Revenue Cycle Specialist Salary

The average Revenue Cycle Specialist in the United States can expect to rake in roughly $16.64 per hour. Location is the biggest factor affecting pay for this group, followed by tenure. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Revenue Cycle Specialists who responded to the questionnaire are largely women, dominating at 82 percent. Job satisfaction is high and work is enjoyable for most Revenue Cycle Specialists. This snapshot results from replies to PayScale's salary survey.
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$33,167 - $73,118
(Median)
$33K
$50K
$73K
MEDIAN: $50,142
10%
50%
90%

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$12.04 - $21.48
(Median)
$12
$17
$21
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
$33,167 - $73,118  
   
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).
)
$26,977 - $59,457  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 73
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
$12.04 - $21.48  
   
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).
)
$26,977 - $59,457  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 131
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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 show that Revenue Cycle Specialists use a fair number of 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, 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.


The average worker who claims fewer than five years of experience earns around $35K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $41K. People with 10 to 20 years of experience make an average of about $42K in this role. People who have worked for 20 years or more actually report earning less than people who are in the middle of their careers; the veterans take home a mere $40K by contrast.

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%

Accounts Receivable
up arrow 5%

Medicaid & Medicare Billing
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
4%
1-4 years
38%
5-9 years
22%
10-19 years
24%
20 years or more
11%

Common Health Benefits

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