Revenue Cycle Specialist Salary

Revenue Cycle Specialists in the United States pull down an average of $16.53 per hour. Location is the biggest factor affecting pay for this group, followed by tenure. For the most part, Revenue Cycle Specialists enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to most, and a strong majority earn dental coverage. Revenue Cycle Specialists who responded to the questionnaire are largely women, dominating at 82 percent. This snapshot results from replies to PayScale's salary survey.
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$34,196 - $72,986

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$12.04 - $21.40

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National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$25K$50K$75K
Salary
$34,196 - $72,986  
   
Bonus
$0.00 - $6,584  
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).
)
$27,051 - $59,182  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 74
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$11$22$33
Hourly Rate
$12.04 - $21.40  
   
Overtime
$0.00 - $30.33  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$22K$44K$66K
Bonus
$0.00 - $6,584  
   
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).
)
$27,051 - $59,182  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 135
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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Survey results imply that Revenue Cycle Specialists put a diverse skill set to use. Most notably, facility with Microsoft Excel and Medical Terminology are correlated to pay that is significantly above average, leading to increases of 30 percent and 9 percent, respectively. Those listing Electronic Medical Records as a skill should be prepared for drastically lower pay. Accounts Receivable and Medicaid & Medicare Billing also typically command lower compensation.

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. After working for 10 to 20 years, Revenue Cycle Specialists make a median salary of $42K. Folks with more than two decades of experience actually report lower incomes overall; their average comes out to a mere $40K.

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 6%

National Average
$38,000

Entry-Level
up arrow 8%

Skills That Affect Revenue Cycle Specialist Salaries

Microsoft Excel
up arrow 30%

Medical Terminology
up arrow 9%

National Average
$38,000

Medical Coding
up arrow 3%

Billing
up arrow 3%

Accounts Receivable
up arrow 4%

Medicaid & Medicare Billing
up arrow 4%

Electronic Medical Records (EMR)
up arrow 23%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 35 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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