Revenue Cycle Manager Salary

Revenue Cycle Managers in the United States are often veterans in their line of work, with just under two-thirds bringing more than 10 years of experience to the table. Salaries slide in at $64K per year on average but can range from $44K to $90K per year. Total cash earnings of Revenue Cycle Managers range from $44K on the low end to $90K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $10K and $8K, respectively. Location and tenure each impact pay for this group, with the former having the largest influence. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to more than half. The vast majority (86 percent) of Revenue Cycle Managers who took the survey are female. Job satisfaction for Revenue Cycle Managers is high. The data for this synopsis comes from respondents who took the PayScale salary survey.
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$46,760 - $89,308
$47K
$64K
$89K
MEDIAN: $63,880
10%
50%
90%

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$14.59 - $32.54
$15
$23
$33
MEDIAN: $22.98
10%
50%
90%

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$0$89K
Salary $46,760 - $89,308
Bonus $0.00 - $10,616
Profit Sharing $195.74 - $4,122
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).
)
$44,128 - $89,646
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 560
Hourly Data $0$48
Hourly Rate $14.59 - $32.54
Overtime $0.00 - $48.78
Annual Data $0$89K
Bonus $0.00 - $10,616
Profit Sharing $195.74 - $4,122
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).
)
$44,128 - $89,646
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 80

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Revenue Cycle Manager

Revenue cycle managers are responsible for overseeing billing accounts and helping departments resolve their revenue cycle problems. They oversee the billing teams that manage accounts, communications with insurance, collections, contract analysis, cash posting, billing transactions with clients, and report creation. The revenue cycle manager helps ensure that these areas run smoothly, and they must detect problems in the billing systems and correct them accordingly.

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Revenue Cycle Manager Tasks

  • Responsible for operations of patient business services, insurance verification, and workers compensation authorizations.
  • Identify revenue cycle problems and implement solutions for improvement.

Common Career Paths for Revenue Cycle Manager


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Revenue Cycle Managers who move on to become Directors of Revenue Cycle Management may enjoy significant pay raises, as Directors of Revenue Cycle Management get paid an average of $101K per year.

Revenue Cycle Manager Job Listings

Popular Skills for Revenue Cycle Manager


Survey results show that Revenue Cycle Managers use a fair number of skills. Most notably, skills in Operations Management, Financial Analysis, Medicaid & Medicare Billing, and Project Management are correlated to pay that is above average. At the other end of the pay range are skills like bill collections and Medical Coding. Those educated in Billing tend to be well versed in Medical Coding.

Pay by Experience Level for Revenue Cycle Manager

Pay by Experience for a Revenue Cycle Manager has a positive trend. An entry-level Revenue Cycle Manager with less than 5 years of experience can expect to earn an average total compensation of $56,000 based on 140 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Revenue Cycle Manager with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $64,000 based on 176 salaries. An experienced Revenue Cycle Manager which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $65,000 based on 259 salaries. A Revenue Cycle Manager with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $70,000 based on 165 salaries.

Pay Difference by Location

National Average: $63,238

Larger city markers indicate a job is popular in that location.

For Revenue Cycle Managers, busy Boston offers a higher-than-average pay rate, 37 percent above the national average. Revenue Cycle Managers will also find cushy salaries in New York (+31 percent), Portland (+26 percent), Seattle (+24 percent), and Dallas (+14 percent). The smallest paychecks in the market, 10 percent south of the national average, can be found in Philadelphia. Workers in Cincinnati and Nashville earn salaries that trail the national average for those in this profession (8 percent less and 7 percent less, respectively).

Related Job Salaries

Key Stats for Revenue Cycle Manager

Gender

Female
86 %
Male
14 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 100 votes.
Less than 1 year
1%
1-4 years
15%
5-9 years
21%
10-19 years
34%
20 years or more
28%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Revenue Cycle Manager Salaries

▲11%

▲3%

▲1%

National Average
$63,000

▼12%

Skills That Affect Revenue Cycle Manager Salaries




Accounts Receivable
▲1%


Project Management
▲1%

National Average
$63,000


▼3%



Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 100 votes.

Gender

Female
86 %
Male
14 %

Years of Experience

Less than 1 year
1%
1-4 years
15%
5-9 years
21%
10-19 years
34%
20 years or more
28%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 77%
vision benefits
Vision: 69%
no benefits
None: 11%
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