Claims collector vs medical collector

The differences between claims collectors and medical collectors 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 medical collector. Additionally, a claims collector has an average salary of $36,591, which is higher than the $36,235 average annual salary of a medical collector.

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

Claims collector vs medical collector overview

	Claims Collector	Medical Collector
Yearly salary	$36,591	$36,235
Hourly rate	$17.59	$17.42
Growth rate	-8%	-8%
Number of jobs	19,142	73,797
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 34%	Bachelor's Degree, 24%
Average age	46	46
Years of experience	12	12

Claims collector vs medical collector salary

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

	Claims Collector	Medical Collector
Average salary	$36,591	$36,235
Salary range	Between $30,000 And $43,000	Between $30,000 And $42,000
Highest paying City	-	Arlington Heights, IL
Highest paying state	-	Illinois
Best paying company	-	Addison Group
Best paying industry	-	Finance

Differences between claims collector and medical collector education

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

	Claims Collector	Medical Collector
Most common degree	Bachelor's Degree, 34%	Bachelor's Degree, 24%
Most common major	Business	Business
Most common college	-	-

Claims collector vs medical collector demographics

Here are the differences between claims collectors' and medical collectors' demographics:

	Claims Collector	Medical Collector
Average age	46	46
Gender ratio	Male, 15.8% Female, 84.2%	Male, 18.0% Female, 82.0%
Race ratio	Black 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, 13.6% Unknown, 3.9% Hispanic or Latino, 22.6% Asian, 3.3% White, 56.1% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between claims collector and medical collector 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.

Medical collector example responsibilities.

Use EMR software to manage patient records and files; reinforce and uphold patient confidentiality as required by HIPAA and clinic.
Perform as a mediator between insurance companies and patients collecting nationwide extensive medical bills.
Utilize A/R reports and identify accounts that are past payments.
Maintain a filing system of clients' medical records and disclosure following HIPPA guidelines.
Post appropriate adjustment types and carrier payments to accounts for true A/R account balance reflection.
Maintain strict confidentiality; adhering to all HIPAA guidelines/regulations.

Claims collector vs medical collector skills

Common claims collector skills

Patients, 27%
Appeals, 11%
Medicaid, 10%
Medical Insurance Claims, 8%
EOB, 6%
Outbound Calls, 5%

Common medical collector skills

Patients, 22%
Healthcare, 9%
Customer Service, 7%
Medical Collections, 5%
Appeals, 5%
Medicaid, 4%