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The differences between business associates and business developers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business developer has an average salary of $101,635, 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 developer are healthcare, CRM, and customer service.
| Business Associate | Business Developer | |
| Yearly salary | $72,369 | $101,635 |
| Hourly rate | $34.79 | $48.86 |
| Growth rate | -8% | 10% |
| Number of jobs | 60,886 | 193,469 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 72% |
| Average age | 44 | 44 |
| Years of experience | - | - |
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.
A business developer specializes in conducting in-depth business analysis and crafting various strategies that would not just help a business grow, but also strengthen client base and brand awareness. One of their primary responsibilities revolves around identifying areas in need of improvement. They come up with new services that will boost customer satisfaction, examining the potential for revenue and figuring out new opportunities from trends or other pre-existing programs within the company. All of this is conducted according to the vision, mission, and policies of the organization.
Business associates and business developers have different pay scales, as shown below.
| Business Associate | Business Developer | |
| Average salary | $72,369 | $101,635 |
| Salary range | Between $46,000 And $111,000 | Between $66,000 And $156,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | The Citadel | Apple |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a business associate and a business developer in terms of educational background:
| Business Associate | Business Developer | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between business associates' and business developers' demographics:
| Business Associate | Business Developer | |
| Average age | 44 | 44 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 65.8% Female, 34.2% |
| Race ratio | Black 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 11% | 11% |