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How to hire a revenue specialist

Revenue specialist hiring summary. Here are some key points about hiring revenue specialists in the United States:

  • There are currently 7,450 revenue specialists in the US, as well as 28,763 job openings.
  • Revenue specialists are in the highest demand in Rockledge, FL, with 10 current job openings.
  • The median cost to hire a revenue specialist is $1,633.
  • It takes between 36 and 42 days to fill the average role in the US.
  • Human Resources use 15% of their expenses on recruitment on average.
  • On average, it takes around 12 weeks for a new revenue specialist to become settled and show total productivity levels at work.

How to hire a revenue specialist, step by step

To hire a revenue specialist, you need to identify the specific skills and experience you want in a candidate, allocate a budget for the position, and advertise the job opening to attract potential candidates. To hire a revenue specialist, you should follow these steps:

Here's a step-by-step revenue specialist hiring guide:

  • Step 1: Identify your hiring needs
  • Step 2: Create an ideal candidate profile
  • Step 3: Make a budget
  • Step 4: Write a revenue specialist job description
  • Step 5: Post your job
  • Step 6: Interview candidates
  • Step 7: Send a job offer and onboard your new revenue specialist
  • Step 8: Go through the hiring process checklist

What does a revenue specialist do?

A revenue specialist is in charge of overseeing and processing payments for their company, ensuring accuracy and timeliness. Their responsibilities revolve around reviewing invoices and insurance claims, monitoring tax deductions and expenses, liaising with external parties, collecting payments, producing progress and revenue reports, and maintaining records of all transactions. Furthermore, as a revenue specialist, it is essential to devise strategies for managing revenues, all while upholding the company's policies and regulations, including its vision and mission.

Learn more about the specifics of what a revenue specialist does
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  1. Identify your hiring needs

    Before you start hiring a revenue specialist, identify what type of worker you actually need. Certain positions might call for a full-time employee, while others can be done by a part-time worker or contractor.

    Determine employee vs contractor status
    Is the person you're thinking of hiring a US citizen or green card holder?

    You should also consider the ideal background you'd like them a revenue specialist to have before you start to hire. For example, what industry or field would you like them to have experience in, what level of seniority or education does the job require, and how much it'll cost to hire a revenue specialist that fits the bill.

    This list presents revenue specialist salaries for various positions.

    Type of Revenue SpecialistDescriptionHourly rate
    Revenue SpecialistTax examiners and collectors, and revenue agents ensure that federal, state, and local governments get their tax money from businesses and citizens. They review tax returns, conduct audits, identify taxes owed, and collect overdue tax payments.$13-34
    Billing RepresentativeA billing representative assists with the overall operations of the organization's billing department. Billing representatives post payments timely on the database, update account statements, generate financial reports, release invoices, and resolve account discrepancies... Show more$13-20
    Tax Compliance OfficerA Tax Compliance Officer works for the IRS. This office primarily focuses on whether businesses and individual are making their necessary tax payments... Show more$15-34
  2. Create an ideal candidate profile

    Common skills:
    • Patients
    • Revenue Cycle
    • CPT
    • Data Entry
    • Medical Terminology
    • Medicaid
    • Medical Billing
    • HCPCS
    • Patient Accounts
    • HIPAA
    • Insurance Verification
    • Home Health
    • Appeals
    • Management System
    Check all skills
    Responsibilities:
    • Process account receivables, charge entry, claims, and reimbursement in adherence to Medicare and all HMO guidelines.
    • Establish a strong understanding of ICD-9 diagnosis and medical inventory codes.
    • Work claim edits to ensure clean claim billing to Medicare/Medicare HMO's.
    • Review the complex medical records and accurately codes primary/secondary diagnoses and procedures using ICD-10-CM and CPT coding conventions.
    • Initiate appeals and ensure required documentation are submitted in the appeals process.
    • Complete appeals when authorization are not obtain and or unusual procedure are performed.
    More revenue specialist duties
  3. Make a budget

    Including a salary range in your revenue specialist job description helps attract top candidates to the position. A revenue specialist salary can be affected by several factors, such as geography, experience, seniority, certifications, and the prestige of the hiring company.

