$44,311
Avg. Salary
$17.07
Avg. Hourly Rate

Average additional compensation:

$1,936

Bonus

$2,500

Profit Sharing

What am I worth?
How should I pay?

The average pay for a Revenue Cycle Specialist is $17.07 per hour.

The average pay for a Revenue Cycle Specialist is $44,311 per year.

10%
$13.48
10%
$17.07
50%
$22.52
90%
90%
MEDIAN $17.07
10%
$33k
10%
$44k
50%
$61k
90%
90%
MEDIAN $44,311
$32,818 - $61,095
$33K
$44K
$61K
MEDIAN: $44,311
10%
50%
90%

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$13.48 - $22.52
$13
$17
$23
MEDIAN: $17.07
10%
50%
90%

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$0$61K
Salary $32,818 - $61,095
Bonus $250 - $8,000
Profit Sharing $2,500
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).
)
$28,949 - $53,769
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 121
Hourly Data $0$32
Hourly Rate $13.48 - $22.52
Overtime $13.60 - $32.36
Annual Data $0$53K
Bonus $250 - $8,000
Profit Sharing $2,500
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).
)
$28,949 - $53,769
  • Country: United States
  • Currency: USD
  • Updated: 13 Mar 2019
  • Individuals Reporting: 332

Job Description for Revenue Cycle Specialist

Revenue cycle specialists work primarily in health-related fields to ensure financial success for hospitals and other health care facilities. This position requires in-depth knowledge of billing, invoicing, arranging payment methods, overseeing collections, accounts receivable, and proper financial statements.

Read More...
Revenue Cycle Specialist Tasks
  • Responsible for operations of patient business services, insurance verification, and workers compensation authorizations.
  • Coordinate activities of staff responsible for charge capture, coding, charge entry, insurance follow up, reimbursement analysis, or other financial functions.
  • Identify revenue cycle problems and implement solutions for improvement.

Revenue Cycle Specialist Job Listings

Popular Skills for Revenue Cycle Specialist


Revenue Cycle Specialists report using a wide range of professional skills. Most notably, skills in Accounts Receivable, Insurance, Billing, and Medical Coding are correlated to pay that is above average. Those listing Microsoft Office as a skill should be prepared for drastically lower pay. Electronic Medical Records and Medicaid Billing also typically command lower compensation. The majority of those who know Billing also know Accounts Receivable.

Pay by Experience Level for Revenue Cycle Specialist

Pay by Experience for a Revenue Cycle Specialist has a positive trend. An entry-level Revenue Cycle Specialist with less than 5 years of experience can expect to earn an average total compensation of $33,000 based on 114 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Revenue Cycle Specialist with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $40,000 based on 62 salaries. An experienced Revenue Cycle Specialist which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $41,000 based on 73 salaries. A Revenue Cycle Specialist with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $39,000 based on 14 salaries.

Revenue Cycle Specialist Reviews

Q: What is it like working as a Revenue Cycle Specialist?

Revenue Cycle Specialist:
Aurora Health Care now Advocate Aurora place to work. I have worked here for 10+ years. The Benefits are nice and they are very flexible with work times; also you may work from home depending on your position.

Revenue Cycle Specialist in Hicksville:
"Convenient."
Pros: Everything is nearby
Cons: Traffic during rush hour times

Revenue Cycle Specialist in Middletown:
"Underpaid."
Pros: close to home
Cons: local job

Revenue Cycle Specialist:
I’m entry level. Pay is ok. Insurance could be better. My immediate manager is non existent and incompetent. How she still has a job I don’t know. Makes you wonder why.. Coworkers are great. Job itself is challenging. Education is rewarded with better pay and possibly promotion.

Revenue Cycle Specialist in Plantation:
"It's great. Good people godd company."
Pros: The people first and the job.
Cons: The office environment. Not the best.

Related Job Salaries

Key Stats for Revenue Cycle Specialist

Gender

Female
87 %
Male
12 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.
Less than 1 year
5%
1-4 years
36%
5-9 years
20%
10-19 years
29%
20 years or more
9%

Experience Affects Revenue Cycle Specialist Salaries

▲7%

▲4%

Late-Career
▲2%

National Average
$38,000

▼12%

Skills That Affect Revenue Cycle Specialist Salaries


National Average
$38,000

▼3%

▼3%



Medical Terminology
▼12%

Microsoft Excel
▼13%

Medicaid Billing
▼15%

Electronic Medical Records (EMR)
▼18%

Microsoft Office
▼22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 66 votes.

Gender

Female
87 %
Male
12 %

Years of Experience

Less than 1 year
5%
1-4 years
36%
5-9 years
20%
10-19 years
29%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 86%
dental benefits
Dental: 76%
vision benefits
Vision: 71%
no benefits
None: 10%