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Revenue Cycle Management Analyst Jobs (NOW HIRING)

Revenue Cycle Management Analyst

Skokie, IL · On-site

$27.88 - $32.07/hr

The Revenue Cycle Analyst will identify problems in the revenue cycle, communicate issues ... Handle all denied claims, manage adjustments, and follow-up to maximize billing revenue in ...

Revenue Cycle Management Analyst

Skokie, IL · Hybrid

$27.88 - $32.07/hr

The Revenue Cycle Analyst will identify problems in the revenue cycle, communicate issues ... Handle all denied claims, manage adjustments, and follow-up to maximize billing revenue in ...

$20.02/hr

M-F 8:30-5:00 pm EST (or based on business needs) What Revenue Cycle Management (RCM) contributes to Cardinal Health Revenue Cycle Management team focuses on a series of clinical and administrative ...

The VP Revenue Cycle Management provides leadership and direction over all areas of the revenue ... Performs ongoing trend analysis and champions revenue cycle improvements. * Provides financial ...

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Revenue Cycle Management Analyst information

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How much do revenue cycle management analyst jobs pay per hour?

As of Jul 5, 2026, the average hourly pay for revenue cycle management analyst in the United States is $31.60, according to ZipRecruiter salary data. Most workers in this role earn between $22.36 and $36.06 per hour, depending on experience, location, and employer.

How much does an RCM analyst make?

The average salary for a Revenue Cycle Management (RCM) analyst typically ranges from $50,000 to $75,000 per year, depending on experience, location, and certifications. Entry-level analysts may earn less, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and paid time off.

What is a Revenue Cycle Management Analyst?

A Revenue Cycle Management (RCM) Analyst is a professional who evaluates and optimizes the financial processes in healthcare organizations, ensuring that patient services are billed, claims are submitted, and payments are received efficiently. They analyze data related to billing, coding, collections, and reimbursement to identify areas for improvement and to minimize revenue loss. RCM Analysts work closely with clinical and administrative staff to streamline operations, reduce errors, and enhance the overall financial health of the organization.

What does a revenue management analyst do?

A revenue management analyst analyzes financial data to optimize revenue and profitability for an organization. They use tools like Excel and revenue management software to monitor trends, develop pricing strategies, and improve revenue cycle processes, often working closely with sales, finance, and operations teams.

Is revenue cycle management a good career?

Revenue Cycle Management Analysts play a key role in healthcare finance by managing billing, coding, and collections processes. The field offers steady employment, opportunities for certification, and the potential for career advancement, especially with experience and specialized skills. It is suitable for individuals interested in healthcare operations and financial analysis.

What does a revenue cycle analyst do?

A revenue cycle management analyst reviews and optimizes the processes involved in billing, coding, claims submission, and payment collection to ensure accurate and timely revenue for healthcare organizations. They analyze data, identify issues, and implement improvements using tools like electronic health records (EHR) systems and revenue cycle software. Strong analytical skills and knowledge of healthcare billing regulations are essential for this role.

What is the difference between Revenue Cycle Management Analyst vs Billing Specialist?

AspectRevenue Cycle Management AnalystBilling Specialist
CredentialsTypically requires a degree in healthcare administration, finance, or related field; certifications like CPC or RHIT are commonOften requires a high school diploma or associate degree; certifications like CPC are beneficial
Work EnvironmentWorks in healthcare facilities, insurance companies, or consulting firms, analyzing revenue processesPrimarily in medical offices or billing companies, focusing on processing claims and payments
Employer & Industry UsageUsed across hospitals, clinics, and healthcare organizations to optimize revenue cyclesCommonly employed in medical practices and billing services for claim submission and payment posting

While both roles are essential in healthcare revenue processes, the Revenue Cycle Management Analyst focuses on analyzing and improving the entire revenue cycle, whereas the Billing Specialist handles the day-to-day billing and claims submission tasks.

What are the key skills and qualifications needed to thrive as a Revenue Cycle Management Analyst, and why are they important?

