
up arrow 28%

Medical Coding
up arrow 4%

National Average
$38,000

Medicaid & Medicare Billing
up arrow 3%

Accounts Receivable
up arrow 5%

Billing
up arrow 8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 36 votes.

Gender

Female
80 %
Male
20 %

Years of Experience

Less than 1 year
4%
1-4 years
38%
5-9 years
22%
10-19 years
24%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 74%
vision benefits Vision: 64% employee benefits None: 16%