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The differences between account resolution specialists and medical 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 resolution specialist and a medical collector. Additionally, a medical collector has an average salary of $36,235, 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 a medical collector are patients, healthcare, and customer service.
| Account Resolution Specialist | Medical Collector | |
| Yearly salary | $35,602 | $36,235 |
| Hourly rate | $17.12 | $17.42 |
| Growth rate | -8% | -8% |
| Number of jobs | 87,713 | 73,797 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 39% | Bachelor's Degree, 24% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
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.
A medical collector deals with collection of bills related to medical services. They handle healthcare-related debt, collect patient insurance information, and develop repayment plans to accommodate debtors that are unable to settle their accounts. Qualifications for this position include knowledge of accounting and training in insurance, business or finance.
Account resolution specialists and medical collectors have different pay scales, as shown below.
| Account Resolution Specialist | Medical Collector | |
| Average salary | $35,602 | $36,235 |
| Salary range | Between $29,000 And $43,000 | Between $30,000 And $42,000 |
| Highest paying City | Hartford, CT | Arlington Heights, IL |
| Highest paying state | Connecticut | Illinois |
| Best paying company | American Express | Addison Group |
| Best paying industry | Finance | Finance |
There are a few differences between an account resolution specialist and a medical collector in terms of educational background:
| Account Resolution Specialist | Medical Collector | |
| Most common degree | Bachelor's Degree, 39% | Bachelor's Degree, 24% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between account resolution specialists' and medical collectors' demographics:
| Account Resolution Specialist | Medical Collector | |
| Average age | 46 | 46 |
| Gender ratio | Male, 32.4% Female, 67.6% | Male, 18.0% Female, 82.0% |
| Race ratio | Black 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, 13.6% Unknown, 3.9% Hispanic or Latino, 22.6% Asian, 3.3% White, 56.1% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |