Time to fill senior-level revenue cycle roles exceeds 6 months

The cost of recruitment and time to fill senior-level revenue cycle roles takes more than six months, but even filling entry-level roles takes time, according to a survey of 514 hospital and health system CFOs and revenue cycle leaders.

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The survey, published Jan. 26, was commissioned by healthcare operations provider AKASA between Sept. 30, 2021, and Oct. 17, 2021.

Three key findings:

1. For an entry-level revenue cycle position, it costs on average $2,167 for recruitment and takes 84 days to fill an open role.

2. For midlevel revenue cycle jobs, defined as those requiring six to 10 years of experience, it costs $3,581 for recruitment and takes 153 days to fill vacant roles.

3. For senior-level revenue cycle jobs, those requiring more than 10 years of experience, it costs $5,699 for recruitment and takes 207 days to fill vacant roles. 

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