INDUSTRY STATS
According to the U.S. Bureau of Labor Statistics, Revenue Cycle Manager positions are at a 14% growth rate, which is faster than average. With that said, there are currently 907,600 jobs in the market right now. The total number of jobs is expected to increase by 124,400 to 1,032,000 in the period of 2020-30.
What’s more, the median annual wage for the Revenue Cycle Manager jobs was $87,660 in May 2020. The lowest 10% earned less than $50,990, and the highest 10% more than $156,840.
Our conclusion? The Revenue Cycle Manager job market is wide open for candidates.
Top revenue cycle manager sections that make the best resume
- Header
- Professional summary
- Experience (with numbers and results)
- Relevant skills
- Education
- Certifications
How to write the perfect Revenue Cycle Manager resume experience section
Revenue cycle manager experience section: Checklist
- List your positions in chronological or reverse-chronological order;
- Go for 4-6 bullet points;
- Add only relevant work experience;
- Include information about the challenges you’ve faced, the actions you’ve taken, and the results you’ve achieved;
- Use action verbs instead of filler words.
We’ve selected some of the top Revenue Cycle Manager resumes made using the Enhancv platform to illustrate what a great experience section looks like. Use them as inspiration when building your own resume:
- Increased revenue by 20M over first two quarters
- Manage and recruit a team of remote billing specialists
- Designed automation to reduce manual billing processes
- Formulated methods for compiling data into claims batches
- Worked with payers to build custom payer networks and negotiate contracts
- Developed a framework of policies and procedures to serve as the backbone of resources for staff operations
- Invoived directly with many Fortune 500 clients among four countries
- Create and mange reports for revenue analysis and forecasting
- Facilitate communication from Equitas Health to third party billing company.
- Doubled revenue each year while maintaining manageable outstanding A/R.
- Build workflows to improve and expedite billing processes.
- Analyze reporting to focus work toward improved A/R results.
- Oversee the work of internal and external revenue teams.
- Monitor KPI for ways to innovate and encourage improvement.
- Reduced claim denials by 20%
- Increased monthly collections by 25%
- Streamlined revenue cycle processes, resulting in a 15% reduction in average days in accounts receivable
- Improved staff understanding of revenue cycle process through regular training sessions
- Reduced average days in accounts receivable by 30%
- Increased staff efficiency by 20%
- Provided actionable insights to improve financial stability
- Collaborated with client staff to train and educate on revenue cycle processes
- Achieved 98% clean claim rate, resulting in $40M reduction in denied claims
- Implemented revenue cycle process improvement initiative, resulting in $10M increase in collections annually
- Developed and implemented revenue cycle training program, resulting in 25% reduction in claim submission errors
- Collaborated with Patient Services and Contact Center to optimize billing and accounts receivable functionality of Electronic Practice Management system
- Identified and resolved root causes of denied claims, resulting in 15% reduction in denial rate
- Provided analytic support to senior management, including development and reporting of key performance indicators and benchmarking data
- Implemented new revenue cycle system, resulting in 30% increase in collections
- Negotiated favorable contract terms with health plans, resulting in $5M increase in revenue annually
- Managed team of 20+ revenue cycle staff, including billing and collections personnel
- Developed and implemented revenue cycle policies and procedures to ensure compliance with federal and state regulations
- Analyzed accounts receivable data and developed action plans for continuous improvement
- Managed relationship with billing vendors to ensure accurate and timely claims submission
PRO TIP
In writing your Revenue Cycle Manager resume, you will no doubt want to list your previous duties - as you should. But steer clear of just listing your duties, instead of your achievements. Make your resume stand out by communicating what you have done, and not merely what the job needed you to do.
Action verbs for your revenue cycle manager resume
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Revenue cycle manager resume: How to write a strong skills section
The ultimate revenue cycle manager skills section checklist.
- Balance between all kinds of hard skills – technical, analytical, etc.
- When it comes to technical skills, match them to the job description;
- Add keywords present in the job advert to pass ATS;
- Don’t forget to list transferable skills such as communication, teamwork, work ethic, and presentation skills.
Top skills for your revenue cycle manager resume
SQL
Microsoft office
Tableau
Salesforce
Jira
Google Analytics
Project Management
Time Management
Interpersonal Communication
Decisiveness
Delegation
Patience
Creativity
Self-motivation
PRO TIP
Don’t feel obliged to spend a separate section for your soft skills - you can weave them throughout your job experience or career summary. But, don’t just write empty words - back them with examples.
Revenue cycle manager resume header: tips, red flags, and best practices
Checklist for your revenue cycle manager resume header
- Your name and surname in a legible and larger resume font
- The job title you’re applying for or your current job title as a subheading to your name
- Link to your portfolio or online profile, such as LinkedIn
- Address (City and State for the US; just your city for rest of the world)
- Email address
- Headshot (required or welcomed in the EU; not required and sometimes frowned upon in the US)
Stick to popular email providers such as Gmail or Outlook. And use these professional formats to create your username:
- first.last@gmail.com
- last.first@gmail.com
- firstlast@gmail.com
- f.last@gmail.com
- first.l@gmail.com
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PRO TIP
Some companies, states, and countries have non-discrimination policies about what kind of information can be included on your Revenue Cycle Manager resume. This might include a photo (which is often included in a resume header and might be on personal web pages you link to). You can always email the company’s HR department to ask about their policies before you apply.
