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Business associate vs business consultant

The differences between business associates and business consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business consultant has an average salary of $87,214, which is higher than the $72,369 average annual salary of a business associate.

The top three skills for a business associate include customer service, patients and powerpoint. The most important skills for a business consultant are data analysis, project management, and strong analytical.

Business associate vs business consultant overview

Business AssociateBusiness Consultant
Yearly salary$72,369$87,214
Hourly rate$34.79$41.93
Growth rate-8%11%
Number of jobs60,886128,033
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 67%
Average age4444
Years of experience-4

What does a business associate do?

Business associates are individuals who perform certain roles and duties that involve safeguarding protected health information on behalf of a covered entity. They perform several duties that include handling and managing claims administration and processing, data processing and analysis, and ensuring quality assurance. In addition, business associates conduct market research and identify prospective clients, and develop and implement client retention plans and sales strategies. They are also responsible for identifying new business partners and opportunities.

What does a business consultant do?

A business consultant is an individual who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people. To increase revenue in business, business consultants should have experience success with the previous business owners. Business consultants must also have a bachelor's degree in business management and received years of field training.

Business associate vs business consultant salary

Business associates and business consultants have different pay scales, as shown below.

Business AssociateBusiness Consultant
Average salary$72,369$87,214
Salary rangeBetween $46,000 And $111,000Between $64,000 And $117,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaAlaska
Best paying companyThe CitadelZS
Best paying industryFinanceTechnology

Differences between business associate and business consultant education

There are a few differences between a business associate and a business consultant in terms of educational background:

Business AssociateBusiness Consultant
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityNorthwestern University

Business associate vs business consultant demographics

Here are the differences between business associates' and business consultants' demographics:

Business AssociateBusiness Consultant
Average age4444
Gender ratioMale, 38.2% Female, 61.8%Male, 62.8% Female, 37.2%
Race ratioBlack or African American, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4%Black or African American, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 13.4% White, 65.1% American Indian and Alaska Native, 0.2%
LGBT Percentage11%12%

Differences between business associate and business consultant duties and responsibilities

Business associate example responsibilities.

  • Manage company's Facebook page and advertisements.
  • Develop, implement and manage commission payroll for all associates within the telemarketing department.
  • Market the company brand via Facebook and MailChimp.
  • Maintain medical APS from doctors on a timely basis.
  • Experience with diagnosis coding including ICD-9, CPT-4 and HCPCS codes.
  • Organize, update, and maintain company CRM database in preparation for flagship migration to larger corporate-wide CRM.
  • Show more

Business consultant example responsibilities.

  • Partner with PMO and lead testing effort to ensure completeness of test data sets and to manage risk.
  • Manage requirements gathering, identify KPI s, and oversee design and architecture decisions.
  • Manage various SOX, HIPAA and PCI compliance projects from the planning stages to completion.
  • Apply the specific rules for HIPAA X12, Medicaid manage care requirements and industry best practices for transaction handling.
  • Manage external technology suppliers to assure functional operations and system architecture meet the business needs.
  • Perform successful UAT - good knowledge & experience in SDLC - SQL querying and data analysis.
  • Show more

Business associate vs business consultant skills

Common business associate skills
  • Customer Service, 15%
  • Patients, 11%
  • PowerPoint, 6%
  • SQL, 4%
  • Data Analysis, 4%
  • Phone Calls, 4%
Common business consultant skills
  • Data Analysis, 10%
  • Project Management, 9%
  • Strong Analytical, 8%
  • Analytics, 7%
  • Healthcare, 5%
  • Tableau, 5%

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