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Revenue Cycle Specialist Salary

Revenue Cycle Specialists in the United States take home an average $16.71 per hour. Location and experience level each impact pay for this group, with the former having the largest influence. Job satisfaction is considered about average by most people in this profession. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Women account for the majority of Revenue Cycle Specialists who took the survey — 81 percent to be exact. This report is based on answers to PayScale's salary questionnaire.
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$32,556 - $73,653
(Median)
$33K
$50K
$74K
MEDIAN: $49,858
10%
50%
90%

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$11.99 - $22.12
(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
$32,556 - $73,653  
   
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).
)
$26,930 - $60,194  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 69
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
$11.99 - $22.12  
   
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).
)
$26,930 - $60,194  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 123

Find Out Exactly What You Should Be Paid

United States (change)


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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 seem to require a number of specific 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 pay less than market rate 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.


Although individuals who have less than five years' experience earn $35K on average, people with five to 10 years benefit from a notably larger average of $41K. On average, Revenue Cycle Specialists make $42K following one to two decades on the job. Folks who claim more than 20 years of relevant experience actually report a comparatively lower median income of $40K.

Related Job Salaries

United States (change)

Experience Affects Revenue Cycle Specialist Salaries

Experienced
up arrow 11%

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 29%

Medical Terminology
up arrow 9%

Medical Coding
up arrow 1%

National Average
$38,000

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 35 votes.

Gender

Female
81 %
Male
19 %

Years of Experience

Less than 1 year
5%
1-4 years
37%
5-9 years
22%
10-19 years
25%
20 years or more
11%

Common Health Benefits

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