How much does a Revenue Cycle Manager make in New Mexico? The average Revenue Cycle Manager salary in New Mexico is $98,546 as of February 26, 2024, but the range typically falls between $83,542 and $115,811. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Revenue Cycle Manager Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Revenue Cycle Manager Salary $69,881 NM February 26, 2024
25th Percentile Revenue Cycle Manager Salary $83,542 NM February 26, 2024
50th Percentile Revenue Cycle Manager Salary $98,546 NM February 26, 2024
75th Percentile Revenue Cycle Manager Salary $115,811 NM February 26, 2024
90th Percentile Revenue Cycle Manager Salary $131,530 NM February 26, 2024
25% $83,542 10% $69,881 90% $131,530 75% $115,811 $98,546 50%(Median) Didn’t find job title? Click
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What skills does a Revenue Cycle Manager need?

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.

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.

3.

Pricing: Pricing is a process of fixing the value that a manufacturer will receive in the exchange of services and goods.

Analysis 5.74%
Futures 1.4%
Pricing 2.22%
Others 90.64%

Job Description for Revenue Cycle Manager

Revenue Cycle Manager 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. Being a Revenue Cycle Manager 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. Additionally, Revenue Cycle Manager requires a bachelor's degree or equivalent. Typically reports to a director. The Revenue Cycle Manager 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. To be a Revenue Cycle Manager 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 2024 Salary.com)... View full job description

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Job Openings for Revenue Cycle Manager in New Mexico

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Location Avg. Salary Date Updated
Location Sunland Park, NM Avg. Salary $93,446 Date Updated February 26, 2024
Location Abiquiu, NM Avg. Salary $99,358 Date Updated February 26, 2024
Location Alamogordo, NM Avg. Salary $95,298 Date Updated February 26, 2024
Location Albuquerque, NM Avg. Salary $100,452 Date Updated February 26, 2024
Location Alcalde, NM Avg. Salary $99,358 Date Updated February 26, 2024
Location Algodones, NM Avg. Salary $99,164 Date Updated February 26, 2024
Location Alto, NM Avg. Salary $93,695 Date Updated February 26, 2024
Location Amalia, NM Avg. Salary $99,358 Date Updated February 26, 2024
Location Amistad, NM Avg. Salary $97,114 Date Updated February 26, 2024
Location Angel Fire, NM Avg. Salary $99,358 Date Updated February 26, 2024

Career Path for Revenue Cycle Manager

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Revenue Cycle Manager, the first career path typically starts with a Revenue Cycle Director position, and then progresses to Top Revenue Cycle Executive.

Additionally, the second career path typically starts with a Revenue Director position, and then progresses to Chief Revenue Officer.

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Revenue Cycle Manager Salary in New Mexico
Revenue Cycle Manager Salary Graph, Regional Distribution and Summary