How much does a Revenue Cycle Director make in the United States? The average Revenue Cycle Director salary in the United States is $139,543 as of April 27, 2020, but the range typically falls between $112,441 and $169,585. 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 may require 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. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. To be a Revenue Cycle Director typically requires 5+ years of managerial experience. (Copyright 2020 Salary.com)... View full job description
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Fiscal Year Ended in 2019
What does a Revenue Cycle Director do?
Revenue Cycle Director in Addison, TX
Understanding of the industry trends, market dynamics, and key performance indicators.
August 05, 2019
Participates with providing comprehensive, succinct updates to USPI Leadership in order to drive awareness of any Client support requirements and/or risks that could impact service delivery.
October 18, 2019
Change Management- The ability to help counterparts through difficult transitions to a new process, workflow, or situation.
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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 $112,441 to $169,585 with the average base salary of $139,543. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $113,179 to $175,137 with the average total cash compensation of $141,532.