How much does a Healthcare Revenue Cycle Optimization Director make hourly in the United States? The average hourly wage for a Healthcare Revenue Cycle Optimization Director in the United States is $75 as of February 26, 2024, but the range typically falls between $66 and $87. 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.
Percentile | Hourly Pay Rate | Location | Last Updated |
10th Percentile Healthcare Revenue Cycle Optimization Director Salary | $57 | US | February 26, 2024 |
25th Percentile Healthcare Revenue Cycle Optimization Director Salary | $66 | US | February 26, 2024 |
50th Percentile Healthcare Revenue Cycle Optimization Director Salary | $75 | US | February 26, 2024 |
75th Percentile Healthcare Revenue Cycle Optimization Director Salary | $87 | US | February 26, 2024 |
90th Percentile Healthcare Revenue Cycle Optimization Director Salary | $98 | US | February 26, 2024 |
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The Healthcare Revenue Cycle Optimization Director reviews, designs, and implements processes surrounding admissions, pricing, billing, third party payer relationships, compliance, collections, and other financial analyses to ensure that clinical revenue cycle is effective and properly utilized. Directs and oversees the overall policies, objectives, and initiatives of an organization's revenue cycle activities to optimize the patient financial interaction along the care continuum. Being a Healthcare Revenue Cycle Optimization Director manages relations with payers and providers to generate high reimbursement rates and a low level of denials. Tracks numerous metrics related to the patient engagement cycle including record coding error rates and billing turnaround times to develop sound revenue cycle analysis and reporting. In addition, Healthcare Revenue Cycle Optimization Director requires a bachelor's degree. Typically reports to top management. The Healthcare Revenue Cycle Optimization Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. Working as a Healthcare Revenue Cycle Optimization Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
5 + years experience
Bachelor's Degree
Bachelor's Degree
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Revenue Accountant | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Revenue Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Revenue Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
Job Title Revenue Analyst III | Experience 4 - 7 | EducationBachelors | Salary Compared to This Job |
Job Title Revenue Cycle Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
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