1. What is the average salary of a Revenue Cycle Manager?
The average annual salary of Revenue Cycle Manager is $123,514.
In case you are finding an easy salary calculator,
the average hourly pay of Revenue Cycle Manager is $59;
the average weekly pay of Revenue Cycle Manager is $2,375;
the average monthly pay of Revenue Cycle Manager is $10,293.
2. Where can a Revenue Cycle Manager earn the most?
A Revenue Cycle Manager's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Revenue Cycle Manager earns the most in San Jose, CA, where the annual salary of a Revenue Cycle Manager is $155,788.
3. What is the highest pay for Revenue Cycle Manager?
The highest pay for Revenue Cycle Manager is $145,473.
4. What is the lowest pay for Revenue Cycle Manager?
The lowest pay for Revenue Cycle Manager is $104,152.
5. What are the responsibilities of Revenue Cycle Manager?
Manages the policies, objectives, and initiatives of an organization's revenue cycle activities to achieve operational goals and cash flow targets. Implements processes and procedures to optimize the revenue cycle and ensure compliance. Tracks metrics to develop sound revenue cycle reporting and analysis. Identifies trends and makes recommendations for areas of improvement. Requires a bachelor's degree. 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.
6. What are the skills of Revenue Cycle Manager
Specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
1.)
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
2.)
Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.
3.)
Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.