Collections manager vs certified medical technician

The differences between collections managers and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-8 years to become a collections manager, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a collections manager has an average salary of $59,529, which is higher than the $38,859 average annual salary of a certified medical technician.

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

Collections manager vs certified medical technician overview

	Collections Manager	Certified Medical Technician
Yearly salary	$59,529	$38,859
Hourly rate	$28.62	$18.68
Growth rate	17%	5%
Number of jobs	44,553	164,424
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 28%
Average age	46	44
Years of experience	8	12

What does a collections manager do?

A collections manager is an individual who manages a staff of collectors whose job is to contact companies and individuals for the late payments on the products and services they have received. Collections managers oversee a company's process of retrieving money owed to them by assigning collectors to collect the money. They are required to handle customer complaints and must negotiate with customers about payment arrangements to ensure they are being paid. They also provide reports on the collection department's progress, statistics, and data analysis.

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 manager vs certified medical technician salary

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

	Collections Manager	Certified Medical Technician
Average salary	$59,529	$38,859
Salary range	Between $42,000 And $83,000	Between $28,000 And $53,000
Highest paying City	New York, NY	Denton, TX
Highest paying state	New York	Alaska
Best paying company	Amazon	Favorite Healthcare Staffing
Best paying industry	Health Care	Health Care

Differences between collections manager and certified medical technician education

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

	Collections Manager	Certified Medical Technician
Most common degree	Bachelor's Degree, 51%	Bachelor's Degree, 28%
Most common major	Business	Nursing
Most common college	Stanford University	University of Connecticut

Collections manager vs certified medical technician demographics

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

	Collections Manager	Certified Medical Technician
Average age	46	44
Gender ratio	Male, 50.8% Female, 49.2%	Male, 20.4% Female, 79.6%
Race ratio	Black or African American, 8.0% Unknown, 4.1% Hispanic or Latino, 15.5% Asian, 7.3% White, 64.7% American Indian and Alaska Native, 0.3%	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 Percentage	11%	8%

Differences between collections manager and certified medical technician duties and responsibilities

Collections manager example responsibilities.

Achieve 182 FTE save, and annual net saving of $2.8MM
Manage Medicaid accounts in effort to receive payment from them.
Manage self pay and Medicaid pending collections throughout the southeast region.
Organize the managed care effort to ensure that patients are not accept from incorrect PPO's and HMO's.
Create and implement new quantitative process to achieve corporate DSO targets that determines monthly cash collection targets by business unit.
Achieve historical low of six percent in A/R over 30 days past due and reduction of DSO to 53 days.

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.

Collections manager vs certified medical technician skills

Common collections manager skills

Customer Service, 15%
Collection Management, 9%
Portfolio, 7%
FDCPA, 5%
Delinquent Accounts, 4%
Credit Card, 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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Collections Manager
Collections Manager vs Certified Medical Technician

Updated January 8, 2025

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