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Business associate vs business partner

The differences between business associates and business partners can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business partner has an average salary of $96,324, 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 partner are analytics, project management, and customer service.

Business associate vs business partner overview

Business AssociateBusiness Partner
Yearly salary$72,369$96,324
Hourly rate$34.79$46.31
Growth rate-8%10%
Number of jobs60,886106,251
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 65%
Average age4439
Years of experience-10

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 partner do?

A business partner is an individual who is involved in a legal business partnership with other individuals to manage a business as co-owners. Business partners invest their money into the business, and each partner benefits from any profits and sustains part of any losses. They must file with the state in which they do business and are governed mostly by state laws. Business partners can also be either liable or not for the actions taken by the company.

Business associate vs business partner salary

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

Business AssociateBusiness Partner
Average salary$72,369$96,324
Salary rangeBetween $46,000 And $111,000Between $66,000 And $140,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateCaliforniaWashington
Best paying companyThe CitadelZS
Best paying industryFinanceTechnology

Differences between business associate and business partner education

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

Business AssociateBusiness Partner
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeWestern Carolina UniversityUniversity of Georgia

Business associate vs business partner demographics

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

Business AssociateBusiness Partner
Average age4439
Gender ratioMale, 38.2% Female, 61.8%Male, 56.2% Female, 43.8%
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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage11%10%

Differences between business associate and business partner 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 partner example responsibilities.

  • Manage publicity online, in medias such as Facebook and Instagram.
  • Negotiate and manage vendor relations using SLA's and metric management.
  • Lead the establishment of key ERP, database and java applications environments.
  • Implement and manage social media strategies and blog content as well as customer relationships on Salesforce.com.
  • Lead all operational, financial and customer relationship aspects of MMI's largest global OEM customer, IBM.
  • Plan, manage, supervise and lead the development, QA, UAT and deployment efforts towards on time delivery.
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Business associate vs business partner skills

Common business associate skills
  • Customer Service, 15%
  • Patients, 11%
  • PowerPoint, 6%
  • SQL, 4%
  • Data Analysis, 4%
  • Phone Calls, 4%
Common business partner skills
  • Analytics, 8%
  • Project Management, 7%
  • Customer Service, 6%
  • Human Resources, 5%
  • Performance Management, 5%
  • Excellent Interpersonal, 4%

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