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The differences between account specialists and revenue specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an account specialist, becoming a revenue specialist takes usually requires 1-2 years. Additionally, a revenue specialist has an average salary of $44,779, which is higher than the $42,586 average annual salary of an account specialist.
The top three skills for an account specialist include customer service, patients and account management. The most important skills for a revenue specialist are patients, revenue cycle, and CPT.
| Account Specialist | Revenue Specialist | |
| Yearly salary | $42,586 | $44,779 |
| Hourly rate | $20.47 | $21.53 |
| Growth rate | -8% | -7% |
| Number of jobs | 116,010 | 28,763 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 52% |
| Average age | 46 | 48 |
| Years of experience | 12 | 2 |
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.
A revenue specialist is in charge of overseeing and processing payments for their company, ensuring accuracy and timeliness. Their responsibilities revolve around reviewing invoices and insurance claims, monitoring tax deductions and expenses, liaising with external parties, collecting payments, producing progress and revenue reports, and maintaining records of all transactions. Furthermore, as a revenue specialist, it is essential to devise strategies for managing revenues, all while upholding the company's policies and regulations, including its vision and mission.
Account specialists and revenue specialists have different pay scales, as shown below.
| Account Specialist | Revenue Specialist | |
| Average salary | $42,586 | $44,779 |
| Salary range | Between $28,000 And $62,000 | Between $28,000 And $71,000 |
| Highest paying City | Washington, DC | Camden, NJ |
| Highest paying state | Virginia | New Jersey |
| Best paying company | Microsoft | McKinsey & Company Inc |
| Best paying industry | Finance | Manufacturing |
There are a few differences between an account specialist and a revenue specialist in terms of educational background:
| Account Specialist | Revenue Specialist | |
| Most common degree | Bachelor's Degree, 54% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | - | University of Southern California |
Here are the differences between account specialists' and revenue specialists' demographics:
| Account Specialist | Revenue Specialist | |
| Average age | 46 | 48 |
| Gender ratio | Male, 32.2% Female, 67.8% | Male, 24.3% Female, 75.7% |
| Race ratio | 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% | Black or African American, 12.9% Unknown, 3.2% Hispanic or Latino, 16.2% Asian, 9.9% White, 57.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 8% |