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The differences between billing administrators and collections coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a billing administrator, becoming a collections coordinator takes usually requires 6-12 months. Additionally, a billing administrator has an average salary of $39,442, which is higher than the $37,938 average annual salary of a collections coordinator.
The top three skills for a billing administrator include data entry, patients and billing issues. The most important skills for a collections coordinator are customer service, patients, and phone calls.
| Billing Administrator | Collections Coordinator | |
| Yearly salary | $39,442 | $37,938 |
| Hourly rate | $18.96 | $18.24 |
| Growth rate | -3% | -8% |
| Number of jobs | 71,952 | 40,113 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 47% | Bachelor's Degree, 48% |
| Average age | 46 | 46 |
| Years of experience | 2 | 12 |
A billing administrator is primarily in charge of managing the billing and collection procedures of a company. They mostly handle administrative tasks such as gathering and organizing patient information, preparing billing data and invoices, maintaining and updating databases, and keeping an eye for any errors and inconsistencies, taking corrective measures right away. In some industries, a billing administrator must coordinate and submit receipts to insurance companies, answer client inquiries, discuss products and services, and produce regular reports. Moreover, as a billing administrator, it is essential to maintain a clear line of communication with staff for an efficient workflow.
Usually working alongside a company's account receivables team, a collections coordinator is in charge of developing strategies to optimize the payment collection operations. Among their responsibilities include reaching out to clients through calls or correspondence to remind them of their payment obligations, arranging appointments, processing payments, arranging payment terms, and researching a client's communication information such as cellphone number, address, or email. Moreover, a collections coordinator must maintain an active communication line with staff while promoting and enforcing the company's policies and regulations.
Billing administrators and collections coordinators have different pay scales, as shown below.
| Billing Administrator | Collections Coordinator | |
| Average salary | $39,442 | $37,938 |
| Salary range | Between $30,000 And $51,000 | Between $30,000 And $47,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | New Jersey | Connecticut |
| Best paying company | Buckley King | University of California, Berkeley |
| Best paying industry | Construction | Professional |
There are a few differences between a billing administrator and a collections coordinator in terms of educational background:
| Billing Administrator | Collections Coordinator | |
| Most common degree | Bachelor's Degree, 47% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between billing administrators' and collections coordinators' demographics:
| Billing Administrator | Collections Coordinator | |
| Average age | 46 | 46 |
| Gender ratio | Male, 16.7% Female, 83.3% | Male, 26.6% Female, 73.4% |
| Race ratio | Black or African American, 10.5% Unknown, 4.3% Hispanic or Latino, 21.1% Asian, 7.2% White, 55.9% American Indian and Alaska Native, 0.9% | Black or African American, 12.1% Unknown, 4.1% Hispanic or Latino, 20.8% Asian, 3.6% White, 59.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 8% |