    For example, the average salary for a revenue specialist in Montana may be lower than in New Jersey, and an entry-level revenue specialist usually earns less than a senior-level revenue specialist. Additionally, a revenue specialist with certifications may command a higher salary, and working for a well-known company or start-up may also impact an employee's pay.

    Average revenue specialist salary

    $44,779yearly

    $21.53 hourly rate

    Entry-level revenue specialist salary
    $28,000 yearly salary
    Updated January 20, 2026

    Average revenue specialist salary by state

    RankStateAvg. salaryHourly rate
    1New Jersey$75,601$36
    2New York$66,351$32
    3Massachusetts$65,658$32
    4Connecticut$60,076$29
    5Virginia$59,456$29
    6California$59,222$28
    7District of Columbia$59,049$28
    8Pennsylvania$55,533$27
    9Georgia$54,880$26
    10Illinois$52,299$25
    11Maryland$51,811$25
    12Minnesota$48,791$23
    13Texas$44,035$21
    14Colorado$42,808$21
    15Tennessee$39,479$19
    16Arizona$39,215$19
    17Oregon$38,535$19
    18Iowa$38,327$18
    19Kansas$35,986$17
    20Florida$35,329$17

    Average revenue specialist salary by company

    RankCompanyAverage salaryHourly rateJob openings
    1McKinsey & Company Inc$113,724$54.6725
    2SAS Institute$92,920$44.67
    3Amadeus North America, Inc.$91,515$44.00
    4Itron$87,483$42.063
    5HP$87,087$41.87
    6Accenture$85,590$41.1582
    7Beth Israel Deaconess Medical Center$76,288$36.68
    8inCode$68,135$32.76
    9Mount Auburn Hospital$64,564$31.04
    10Mohawk Valley Health System$62,919$30.25
    11EmblemHealth$60,212$28.951
    12The University of Chicago$57,219$27.51
    13Verisk Analytics$56,564$27.19
    14YRC Freight$56,313$27.07
    15Informa Plc$51,645$24.831
    16Kroll$50,896$24.47
    17Catholic Health East$50,158$24.11
    18CorVel$48,904$23.514
    19Danone Sverige$48,681$23.40
    20Scottish Rite for Children$46,977$22.59
  4. Writing a revenue specialist job description

    A job description for a revenue specialist role includes a summary of the job's main responsibilities, required skills, and preferred background experience. Including a salary range can also go a long way in attracting more candidates to apply, and showing the first name of the hiring manager can also make applicants more comfortable. As an example, here's a revenue specialist job description:

    Revenue specialist job description example

    • Job Type/FTE: 1.00 FTE
    • Shift: Days Monday-Friday (No Weekends) 8am-5:00pm
    • Unit/Department:Ambulatory Revenue Capture
    • Location: UCM/Hyde Park Campus when required to come onsite
    • CBA Code: Non-Union

    Must comply with UCMC's COVID-19 Vaccination requirement as a condition of employment. If you have already received the vaccination, you must provide proof as part of the pre-employment process. This is in addition to your compliance with the Flu Vaccination requirement as well. Medical and religious exemptions will be considered consistent with applicable law. Lastly, a pre-employment physical, drug screening, and background check are also required for all employees prior to hire.

    Why Join Us

    We've been at the forefront of medicine since 1899. We provide superior healthcare with compassion, always mindful that each patient is a person, an individual. To accomplish this, we need employees with passion, talent and commitment… with patients and with each other. We're in this together: working to advance medical innovation, serve the health needs of the community, and move our collective knowledge forward. If you'd like to add enriching human life to your profile, The University of Chicago Medicine is for you. Here at the forefront, we're doing work that really matters. Join us. Bring your passion.

    ________

    Bring your career to the next level at a hospital that is thriving; from patient satisfaction to employee engagement, we are at the Forefront of Medicine. Take advantage of all we have to offer and #BringYourPassiontotheForefront.

