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Credit and collection manager vs certified medical technician

The differences between credit and collection 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 credit and collection manager, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a credit and collection manager has an average salary of $71,775, which is higher than the $38,859 average annual salary of a certified medical technician.

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

Credit and collection manager vs certified medical technician overview

Credit And Collection ManagerCertified Medical Technician
Yearly salary$71,775$38,859
Hourly rate$34.51$18.68
Growth rate17%5%
Number of jobs38,683164,424
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 28%
Average age4644
Years of experience812

What does a credit and collection manager do?

A credit and collection manager is responsible for evaluating credit services and supervising the credit and collection team in reaching out to clients with outstanding debts and credit applications. Credit and collection managers oversee the cash flow systems and identify opportunities to minimize excessive loss and resolve credit disputes. They also determine a customer's eligibility for credit options by analyzing documents and financial status. A credit collection manager must have excellent communication and analytical skills to process receivables and perform credit reconciliations accurately and efficiently.

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.

Credit and collection manager vs certified medical technician salary

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

Credit And Collection ManagerCertified Medical Technician
Average salary$71,775$38,859
Salary rangeBetween $47,000 And $109,000Between $28,000 And $53,000
Highest paying CitySan Francisco, CADenton, TX
Highest paying stateCaliforniaAlaska
Best paying companyColfax CorporationFavorite Healthcare Staffing
Best paying industryTechnologyHealth Care

Differences between credit and collection manager and certified medical technician education

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

Credit And Collection ManagerCertified Medical Technician
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common collegeUniversity of PennsylvaniaUniversity of Connecticut

Credit and collection manager vs certified medical technician demographics

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

Credit And Collection ManagerCertified Medical Technician
Average age4644
Gender ratioMale, 48.8% Female, 51.2%Male, 20.4% Female, 79.6%
Race ratioBlack or African American, 7.8% Unknown, 4.1% Hispanic or Latino, 15.1% Asian, 7.3% White, 65.4% 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 Percentage11%8%

Differences between credit and collection manager and certified medical technician duties and responsibilities

Credit and collection manager example responsibilities.

  • Partner with small and entrepreneurial business to develop business plans and assist business owners with achieving payroll.
  • Download and printout Medicare explanation of benefits.
  • Develop understanding of Medicaid eligibility and Medicare accounts.
  • Develop timely/accurate DSO and cash reporting and forecasting techniques.
  • Perform monthly DSO reports and information supplements for upper management.
  • Integrate experimental ISR technologies to maximize intelligence collection and reduce work load on analysts and high demand low density collection assets.
  • Show more

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

Credit and collection manager vs certified medical technician skills

Common credit and collection manager skills
  • Credit Limits, 7%
  • Customer Service, 7%
  • DSO, 5%
  • Customer Accounts, 5%
  • Delinquent Accounts, 4%
  • Past Due Accounts, 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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