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Associate specialist vs revenue specialist

The differences between associate specialists and revenue specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, an associate specialist has an average salary of $93,288, which is higher than the $44,779 average annual salary of a revenue specialist.

The top three skills for an associate specialist include windows, product knowledge and phone calls. The most important skills for a revenue specialist are patients, revenue cycle, and CPT.

Associate specialist vs revenue specialist overview

Associate SpecialistRevenue Specialist
Yearly salary$93,288$44,779
Hourly rate$44.85$21.53
Growth rate--7%
Number of jobs237,26728,763
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 52%
Average age4148
Years of experience-2

What does an associate specialist do?

An associate specialist's responsibilities will vary on their line of work or industry of employment. In the medical field, an assistant specialist performs tasks to support a senior specialist, such as maintaining medical records and data, devising strategies to improve services and care plans, and monitoring patients' vital signs and daily progress. There are also instances when an associate specialist must provide health care advice to patients and their families. Should the patient show signs of unusual behavior, it is crucial to report to the physician immediately.

What does a revenue specialist do?

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.

Associate specialist vs revenue specialist salary

Associate specialists and revenue specialists have different pay scales, as shown below.

Associate SpecialistRevenue Specialist
Average salary$93,288$44,779
Salary rangeBetween $64,000 And $135,000Between $28,000 And $71,000
Highest paying CityUrban Honolulu, HICamden, NJ
Highest paying stateHawaiiNew Jersey
Best paying companyUniversity of Hawaii FoundationMcKinsey & Company Inc
Best paying industryTechnologyManufacturing

Differences between associate specialist and revenue specialist education

There are a few differences between an associate specialist and a revenue specialist in terms of educational background:

Associate SpecialistRevenue Specialist
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 52%
Most common majorBusinessBusiness
Most common college-University of Southern California

Associate specialist vs revenue specialist demographics

Here are the differences between associate specialists' and revenue specialists' demographics:

Associate SpecialistRevenue Specialist
Average age4148
Gender ratioMale, 40.9% Female, 59.1%Male, 24.3% Female, 75.7%
Race ratioBlack or African American, 10.2% Unknown, 5.3% Hispanic or Latino, 18.8% Asian, 8.3% White, 56.8% American Indian and Alaska Native, 0.6%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 Percentage7%8%

Differences between associate specialist and revenue specialist duties and responsibilities

Associate specialist example responsibilities.

  • Manage FDA regulate products requirements for ISO2000 quality assurance.
  • Manage coordination, implementation and installation of next generation telemarketing system, an nt-base, client server environment.
  • Implement SharePoint business practices for 10k end users.
  • Organize an update data find in CRM system.
  • Generate daily client correspondence as well as special CRM promotional letters.
  • Install new motors and run new conduit for new installs and repairs.
  • Show more

Revenue specialist example responsibilities.

  • Process account receivables, charge entry, claims, and reimbursement in adherence to Medicare and all HMO guidelines.
  • Establish a strong understanding of ICD-9 diagnosis and medical inventory codes.
  • Work claim edits to ensure clean claim billing to Medicare/Medicare HMO's.
  • Review the complex medical records and accurately codes primary/secondary diagnoses and procedures using ICD-10-CM and CPT coding conventions.
  • Initiate appeals and ensure required documentation are submitted in the appeals process.
  • Complete appeals when authorization are not obtain and or unusual procedure are performed.
  • Show more

Associate specialist vs revenue specialist skills

Common associate specialist skills
  • Windows, 47%
  • Product Knowledge, 44%
  • Phone Calls, 1%
  • HR, 1%
  • Customer Service, 1%
  • Sales Floor, 0%
Common revenue specialist skills
  • Patients, 17%
  • Revenue Cycle, 13%
  • CPT, 6%
  • Data Entry, 5%
  • Medical Terminology, 5%
  • Medicaid, 5%