    University of Chicago Medicine is growing; discover how you can be a part of this pursuit of excellence at: www.uchospitals.edu/jobs

    The University of Chicago Medical Center is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, ethnicity, ancestry, sex, sexual orientation, gender identity, marital status, civil union status, parental status, religion, national origin, age, disability, veteran status and other legally protected characteristics.

    Not ready to apply? Connect with us for general consideration.
  5. Post your job

    There are a few common ways to find revenue specialists for your business:

    • Promoting internally or recruiting from your existing workforce.
    • Ask for referrals from friends, family members, and current employees.
    • Attend job fairs at local colleges to meet candidates with the right educational background.
    • Use social media platforms like LinkedIn, Facebook, and Twitter to recruit passive job-seekers.
    Post your job online:
    • Post your revenue specialist job on Zippia to find and recruit revenue specialist candidates who meet your exact specifications.
    • Use field-specific websites.
    • Post a job on free websites.
  6. Interview candidates

    To successfully recruit revenue specialists, your first interview needs to engage with candidates to learn about their interest in the role and experience in the field. You can go into more detail about the company, the role, and the responsibilities during follow-up interviews.

    You should also ask about candidates' unique skills and talents to see if they match the ideal candidate profile you developed earlier. Candidates good enough for the next step can complete the technical interview.

    The right interview questions can help you assess a candidate's hard skills, behavioral intelligence, and soft skills.

  7. Send a job offer and onboard your new revenue specialist

    Once you've found the revenue specialist candidate you'd like to hire, it's time to write an offer letter. This should include an explicit job offer that includes the salary and the details of any other perks. Qualified candidates might be looking at multiple positions, so your offer must be competitive if you like the candidate. Also, be prepared for a negotiation stage, as candidates may way want to tweak the details of your initial offer. Once you've settled on these details, you can draft a contract to formalize your agreement.

    It's also good etiquette to follow up with applicants who don't get the job by sending them an email letting them know that the position has been filled.

    Once that's done, you can draft an onboarding schedule for the new revenue specialist. Human Resources should complete Employee Action Forms and ensure that onboarding paperwork is completed, including I-9s, benefits enrollment, federal and state tax forms, etc. They should also ensure that new employee files are created for internal recordkeeping.

  8. Go through the hiring process checklist

    • Determine employee type (full-time, part-time, contractor, etc.)
    • Submit a job requisition form to the HR department
    • Define job responsibilities and requirements
    • Establish budget and timeline
    • Determine hiring decision makers for the role
    • Write job description
    • Post job on job boards, company website, etc.
    • Promote the job internally
    • Process applications through applicant tracking system
    • Review resumes and cover letters
    • Shortlist candidates for screening
    • Hold phone/virtual interview screening with first round of candidates
    • Conduct in-person interviews with top candidates from first round
    • Score candidates based on weighted criteria (e.g., experience, education, background, cultural fit, skill set, etc.)
    • Conduct background checks on top candidates
    • Check references of top candidates
    • Consult with HR and hiring decision makers on job offer specifics
    • Extend offer to top candidate(s)
    • Receive formal job offer acceptance and signed employment contract
    • Inform other candidates that the position has been filled
    • Set and communicate onboarding schedule to new hire(s)
    • Complete new hire paperwork (i9, benefits enrollment, tax forms, etc.)
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How much does it cost to hire a revenue specialist?

Recruiting revenue specialists involves both the one-time costs of hiring and the ongoing costs of adding a new employee to your team. Your spending during the hiring process will mostly be on things like promoting the job on job boards, reviewing and interviewing candidates, and onboarding the new hire. Ongoing costs will obviously involve the employee's salary, but also may include things like benefits.

You can expect to pay around $44,779 per year for a revenue specialist, as this is the median yearly salary nationally. This can vary depending on what state or city you're hiring in. If you're hiring for contract work or on a per-project basis, hourly rates for revenue specialists in the US typically range between $13 and $34 an hour.

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