The average salary for a Revenue Cycle Manager is $65,799.
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What Do Revenue Cycle Managers Do?
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.
This position requires an …Read more
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.
Job Satisfaction for Revenue Cycle Manager
Popular Employer Salaries for Revenue Cycle Manager
The top respondents for the job title Revenue Cycle Manager are from the companies Integrated Medical Services, Near North Health Service Corporation and Paragon. Reported salaries are highest at Integrated Medical Services where the average pay is $87,429. Other companies that offer high salaries for this role include Fairview Hospital and Near North Health Service Corporation, earning around $83,424 and $75,871, respectively. CHMB pays the lowest at around $48,585. Paragon and HCA, Inc. also pay on the lower end of the scale, paying $50,868 and $60,500, respectively.
Revenue Cycle Manager Job Listings
What Are Popular Skills for Revenue Cycle Managers?
Skills in Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Medicaid & Medicare Billing, People Management, Billing and Accounts Receivable.
What is the Pay by Experience Level for Revenue Cycle Managers?
An entry-level Revenue Cycle Manager with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $51,748 based on 16 salaries. An early career Revenue Cycle Manager with 1-4 years of experience earns an average total compensation of $60,126 based on 163 salaries. A mid-career Revenue Cycle Manager with 5-9 years of experience earns an average total compensation of $65,470 based on 254 salaries. An experienced Revenue Cycle Manager with 10-19 years of experience earns an average total compensation of $67,577 based on 411 salaries. In their late career (20 years and higher), employees earn an average total compensation of $69,908.
Pay Difference by Location
Employees with Revenue Cycle Manager in their job title in New York, New York earn an average of 31.5% more than the national average. These job titles also find higher than average salaries in Chicago, Illinois (12.7% more) and Dallas, Texas (8.7% more). The lowest salaries can be found in Atlanta, Georgia (8.5% less), Austin, Texas (4.9% less) and Houston, Texas (2.0% less).
Years of Experience
This data is based on 1,198 survey responses.