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Best collections coordinator certifications
The best certifications for a collections coordinator are Certified Billing and Coding Specialist (CBCS), Certified Management Accountant (CMA), and Certified Medical Insurance Specialist (CMIS).
Collections coordinator certifications demonstrate your competency as a collections coordinator to employers. However, not all collections coordinator certifications provide the same value.
Below is a list of the best collections coordinator certifications. Obtaining a collections coordinator certification will give you a leg up when you apply for jobs and increase your potential salary.
4 best certifications for collections coordinators
| Rank | Collections coordinator certification | Organization |
|---|---|---|
| 1 | Certified Billing and Coding Specialist (CBCS) | NHA |
| 2 | Certified Management Accountant (CMA) | IMA |
| 3 | Certified Medical Insurance Specialist (CMIS) | PMI |
| 4 | International Accredited Business Accountant (IABA) | ACAT |
4 best collections coordinator certifications
1. Certified Billing and Coding Specialist (CBCS)
A Certified Billing and Coding Specialist (CBCS) primarily focuses on converting a medical procedure, diagnosis, or symptom into specific codes to submit a claim for reimbursement.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 2 year(s)
2. Certified Management Accountant (CMA)
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
3. Certified Medical Insurance Specialist (CMIS)
Experienced medical office professionals with exceptional coding, reimbursement and claims management skills are eligible to sit for the Certified Medical Insurance Specialist (CMIS) exam. Practice Management Institute® has helped raise the bar of knowledge with its CMIS credential, designed to demonstrate outstanding skill in outpatient claims and reimbursement.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required?
4. International Accredited Business Accountant (IABA)
ACAT seeks to ensure that all accredited individuals possess both the theoretical knowledge and the practical knowledge necessary to be successful practitioners. For that reason, candidates for accreditation must satisfy an experience requirement before becoming fully credentialed: three years of related work experience, up to two of which may be satisfied through college credit. Related work experience includes verifiable experience in accounting, financial services, or other field requiring a practical and theoretical knowledge of the subject matter covered on the ACAT Comprehensive Examination for the International Accredited Business Accountant. Those who pass the exam but who have not met the experience requirement may market themselves as having passed the ACAT Comprehensive Examination for International Accredited Business Accountant, but are not entitled to use the IABA designation.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? No
What is the best certification for a collections coordinator?
The best collections coordinator certification is Certified Billing and Coding Specialist (CBCS). The Certified Billing and Coding Specialist (CBCS) is awarded by the National Healthcareer Association. This certification is great to have as it shows an improvement in your competency to perform your role. You can earn this certification at the beginning of your career, as it often doesn't require a minimum education level and work experience.
Here's a bit more background on how to obtain this collections coordinator certification:
- To become a certified Certified Billing and Coding Specialist (CBCS), you need to pass the exam.
- This certificate requires more than two years of work experience.
- Renew certification every 2 year.
The most common combination of collections coordinator certifications include: Certified Billing and Coding Specialist (CBCS), Certified Management Accountant (CMA), and Certified Medical Insurance Specialist (CMIS).
Online courses for collections coordinators to earn certifications
1. Accounting101: Learn Accounts Receivable From A to Z
Learn The Accounts Receivable Cycle, Basics of Accounts Receivable, Accelerating Collections and Much More...
2. Financial Accounting & Excel-Comprehensive Accounting Course
Comprehensive accounting course to learn the accounting cycle in a practical way and pick up critical Excel fundamentals...
3. Financial Accounting-Adjusting Entries & Financial Statement
Master Adjusting Entries & Financial Statements: A Comprehensive Guide for Accurate Accounting and Reporting...
4. Accounting & Financial Statement Analysis: Complete Training
Accounting & Financial Ratio Analysis made easy. Learn important accounting skills that will get your foot in the door!...
5. Principles of Financial Accounting
Learn the complete accounting cycle -recording business transactions to presenting the Balance Sheet & Income Statement...
6. Financial Accounting-Debits & Credits-Accounting Transaction
Masterclass: Learn Accounting Principles, Financial Statements, Transactions & More in this Comprehensive Course...
7. Governmental Accounting 100
Fund accounting-governmental accounting-General Fund & government-wide activity transactions-modified accrual method...
8. Accounting, Bookkeeping & Financial Analysis (Accounting)
Accounting & Bookkeeping Basics. Accounting & Financial Analysis Concepts. Learn Accounting & Bookkeeping...
9. Xero Bookkeeping & Accounting, w/ Set-up & Reporting
From Set-up to Bookkeeping, Accounting, Reporting, & Financial Statements in Xero with a Certified Xero Advisor...
10. Accounting basics, create financial statements easily
Discover, develop, practice your financial information and explore the world of accounting...
11. Accounting Made Easy: A Quick Guide to Financial Accounting
Accounting is not about Math, it is about concepts. And no one said it has to be hard. Learn the basics in just 2 hours!...
12. Financial Accounting: The Complete Introductory Crash Course
Learn the Basics of Financial Accounting: Financial Statements, Debits and Credits, The Accounting Cycle and More!...
13. Accounting & Bookkeeping Masterclass - Beginner to Advanced
Accounting, Bookkeeping Introduction, Accounting, Bookkeeping Entries, Accounting, Bookkeeping Adjustments & Reports...
14. Financial Bookkeeping and Accountancy: Complete Accounting
A Complete Course on Book-keeping & Accounting Course For Level 1 & 2 aspirants...
15. Introductory Financial Accounting
Learn the basics of Accounting including: the accounting cycle, inventory, depreciation, receivables, and more!...
16. Excel Accounting Problem
Learn How to Create an Accounting Worksheet Using Microsoft Excel from a Certified Public Accountant (CPA)...
17. Java Collections from basics to Advanced
Data Structure using Java Collection Framework - Including Concurrent Collections, Streams, Generics, Parallel Streams...
18. Financial Accounting - Subsidiary Ledgers & Special Journals
Mastering Special Journals and Subsidiary Ledgers: A Comprehensive Guide to Streamlined Accounting Practices...
19. Accounting 101: Accounts Payable Best Practices For 2023
Avoid common mistakes and pitfalls when it comes to Accounts Payable. No more fraud, incorrect payments or voided checks...
20. Advanced Financial Accounting: Acquisitions & Consolidations
Acquisitions, Consolidations, and Reporting. Master complex concepts and applications...