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The differences between billing managers and patient account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a billing manager and a patient account manager. Additionally, a billing manager has an average salary of $77,507, which is higher than the $70,777 average annual salary of a patient account manager.
The top three skills for a billing manager include patients, customer service and billing procedures. The most important skills for a patient account manager are patients, customer service, and patient accounts.
| Billing Manager | Patient Account Manager | |
| Yearly salary | $77,507 | $70,777 |
| Hourly rate | $37.26 | $34.03 |
| Growth rate | 17% | 28% |
| Number of jobs | 38,709 | 152,009 |
| Job satisfaction | 3 | - |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A billing manager is in charge of overseeing the systems and processes concerned with billing in a company. One of their primary duties is to handle the receivable accounts to ensure smooth cash flow, assess the validity of bills, provide corrective measures when necessary, supervise the workforce's performance, and solve issues raised by staff. As a billing manager, it is essential to implement all policies and regulations while leading and encouraging the team in their joint effort to reach targets and deadlines.
A patient account manager is responsible for supervising patient accounts, processing claims and payments, and resolving insurance discrepancies. Patient account managers coordinate with insurance companies to verify claims records and update patients' information in the database. They also handle the budget for the department and join the senior management in strategizing techniques to improve account operations and processes. A patient account manager must have excellent organizational and leadership skills, especially in managing disputes and assisting the patient account representatives with their inquiries and concerns.
Billing managers and patient account managers have different pay scales, as shown below.
| Billing Manager | Patient Account Manager | |
| Average salary | $77,507 | $70,777 |
| Salary range | Between $52,000 And $114,000 | Between $42,000 And $117,000 |
| Highest paying City | San Jose, CA | - |
| Highest paying state | New Jersey | - |
| Best paying company | - | |
| Best paying industry | Utilities | - |
There are a few differences between a billing manager and a patient account manager in terms of educational background:
| Billing Manager | Patient Account Manager | |
| Most common degree | Bachelor's Degree, 46% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | California State University - Bakersfield | University of Pennsylvania |
Here are the differences between billing managers' and patient account managers' demographics:
| Billing Manager | Patient Account Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 17.7% Female, 82.3% | Male, 20.2% Female, 79.8% |
| Race ratio | Black or African American, 10.6% Unknown, 4.8% Hispanic or Latino, 18.0% Asian, 5.8% White, 60.0% American Indian and Alaska Native, 0.7% | Black or African American, 11.9% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 7.1% White, 61.1% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 8% | 12% |