Credit and collections analyst vs certified medical technician

The differences between credit and collections analysts 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 credit and collections analyst and a certified medical technician. Additionally, a credit and collections analyst has an average salary of $49,262, which is higher than the $38,859 average annual salary of a certified medical technician.

The top three skills for a credit and collections analyst include customer service, credit limits and past due accounts. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Credit and collections analyst vs certified medical technician overview

	Credit And Collections Analyst	Certified Medical Technician
Yearly salary	$49,262	$38,859
Hourly rate	$23.68	$18.68
Growth rate	-8%	5%
Number of jobs	18,105	164,424
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 28%
Average age	46	44
Years of experience	12	12

What does a credit and collections analyst do?

A credit and collections analyst is responsible for evaluating clients' account statements and financial transactions, analyzing their credit scores, and creating payment plans for outstanding debts. Credit and collections analysts assist in handling account discrepancies and financial disputes, reaching out to financial institutions and clients to collect documents and necessary data for resolution processes. They also update the clients' information on the database, analyze the terms of service of contracts, and respond to the customers' inquiries and concerns regarding their account status.

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 collections analyst vs certified medical technician salary

Credit and collections analysts and certified medical technicians have different pay scales, as shown below.

	Credit And Collections Analyst	Certified Medical Technician
Average salary	$49,262	$38,859
Salary range	Between $35,000 And $69,000	Between $28,000 And $53,000
Highest paying City	Bridgewater, NJ	Denton, TX
Highest paying state	Connecticut	Alaska
Best paying company	Vishay	Favorite Healthcare Staffing
Best paying industry	Finance	Health Care

Differences between credit and collections analyst and certified medical technician education

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

	Credit And Collections Analyst	Certified Medical Technician
Most common degree	Bachelor's Degree, 52%	Bachelor's Degree, 28%
Most common major	Business	Nursing
Most common college	-	University of Connecticut

Credit and collections analyst vs certified medical technician demographics

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

	Credit And Collections Analyst	Certified Medical Technician
Average age	46	44
Gender ratio	Male, 30.0% Female, 70.0%	Male, 20.4% Female, 79.6%
Race ratio	Black or African American, 12.0% Unknown, 4.0% Hispanic or Latino, 20.5% Asian, 3.6% White, 59.4% 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 Percentage	8%	8%

Differences between credit and collections analyst and certified medical technician duties and responsibilities

Credit and collections analyst example responsibilities.

Represent and lead the collections' team during executive management weekly conference calls providing updates on the delinquent A/R reports.
Identify and submit financial adjustments using SOX controls and GAAP accounting principles, increasing monthly AR collection.
Develop and maintain detailed spreadsheets on all UCC activity for the branch for tracking purposes and follow-up.
Establish the UCC filing template and liaise with agent bank to get UCC filing in due time.
Oversee the DSO level and negotiate account settlements, payment plans, and attend small claims court for small businesses.
Attend regular credit meetings with order management, sales, treasury, and revenue recognition groups to resolve business issues.

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.

Credit and collections analyst vs certified medical technician skills

Common credit and collections analyst skills

Customer Service, 18%
Credit Limits, 5%
Past Due Accounts, 5%
Delinquent Accounts, 4%
Financial Statements, 4%
Credit Card Payments, 3%

Common certified medical technician skills

Patients, 17%
Vital Signs, 12%
CPR, 8%
Administer Medications, 7%
Resident Care, 6%
HIPAA, 6%

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Credit And Collections Analyst vs Certified Medical Technician

Updated January 8, 2025

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