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Claims collector vs collections specialist

The differences between claims collectors 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 collector and a collections specialist. Additionally, a claims collector has an average salary of $36,591, which is higher than the $35,164 average annual salary of a collections specialist.

The top three skills for a claims collector include patients, appeals and medicaid. The most important skills for a collections specialist are customer service, patients, and customer accounts.

Claims collector vs collections specialist overview

Claims CollectorCollections Specialist
Yearly salary$36,591$35,164
Hourly rate$17.59$16.91
Growth rate-8%-8%
Number of jobs19,14240,277
Job satisfaction--
Most common degreeBachelor's Degree, 34%Bachelor's Degree, 34%
Average age4646
Years of experience1212

Claims collector vs collections specialist salary

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

Claims CollectorCollections Specialist
Average salary$36,591$35,164
Salary rangeBetween $30,000 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 collector and collections specialist education

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

Claims CollectorCollections Specialist
Most common degreeBachelor's Degree, 34%Bachelor's Degree, 34%
Most common majorBusinessBusiness
Most common college--

Claims collector vs collections specialist demographics

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

Claims CollectorCollections Specialist
Average age4646
Gender ratioMale, 15.8% Female, 84.2%Male, 30.5% Female, 69.5%
Race ratioBlack or African American, 14.1% Unknown, 4.0% Hispanic or Latino, 19.5% Asian, 3.5% White, 58.4% 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 collector and collections specialist duties and responsibilities

Claims collector example responsibilities.

  • Monitor all assign accounts by reviewing the client's aging, manage all potential bad debit, DSO, aging.
  • Operate under HIPPA guidelines for all collection activities.
  • Maintain strict confidentiality and adhere to HIPPA policies.
  • Maintain high- standards of confidentiality per HIPAA guidelines.
  • Review and resubmits denials from Medicaid, Medicare and private health insurance.
  • Research and resolve denials and EOB rejections within standard billing cycle timeframe.
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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.
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Claims collector vs collections specialist skills

Common claims collector skills
  • Patients, 27%
  • Appeals, 11%
  • Medicaid, 10%
  • Medical Insurance Claims, 8%
  • EOB, 6%
  • Outbound Calls, 5%
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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