How To Become A Billing/Collection Manager: What It Is and Career Path

What is a billing/collection manager and how to become one

Updated January 8, 2025

3 min read

There is more than meets the eye when it comes to being a billing/collection manager. For example, did you know that they make an average of $35.29 an hour? That's $73,393 a year! Between 2018 and 2028, the career is expected to grow 17% and produce 123,100 job opportunities across the U.S.

ScoreBilling/Collection ManagerUS Average

Salary

5.7

Avg. Salary $73,393

Avg. Salary $59,228

Stability level

9.5

Growth rate 17%

Growth rate 0.3%

Diversity

3.5

Race

American Indian and Alaska Native 0.34%

Asian 7.32%

Black or African American 7.82%

Hispanic or Latino 15.08%

Unknown 4.12%

White 65.33%

Gender

female 76.77%

male 23.23%

Age - 46

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 46

Stress level

9.5

Stress level is very high

7.1 - high

Complexity level

9.2

Complexity level is advanced

7 - challenging

Work life balance

4.9

Work life balance is fair

6.4 - fair

Key steps to become a billing/collection manager

Explore billing/collection manager education requirements

Most common billing/collection manager degrees

Bachelor's

48.4 %

Associate

21.9 %

High School Diploma

11.5 %

Start to develop specific billing/collection manager skills

Skills	Percentages
Patients	10.55%
Billing Procedures	8.55%
Financial Reports	5.64%
Medicaid	5.27%
Revenue Cycle	4.26%

Complete relevant billing/collection manager training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New billing/collection managers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a billing/collection manager based on U.S. Bureau of Labor Statistics data and data from real billing/collection manager resumes.

Research billing/collection manager duties and responsibilities

Manage point-of-service collection functions to improve customer service and increase revenue for clinic and surgery centers.
Conduct Medicaid, Medicare, and third-party insurance verification and billing; handle elevated calls.
Assess physician's dictations to assign appropriate ICD-9 and CPT code input onto daily charge sheets.
Review ICD-9 code on all reject claims.

Prepare your billing/collection manager resume

When your background is strong enough, you can start writing your billing/collection manager resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a billing/collection manager resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable billing/collection manager resume templates

Build a professional billing/collection manager resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your billing/collection manager resume.