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Clinical product manager vs revenue manager

The differences between clinical product managers and revenue managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a clinical product manager and a revenue manager. Additionally, a clinical product manager has an average salary of $104,486, which is higher than the $86,270 average annual salary of a revenue manager.

The top three skills for a clinical product manager include cross-functional, product management and roadmap. The most important skills for a revenue manager are revenue cycle, reservations, and customer service.

Clinical product manager vs revenue manager overview

Clinical Product ManagerRevenue Manager
Yearly salary$104,486$86,270
Hourly rate$50.23$41.48
Growth rate10%10%
Number of jobs165,287110,405
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 63%
Average age3939
Years of experience1010

What does a clinical product manager do?

Clinical product managers keep up with the market's never-ending need to turn them into product development opportunities by regular communication. These managers work on developing, implementing, testing, and sales with field engineering experts to publicize products and their new features. To hone their leadership and product operation skills, they undergo content writing training and realistic product management training. They consult with product managers to review product designs and clinical planning to maintain support for the products as they go through the product life cycle.

What does a revenue manager do?

A revenue manager is responsible for conducting price analysis and revenue strategies to support business development and improve marketing techniques. Revenue managers research on the current market trends, evaluate statistical data of resources, maintain reasonable rates, and match the competitiveness of other hotel industries. They also work closely with the marketing and public relations team on releasing press releases, managing media appearance, and publishing content on the digital platform. A revenue manager must have excellent communication and organizational skills, tracking business and financial transactions, and coordinating with potential clients for partnerships.

Clinical product manager vs revenue manager salary

Clinical product managers and revenue managers have different pay scales, as shown below.

Clinical Product ManagerRevenue Manager
Average salary$104,486$86,270
Salary rangeBetween $74,000 And $146,000Between $59,000 And $124,000
Highest paying CitySunnyvale, CANovato, CA
Highest paying stateWashingtonCalifornia
Best paying companyIntuitive SurgicalMeta
Best paying industryHealth CareTechnology

Differences between clinical product manager and revenue manager education

There are a few differences between a clinical product manager and a revenue manager in terms of educational background:

Clinical Product ManagerRevenue Manager
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 63%
Most common majorNursingBusiness
Most common collegeUniversity of Wisconsin - MadisonUniversity of Georgia

Clinical product manager vs revenue manager demographics

Here are the differences between clinical product managers' and revenue managers' demographics:

Clinical Product ManagerRevenue Manager
Average age3939
Gender ratioMale, 42.4% Female, 57.6%Male, 41.6% Female, 58.4%
Race ratioBlack 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%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 Percentage10%10%

Differences between clinical product manager and revenue manager duties and responsibilities

Clinical product manager example responsibilities.

  • Lead the pre-clinical FDA approval studies of catheters and of software.
  • Manage VOC process by meeting with physician KOLs to identify unmet needs and translate into product requirements.
  • Lead cross-functional team in pioneering the application/game download ecosystem with the implementation of Java games and generating significant new revenue stream.
  • Gather through formal and informal VOC efforts.
  • Research for supporting clinical information, developing outcome reports and other QA activities.
  • Prepare and implement study protocols and training documents in accordance with FDA and GCP standards.
  • Show more

Revenue manager example responsibilities.

  • Manage room availability and rates on a daily basis within the PMS, OTA and CRS to maximize room revenue.
  • Manage OTA channel partners and perform market analysis including monitoring trends, need periods, promotional opportunities and rate parities.
  • Manage and oversee performance of all OTA and contract rates ensuring the hotel is positioned correctly base on changing demand.
  • Maintain spreadsheets and ERP applications to analyze and manage collections for manufacturers regarding all aspects of receivables.
  • Evaluate group booking opportunities for pattern and placement and provide pricing recommendations to ensure maximum revenue potential is achieved.
  • Manage accounts receivable accountants performing monthly accounting closes, reconciliations, and revenue and billing subsystem adjustments and maintenance.
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Clinical product manager vs revenue manager skills

Common clinical product manager skills
  • Cross-Functional, 19%
  • Product Management, 15%
  • Roadmap, 13%
  • Competitive Analysis, 10%
  • Clinical Product, 6%
  • Product Line, 5%
Common revenue manager skills
  • Revenue Cycle, 11%
  • Reservations, 8%
  • Customer Service, 7%
  • Patients, 6%
  • Cycle Management, 6%
  • Revenue Management, 5%

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