Revenue cycle manager resume summary: things to include and things to avoid
Job-winning revenue cycle manager resume summary checklist:
- Mention your total years of experience in the field;
- Highlight one or two of your top achievements;
- Avoid getting into too much detail – you’ll do that in the experience section;
- Focus on short sentences that are easy to read and add value to your application.
Resume summary formula:
PRO TIP
Read the job description carefully and understand what the hiring company is exactly looking for. After that, write your summary accordingly while highlighting your potential and ability to be the best at that job.
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Highlighting education, courses and certifications in your revenue cycle manager resume.
Education section checklist:
- What? Where? What’s the result? Answer these questions when mentioning education and courses on your resume;
- Give preference to courses and degrees that are relevant to the job position;
- Be honest! Some recruiters love checking with colleges and universities to see if you’ve really been enrolled in them;
- Share more about certifications that have helped you turn into a professional, and mention the bodies that have issued them.
Top certifications for your revenue cycle manager resume
Revenue Cycle and Healthcare Finance - Rev Cycle Ready
Develop a Major Competitive Advantage By Learning Big Data Analysis in: Denials, RVUs, Write-Offs, and the Revenue Cycle
Learn Revenue Cycle Management
Upskill your domain knowledge on Revenue Cycle Management / Order to Cash Management.
The Project Management Course: Beginner to PROject Manager
The Complete Course for becoming a Successful Project Manager
Great Product Manager: Product Management by Microsoft's PM
Become a Great Product Manager! Land your dream job with Microsoft's Senior Product Manager. Free CV review included!
Hotel Management - Revenue Management for Beginners | Basics
Hotel Revenue Management | Concepts of Yield Management | Market Segmentation | Pricing Strategies | Tools | Indices |
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PRO TIP
There are dozens of certifications that you can claim as a Revenue Cycle Manager. But, some are more effective than others. That’s why you mustn’t include every certificate other applicants might have. Try instead to earn and list a few of the difficult ones.
Revenue cycle manager resume format 101
If a couple of years ago Revenue Cycle Manager resumes could be text files with no graphic elements, today’s recruiters need a bit more to remember you.
And yet, you can still choose between three basic resume formats:
- Reverse-chronological resume format;
- Functional skills-based resume format;
- Combination (or Hybrid) resume format.
But when it comes to choosing the right format for your Revenue Cycle Manager resume, there are two factors to keep in mind: your experience and whether you’re looking for an industry change.
The reverse-chronological format is the most common one. That being said, it gives recruiters exactly what they’re used to in terms of order and information. However, it’s not suitable for applicants with employment gaps or not enough experience.
We at Enhancv suggest the functional skills-based resume format for people with limited work experience who find reverse-chronological resumes irrelevant. This format showcases the applicant’s most significant accomplishments, skills, and strengths.
Don’t miss our resume format checklist:
- Go for a traditional easy-to-read resume font sized 10-12p;
- Don’t risk it: choose standard 1-inch resume margins;
- Make sure your Revenue Cycle Manager resume fits in one to two pages;
- Save your resume in PDF to avoid having it edited by someone else.
Looking for more tips? Check out our job-winning guide for crafting a resume that gets you remembered!
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PRO TIP
Test your draft Revenue Cycle Manager resume by sending it out to peers and mentors in your circles. Ask them to review it as if they are hiring you for a project and implement the feedback afterwards.
Other sections for your revenue cycle manager resume
If the position you’re applying for allows for that, you can include some non-traditional sections in your resume. This will add a bit more depth to your application and will also give the hiring manager a better idea of who you are as a person.
Some ideas include:
A revenue cycle manager resume recruiters would love
You’ve drafted an amazing Revenue Cycle Manager resume, but are still not sure whether it will make a strong first impression? After all, recruiters go over tens of resumes each day, right?
Right! And the recipe for getting their attention includes a dash of creativity.
What’s more, a creative resume is perfect for adding your personality to the mix. For example, you could mention your favorite books, quotes, movies, or even what your day usually looks like.
Regardless of what you choose, make sure your levels of creativity match the industry, the company, and the position. Otherwise, your resume might look silly and inapt.
What makes a great revenue cycle manager resume: key takeaways
- Choose a resume layout that sends the right message across and fits your current career situation;
- Create a resume header that shows your desired job title, and easy to find contact numbers;
- Be specific about your experience, accomplishments and future goals in your summary;
- Feature detailed metrics and specific examples that show the impact you made in your previous roles when describing your experience;
- List soft skills backed by examples;
- Add all of your technical skills and certifications that you have and match the job description;
- Show off a dash of personality in your resume that will demonstrate your culture fit and the right mix of hard and soft skills.
