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Collections associate vs certified medical technician

The differences between collections associates 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 collections associate and a certified medical technician. Additionally, a certified medical technician has an average salary of $38,859, which is higher than the $38,589 average annual salary of a collections associate.

The top three skills for a collections associate include phone calls, customer service and UPC. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Collections associate vs certified medical technician overview

Collections AssociateCertified Medical Technician
Yearly salary$38,589$38,859
Hourly rate$18.55$18.68
Growth rate-8%5%
Number of jobs20,297164,424
Job satisfaction--
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 28%
Average age4644
Years of experience1212

What does a collections associate do?

A collections associate is an individual who acts as a liaison between creditors and customers to collect outstanding payments and negotiates debt payments. Collections associates must contact debtors through telephone to negotiate debt recovery and prevent recurring delinquency. They must enact debt recovery plans and collaborate with other departments on debt collection strategies. They are required to research publicly-available resources such as loan documents and background checks to track down defaulters. They must also initiate legal proceedings when debt recovery fails and send statements of delinquency to the credit bureau.

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.

Collections associate vs certified medical technician salary

Collections associates and certified medical technicians have different pay scales, as shown below.

Collections AssociateCertified Medical Technician
Average salary$38,589$38,859
Salary rangeBetween $23,000 And $63,000Between $28,000 And $53,000
Highest paying CityDanbury, CTDenton, TX
Highest paying stateAlaskaAlaska
Best paying companyJPMorgan Chase & Co.Favorite Healthcare Staffing
Best paying industryFinanceHealth Care

Differences between collections associate and certified medical technician education

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

Collections AssociateCertified Medical Technician
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common college-University of Connecticut

Collections associate vs certified medical technician demographics

Here are the differences between collections associates' and certified medical technicians' demographics:

Collections AssociateCertified Medical Technician
Average age4644
Gender ratioMale, 34.4% Female, 65.6%Male, 20.4% Female, 79.6%
Race ratioBlack or African American, 12.3% Unknown, 4.2% Hispanic or Latino, 17.5% Asian, 3.8% White, 61.7% 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 collections associate and certified medical technician duties and responsibilities

Collections associate example responsibilities.

  • Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
  • Perform follow up on Medicaid accounts.
  • Execute assertive collection skills for inbound/outbound calls while meeting FDCPA guidelines.
  • Call center collections following FDCPA guidelines for third party outbound collections.
  • Perform collections activities on delinquent loan accounts to include repossessions, foreclosures, bankruptcy proceedings, and disposition of repossess assets.
  • Position requires knowledge of Medicaid/Medicare formulary of cover drugs, the dosage and restrictions.
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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.
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Collections associate vs certified medical technician skills

Common collections associate skills
  • Phone Calls, 16%
  • Customer Service, 14%
  • UPC, 10%
  • Time Card, 7%
  • Retail Store, 7%
  • Patients, 4%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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