How much does a Revenue Cycle Manager make hourly in the United States? The average hourly wage for a Revenue Cycle Manager in the United States is $50 as of August 27, 2023, but the range typically falls between $43 and $59. Hourly rate can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities
Manages the policies, objectives, and initiatives of an organization's revenue cycle activities to achieve revenue targets and to optimize the patient financial interaction along the care continuum. Implements processes for admissions, pricing, billing, third party payer relationships, compliance, and collections to ensure that clinical revenue cycle is effective and properly utilized. Tracks metrics related to the patient engagement cycle including record coding error rates and billing turnaround times to develop sound revenue cycle analysis and reporting. Coordinates with internal teams, payers, and providers to generate high reimbursement rates and a low level of denials. Requires a bachelor's degree or equivalent. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2023 Salary.com)
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Includes base and short-term incentives
2 - 4 years experience
5 + years experience
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