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The differences between business associates and business specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business specialist has an average salary of $73,521, 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 specialist are patients, customer service, and product knowledge.
| Business Associate | Business Specialist | |
| Yearly salary | $72,369 | $73,521 |
| Hourly rate | $34.79 | $35.35 |
| Growth rate | -8% | 4% |
| Number of jobs | 60,886 | 95,909 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 65% |
| 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 specialist's role is to perform research and analysis to determine the company's strengths and weaknesses, aiming to improve and develop areas for optimal performance. Their responsibilities revolve around coordinating with different departments to gather relevant data, identifying new opportunities and ways to meet clients' needs, devising strategies and programs for profit growth, and developing new processes for business efficiency. Furthermore, it is essential to provide corrective measures on various issues and concerns, all while implementing the company's policies and regulations.
Business associates and business specialists have different pay scales, as shown below.
| Business Associate | Business Specialist | |
| Average salary | $72,369 | $73,521 |
| Salary range | Between $46,000 And $111,000 | Between $44,000 And $120,000 |
| Highest paying City | San Francisco, CA | Seattle, WA |
| Highest paying state | California | Washington |
| Best paying company | The Citadel | BP America Inc |
| Best paying industry | Finance | - |
There are a few differences between a business associate and a business specialist in terms of educational background:
| Business Associate | Business Specialist | |
| Most common degree | Bachelor's Degree, 59% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Western Carolina University | Western Carolina University |
Here are the differences between business associates' and business specialists' demographics:
| Business Associate | Business Specialist | |
| Average age | 44 | 44 |
| Gender ratio | Male, 38.2% Female, 61.8% | Male, 48.1% Female, 51.9% |
| 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% |