Revenue Cycle Analyst salary in Iceland

Average Yearly Salary of Revenue Cycle Analyst in Iceland is approximately 11,479,482 ISK (80,279 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Revenue Cycle Analyst do?

A revenue cycle analyst is responsible for managing and analyzing the financial processes within a healthcare organization. They ensure that all aspects of the revenue cycle, including billing, coding, collections, and reimbursement, are functioning efficiently and accurately. Their primary goal is to maximize revenue for the organization while minimizing financial risks. Revenue cycle analysts analyze data and generate reports to identify areas of improvement, such as reducing denials, improving cash flow, and increasing revenue capture. They collaborate with various departments, including finance, coding, and billing, to implement strategies and best practices that optimize revenue cycle performance. They also stay updated on industry regulations and changes in reimbursement policies to ensure compliance.

Skills: Revenue cycle analyst, Financial analysis, Healthcare management, Revenue optimization, Data analysis, Compliance.
Job industry: Healthcare

How much does Revenue Cycle Analyst make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Revenue Cycle Analyst a well paid job?

Yes, our data shows that Revenue Cycle Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Revenue Cycle Analyst?

High salary for Revenue Cycle Analyst would be somewhere between 12,627,430 ISK and 16,645,249 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Revenue Cycle Analyst in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 11,479,482 ISK
Estimated Monthly Salary: 956,624 ISK
Estimated Weekly Salary: 220,759 ISK per week
Estimated Hourly Salary: 5,519 ISK per hour
By working as Revenue Cycle Analyst a person can save up to 3,961 USD per month or 47,533 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Revenue Cycle Analyst

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

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Data as of 2025

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