How much does a Revenue Cycle Director make in the United States? The average Revenue Cycle Director salary in the United States is $148,101 as of April 27, 2021, but the range typically falls between $123,110 and $176,146. Salary ranges 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.
Revenue Cycle Director 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. 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. Being a Revenue Cycle Director 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. Manages relations with payers and providers to generate high reimbursement rates and a low level of denials. Additionally, Revenue Cycle Director requires a bachelor's degree. Typically reports to top management. The Revenue Cycle 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. To be a Revenue Cycle Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2021 Salary.com)... View full job description
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Fiscal Year Ended in 2020
What does a Revenue Cycle Director do?
Revenue Cycle Director in Addison, TX
Change Management- The ability to help counterparts through difficult transitions to a new process, workflow, or situation.
November 05, 2020
Collaborates with on-site resources in service delivery and problem solving maximize solution offering and client satisfaction.
December 02, 2020
Delivers ongoing training and development support to Client's Business Office leadership and staff.
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These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Revenue Cycle Director in the United States. The base salary for Revenue Cycle Director ranges from $123,110 to $176,146 with the average base salary of $148,101. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $124,397 to $182,312 with the average total cash compensation of $150,254.