To thrive as a Revenue Cycle Management Analyst, you need a solid understanding of healthcare billing, coding, and reimbursement processes, often supported by a degree in healthcare administration or related fields. Proficiency with revenue cycle management software, electronic health records (EHR) systems, and knowledge of HIPAA regulations are typically required. Analytical thinking, attention to detail, and strong communication skills help you identify process improvements and resolve discrepancies effectively. These skills ensure accurate financial operations and optimize revenue capture for healthcare organizations.

What are some common challenges faced by Revenue Cycle Management Analysts, and how can they be addressed?

Revenue Cycle Management Analysts often encounter challenges such as identifying inefficiencies in billing processes, ensuring compliance with healthcare regulations, and managing denials or claim rejections. To address these, analysts typically use data analytics tools to pinpoint bottlenecks, collaborate with billing and coding teams to improve accuracy, and stay updated on industry changes. Regular communication with clinical staff and ongoing training also help in streamlining workflows and maintaining compliance, making adaptability and strong problem-solving skills essential in this role.
More about Revenue Cycle Management Analyst jobs
What cities are hiring for Revenue Cycle Management Analyst jobs? Cities with the most Revenue Cycle Management Analyst job openings:
Revenue Cycle Management Analyst

Revenue Cycle Management Analyst

Trilogy

Skokie, IL • On-site

$27.88 - $32.07/hr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 7 days ago


Job description

Pay Range: $27.88 - 32.07/hr
Schedule: Monday - Friday, 8am - 4:30pm
Hybrid- 3 Days in office, 2 days remote
Office Location: 5250 Old Orchard Rd. Skokie IL 60077
Job Summary
The Revenue Cycle Analyst is responsible for analyzing incoming and outgoing insurance revenue (Medicaid, MCO, private, commercial, etc.). He/she is responsible for maximizing reimbursements, resolving claim rejections or denials, and developing effective policies for billing and claim processing. The Revenue Cycle Analyst will identify problems in the revenue cycle, communicate issues accordingly, and develop action plans and timelines for resolution.
Responsibilities
  • Identify revenue cycle problems and implement timely solutions for improvement to maximize billing revenue.
  • Evaluate and escalate eligibility, authorization, billing, and claims processing inaccuracies to implement upstream solutions
  • Ensure that all changes, payments, and adjustments for DHS, Medicare, Medicaid/DPA, MCO, private insurance, and other billing (and re-billing) is recorded, processed, and submitted in a timely and efficient manner.
  • Handle all denied claims, manage adjustments, and follow-up to maximize billing revenue in accordance with payor rules. Collect and analyze payer data to determine denial and underpayment trends for further review.
  • Execute data mining and in-depth accounts receivable analysis. Generate and distribute reports as needed.
  • Conduct regular billing audits to identify areas of missed revenue and make recommendations based on audit results
  • Follow-up with insurance companies to resolve revenue cycle issues. Interface with clearinghouses to obtain data for analyzing and streamlining the revenue cycle process.
  • Provide training to employees on the revenue cycle process.
  • Collaborate with the Accounting department regarding policies and procedures related to collection and processing of client information, filing insurance claims, and posting payments.
  • Perform other related duties and/or projects as assigned

Qualifications
  • College degree preferred
  • Minimum two to four years of experience in billing, revenue cycle management, denial management, etc.
  • Ability to work independently with minimal supervision.
  • Exceptional time management skills; ability to meet deadlines and prioritize assignments for optimal efficiency.
  • Superior organizational and communication skills
  • Advanced computer skills in Microsoft Office applications, and ability to learn new computer systems

Benefits
  • FREE Virtual Primary Care, Urgent Care, and Mental Health Counseling for ALL Employees
  • PAID Maternity/Paternity leave
  • Medical Insurance (BCBS of IL)
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Long-Term & Short-Term Disability
  • Pet Insurance
  • FSA (Health, Dependent Care, Transit)
  • Telemedicine
  • EAP
  • 403(b) Retirement Plan with Employer Match

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.