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Account resolution specialist vs account specialist

The differences between account resolution specialists and account specialists 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 resolution specialist and an account specialist. Additionally, an account specialist has an average salary of $42,586, which is higher than the $35,602 average annual salary of an account resolution specialist.

The top three skills for an account resolution specialist include account resolution, outbound calls and inbound calls. The most important skills for an account specialist are customer service, patients, and account management.

Account resolution specialist vs account specialist overview

Account Resolution SpecialistAccount Specialist
Yearly salary$35,602$42,586
Hourly rate$17.12$20.47
Growth rate-8%-8%
Number of jobs87,713116,010
Job satisfaction--
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 54%
Average age4646
Years of experience1212

What does an account resolution specialist do?

An account resolutions specialist works at a company's accounting department, where they are in charge of overseeing account receivables to ensure client compliance. Their responsibilities usually include conducting research and analysis, assessing client accounts and credit histories, coordinating with managers and collection agents, and monitoring delinquent accounts. They may also directly communicate with clients to follow-up on invoices, process payments, or even arrange new payment plans while adhering to the company's policies and regulations. Moreover, they must maintain records of all transactions and present regular reports to managers.

What does an account specialist do?

An account specialist is responsible for reaching out to customers or potential clients through calls, emails, and other forms of correspondence to secure sales and strengthen business relations. An account specialist may also perform other tasks such as arranging appointment schedules with clients, providing price quotes and responding to further inquiries, process orders, generating sales leads, and handling complaints and resolving issues. Furthermore, an account specialist may also be involved in developing strategies, finding new opportunities, producing and completing necessary documents, and preparing reports, all in adherence to the company's policies and regulations.

Account resolution specialist vs account specialist salary

Account resolution specialists and account specialists have different pay scales, as shown below.

Account Resolution SpecialistAccount Specialist
Average salary$35,602$42,586
Salary rangeBetween $29,000 And $43,000Between $28,000 And $62,000
Highest paying CityHartford, CTWashington, DC
Highest paying stateConnecticutVirginia
Best paying companyAmerican ExpressMicrosoft
Best paying industryFinanceFinance

Differences between account resolution specialist and account specialist education

There are a few differences between an account resolution specialist and an account specialist in terms of educational background:

Account Resolution SpecialistAccount Specialist
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common college--

Account resolution specialist vs account specialist demographics

Here are the differences between account resolution specialists' and account specialists' demographics:

Account Resolution SpecialistAccount Specialist
Average age4646
Gender ratioMale, 32.4% Female, 67.6%Male, 32.2% Female, 67.8%
Race ratioBlack or African American, 12.5% Unknown, 4.1% Hispanic or Latino, 18.9% Asian, 3.7% White, 60.4% American Indian and Alaska Native, 0.5%Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between account resolution specialist and account specialist duties and responsibilities

Account resolution specialist example responsibilities.

  • Manage accounts for healthcare clients, review detailed patient information for payment resolution while abiding HIPPA privacy and security regulations.
  • Research and resolve complex customer accounts while adhering to department policies and procedures, as well as FDCPA guidelines.
  • Resolve outstanding patient accounts by an integrate team dynamic with office administrators, insurance companies and patients.
  • Insure office practices are in compliance with HIPAA regulations.
  • Review and correction of diagnosis codes, CPT codes and modifiers.
  • Advise clients/debtors of necessary actions and strategies for debt repayment while using FDCPA and other government regulations.
  • Show more

Account specialist example responsibilities.

  • Cultivate productive long-term relationships with all assign accounts, and manage all reporting and presentation needs for RFP's.
  • Manage a portfolio of accounts end to end RFP program execution inclusive of pricing, contracting, process and technology solutions.
  • Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Deliver exceptional customer service to hospital accounts and internal sales representatives in accordance to revenue recognition policies and HIPAA regulations.
  • Experience with CMS 1500 and UB-04 claims using HCPC/CPT codes as well as NDC codes
  • Monitor CMS and real time aux codes.
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Account resolution specialist vs account specialist skills

Common account resolution specialist skills
  • Account Resolution, 17%
  • Outbound Calls, 12%
  • Inbound Calls, 10%
  • Account Balances, 10%
  • Patients, 10%
  • Federal Regulations, 8%
Common account specialist skills
  • Customer Service, 25%
  • Patients, 13%
  • Account Management, 6%
  • PowerPoint, 4%
  • Data Entry, 4%
  • Catheter, 3%

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