Post job

Collection analyst vs certified medical technician

The differences between collection analysts and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a collection analyst and a certified medical technician. Additionally, a collection analyst has an average salary of $46,819, which is higher than the $38,859 average annual salary of a certified medical technician.

The top three skills for a collection analyst include customer service, portfolio and patients. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Collection analyst vs certified medical technician overview

Collection AnalystCertified Medical Technician
Yearly salary$46,819$38,859
Hourly rate$22.51$18.68
Growth rate-8%5%
Number of jobs28,967164,424
Job satisfaction--
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 28%
Average age4644
Years of experience1212

What does a collection analyst do?

Collections analysts assess the riskiness of a company or person in credit extension and repayment collection. The analysts manage data processing contract procurement negotiation. They help in the quarterly and yearly external and internal audits. It is part of their job to collect the first payment default and make sure that portfolios are inappropriate performance. They also act on collection calls for the area of responsibility assigned to them.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Collection analyst vs certified medical technician salary

Collection analysts and certified medical technicians have different pay scales, as shown below.

Collection AnalystCertified Medical Technician
Average salary$46,819$38,859
Salary rangeBetween $31,000 And $69,000Between $28,000 And $53,000
Highest paying CityWashington, DCDenton, TX
Highest paying stateConnecticutAlaska
Best paying companyAmerican TowerFavorite Healthcare Staffing
Best paying industryTechnologyHealth Care

Differences between collection analyst and certified medical technician education

There are a few differences between a collection analyst and a certified medical technician in terms of educational background:

Collection AnalystCertified Medical Technician
Most common degreeBachelor's Degree, 55%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common college-University of Connecticut

Collection analyst vs certified medical technician demographics

Here are the differences between collection analysts' and certified medical technicians' demographics:

Collection AnalystCertified Medical Technician
Average age4644
Gender ratioMale, 37.7% Female, 62.3%Male, 20.4% Female, 79.6%
Race ratioBlack or African American, 13.9% Unknown, 4.2% Hispanic or Latino, 18.6% Asian, 4.0% White, 58.8% American Indian and Alaska Native, 0.5%Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage8%8%

Differences between collection analyst and certified medical technician duties and responsibilities

Collection analyst example responsibilities.

  • Represent and lead the collections' team during executive management weekly conference calls providing updates on the delinquent A/R reports.
  • Assist in reducing the DSO down and limit bad debt expense while focusing on building revenue.
  • Maintain customer relations while improving company DSO.
  • Work remittance advice from Medicaid and Medicare ensuring accuracy of payments, correcting account billing according with Medicaid or Medicare disposition.
  • Do credit checks for new clients with Dunn & Bradstreet along with Equifax.
  • Perform processing functions necessary to ensure timely and accurate DME billing.

Certified medical technician example responsibilities.

  • Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
  • Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
  • Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
  • Perform first aid and apply CPR when necessary.
  • Perform first aid or CPR during medical emergencies until paramedics arrive.
  • Assist the residents in their ADL needs and prepare their meals.
  • Show more

Collection analyst vs certified medical technician skills

Common collection analyst skills
  • Customer Service, 16%
  • Portfolio, 9%
  • Patients, 5%
  • Customer Accounts, 5%
  • Delinquent Accounts, 4%
  • Reconciliations, 4%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

Browse office and administrative jobs