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Contract processor vs certified medical technician

The differences between contract processors 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 contract processor and a certified medical technician. Additionally, a certified medical technician has an average salary of $38,859, which is higher than the $35,234 average annual salary of a contract processor.

The top three skills for a contract processor include data entry, computer system and contract data. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Contract processor vs certified medical technician overview

Contract ProcessorCertified Medical Technician
Yearly salary$35,234$38,859
Hourly rate$16.94$18.68
Growth rate-3%5%
Number of jobs13,996164,424
Job satisfaction--
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 28%
Average age5044
Years of experience1212

Contract processor vs certified medical technician salary

Contract processors and certified medical technicians have different pay scales, as shown below.

Contract ProcessorCertified Medical Technician
Average salary$35,234$38,859
Salary rangeBetween $27,000 And $45,000Between $28,000 And $53,000
Highest paying City-Denton, TX
Highest paying state-Alaska
Best paying company-Favorite Healthcare Staffing
Best paying industry-Health Care

Differences between contract processor and certified medical technician education

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

Contract ProcessorCertified Medical Technician
Most common degreeBachelor's Degree, 45%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common college-University of Connecticut

Contract processor vs certified medical technician demographics

Here are the differences between contract processors' and certified medical technicians' demographics:

Contract ProcessorCertified Medical Technician
Average age5044
Gender ratioMale, 28.2% Female, 71.8%Male, 20.4% Female, 79.6%
Race ratioBlack or African American, 6.7% Unknown, 4.5% Hispanic or Latino, 10.7% Asian, 4.7% White, 72.3% American Indian and Alaska Native, 1.1%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 Percentage7%8%

Differences between contract processor and certified medical technician duties and responsibilities

Contract processor example responsibilities.

  • Coach fellow team members to help attain higher QA and assist with CANDE questions to ensure efficiency.
  • Process FHA, VA and CONV.
  • Process and pre-underwrite FHA and conventional loans.
  • Schedule closings and review final HUD report and any adverse compliance action.
  • Recognize for being proficient in thinking outside the box for satisfactory documentation to clear underwriting conditions and RESPA regulations.
  • Respond to mortgage lenders and taxing agency jurisdictions by utilizing effective verbal and written communication in a prompt and accurate manner.
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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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Contract processor vs certified medical technician skills

Common contract processor skills
  • Data Entry, 24%
  • Computer System, 14%
  • Contract Data, 9%
  • Process Contracts, 9%
  • Customer Issues, 7%
  • Financial Transactions, 6%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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