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Claims account specialist vs collections specialist

The differences between claims account specialists and collections specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a claims account specialist and a collections specialist. Additionally, a claims account specialist has an average salary of $37,054, which is higher than the $35,164 average annual salary of a collections specialist.

The top three skills for a claims account specialist include customer service, medical terminology and patient accounts. The most important skills for a collections specialist are customer service, patients, and customer accounts.

Claims account specialist vs collections specialist overview

Claims Account SpecialistCollections Specialist
Yearly salary$37,054$35,164
Hourly rate$17.81$16.91
Growth rate-8%-8%
Number of jobs90,49140,277
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 34%
Average age4646
Years of experience1212

Claims account specialist vs collections specialist salary

Claims account specialists and collections specialists have different pay scales, as shown below.

Claims Account SpecialistCollections Specialist
Average salary$37,054$35,164
Salary rangeBetween $31,000 And $43,000Between $27,000 And $45,000
Highest paying City-Boston, MA
Highest paying state-Connecticut
Best paying company-Kent Daniels & Associates
Best paying industry-Finance

Differences between claims account specialist and collections specialist education

There are a few differences between a claims account specialist and a collections specialist in terms of educational background:

Claims Account SpecialistCollections Specialist
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 34%
Most common majorBusinessBusiness
Most common college--

Claims account specialist vs collections specialist demographics

Here are the differences between claims account specialists' and collections specialists' demographics:

Claims Account SpecialistCollections Specialist
Average age4646
Gender ratioMale, 26.0% Female, 74.0%Male, 30.5% Female, 69.5%
Race ratioBlack or African American, 14.6% Unknown, 4.0% Hispanic or Latino, 16.6% Asian, 3.6% White, 60.8% American Indian and Alaska Native, 0.5%Black or African American, 12.2% Unknown, 4.1% Hispanic or Latino, 18.5% Asian, 3.7% White, 61.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between claims account specialist and collections specialist duties and responsibilities

Claims account specialist example responsibilities.

  • Manage accounts for healthcare clients, review detailed patient information for payment resolution while abiding HIPPA privacy and security regulations.
  • Interview incoming patients, his/her relatives, or other responsible individuals to obtain identifying and biographical information with insurance and financial information
  • Review HMO insurance vouchers and resubmitted if necessary.
  • Utilize excellent communication and negotiation skills to resolve credit card delinquency favorable to company and card member.

Collections specialist example responsibilities.

  • Manage university A/R processes and enforce tuition payment policy.
  • Manage accounts for healthcare clients, review detailed patient information for payment resolution while abiding HIPPA privacy and security regulations.
  • Review denied Medicare and Maine Medicaid insurance claims for accuracy.
  • Analyze hospital insurance claims of individual patients for errors and contact major insurance carriers for claims dispute resolution.
  • Analyze accounts for patients ineligible for private insurance, Medicare or Medicaid and indicating inability to pay balance.
  • Possess effective persuasion and negotiation skills, excellent interpersonal and communications skills with the ability to deliver quality customer service.
  • Show more

Claims account specialist vs collections specialist skills

Common claims account specialist skills
  • Customer Service, 28%
  • Medical Terminology, 13%
  • Patient Accounts, 9%
  • Medical Treatment, 7%
  • Process Payments, 7%
  • Medicaid, 7%
Common collections specialist skills
  • Customer Service, 23%
  • Patients, 8%
  • Customer Accounts, 6%
  • Payment Arrangements, 5%
  • Delinquent Accounts, 4%
  • Phone Calls, 4%

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