Account adjuster vs bill collector

The differences between account adjusters and bill collectors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both an account adjuster and a bill collector. Additionally, an account adjuster has an average salary of $40,969, which is higher than the $35,585 average annual salary of a bill collector.

The top three skills for an account adjuster include customer service, patient accounts and delinquent accounts. The most important skills for a bill collector are patients, customer service, and medicaid.

Account adjuster vs bill collector overview

	Account Adjuster	Bill Collector
Yearly salary	$40,969	$35,585
Hourly rate	$19.70	$17.11
Growth rate	-8%	-8%
Number of jobs	61,766	23,746
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 49%	High School Diploma, 27%
Average age	46	46
Years of experience	12	12

Account adjuster vs bill collector salary

Account adjusters and bill collectors have different pay scales, as shown below.

	Account Adjuster	Bill Collector
Average salary	$40,969	$35,585
Salary range	Between $24,000 And $68,000	Between $30,000 And $40,000
Highest paying City	-	Pittsfield, MA
Highest paying state	-	Virginia
Best paying company	-	Retina Group Of Washington
Best paying industry	-	Finance

Differences between account adjuster and bill collector education

There are a few differences between an account adjuster and a bill collector in terms of educational background:

	Account Adjuster	Bill Collector
Most common degree	Bachelor's Degree, 49%	High School Diploma, 27%
Most common major	Business	Business
Most common college	-	-

Account adjuster vs bill collector demographics

Here are the differences between account adjusters' and bill collectors' demographics:

	Account Adjuster	Bill Collector
Average age	46	46
Gender ratio	Male, 38.9% Female, 61.1%	Male, 20.0% Female, 80.0%
Race ratio	Black or African American, 11.8% Unknown, 4.1% Hispanic or Latino, 19.3% Asian, 4.1% White, 60.2% American Indian and Alaska Native, 0.5%	Black or African American, 11.8% Unknown, 4.0% Hispanic or Latino, 24.0% Asian, 3.5% White, 56.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between account adjuster and bill collector duties and responsibilities

Account adjuster example responsibilities.

Manage and maintain an internal database system to generate reports and produce accurate account information for patients and insurance companies.
Provide assistance regards to trouble shooting, account status, miss invoice and account reconciliation.
Resolve all invoice and sales order processing issues that relate in amounts due to/from all customers.
Determine presumptive Medicare and/or Medicaid eligibility.
Used ACCURINT software to maintain and update files.
Search Lexus/Nexus Accurint database to locate customer.

Bill collector example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Follow HIPPA and FDCPA guidelines to ensure legal collection practices are utilized.
Bill and collect all skil Medicare, and other insurance claims which include HMO claims denials.
Provide patients with information and resources essential to their financial needs including payment arrangements and account reminders.
Take payments by ACH and debit cards.
Collect A/R payments from medical insurance companies and customers.

Account adjuster vs bill collector skills

Common account adjuster skills

Customer Service, 16%
Patient Accounts, 13%
Delinquent Accounts, 9%
Payment Arrangements, 8%
Inbound Calls, 6%
Credit Reports, 6%

Common bill collector skills

Patients, 19%
Customer Service, 7%
Medicaid, 6%
Medical Billing, 4%
Patient Accounts, 4%
Appeals, 4%