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Finance coordinator vs registration coordinator

The differences between finance coordinators and registration coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a finance coordinator, becoming a registration coordinator takes usually requires 1-2 years. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $39,641 average annual salary of a registration coordinator.

The top three skills for a finance coordinator include patients, customer service and payroll. The most important skills for a registration coordinator are patients, customer service, and patient registration.

Finance coordinator vs registration coordinator overview

Finance CoordinatorRegistration Coordinator
Yearly salary$49,358$39,641
Hourly rate$23.73$19.06
Growth rate-5%-8%
Number of jobs106,18770,846
Job satisfaction5-
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 57%
Average age5149
Years of experience62

What does a finance coordinator do?

Finance coordinators are skilled professionals who are employed by all types of industries to manage their financial records accurately. Under the supervision of financial managers, they correlate the company's accounts receivables and payables. They should be able to keep records together with documentation effectively to ensure precision and punctuality of deliverables. Their responsibilities include ensuring accurate billing of customers, managing billing issues and disputes, and making required adjustments to clients' accounts. Candidates for the job must be organized, detail-oriented, able to multi-task as well as cautiously handle sensitive information.

What does a registration coordinator do?

A registration coordinator is in charge of organizing and overseeing the registration procedures in programs and projects. Their duties primarily depend on their industry or place of employment. Still, it typically includes coordinating staff, managing the budgets and schedules, setting goals and guidelines, liaising with external parties, and developing strategies to optimize operations. Furthermore, a registration coordinator must monitor the progress of all efforts, resolve issues and concerns, and enforce the company's policies and regulations.

Finance coordinator vs registration coordinator salary

Finance coordinators and registration coordinators have different pay scales, as shown below.

Finance CoordinatorRegistration Coordinator
Average salary$49,358$39,641
Salary rangeBetween $34,000 And $71,000Between $28,000 And $54,000
Highest paying CityWashington, DC-
Highest paying stateMaryland-
Best paying companyMcKinsey & Company Inc-
Best paying industryProfessional-

Differences between finance coordinator and registration coordinator education

There are a few differences between a finance coordinator and a registration coordinator in terms of educational background:

Finance CoordinatorRegistration Coordinator
Most common degreeBachelor's Degree, 58%Bachelor's Degree, 57%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Finance coordinator vs registration coordinator demographics

Here are the differences between finance coordinators' and registration coordinators' demographics:

Finance CoordinatorRegistration Coordinator
Average age5149
Gender ratioMale, 22.1% Female, 77.9%Male, 18.9% Female, 81.1%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%Black or African American, 9.6% Unknown, 3.8% Hispanic or Latino, 12.0% Asian, 3.8% White, 70.6% American Indian and Alaska Native, 0.4%
LGBT Percentage7%9%

Differences between finance coordinator and registration coordinator duties and responsibilities

Finance coordinator example responsibilities.

  • Manage patient and insurance account receivables, perform patient account reconciliations, account audits, process insurance billing/correspondence.
  • Construct posts featuring highlights of past events on Facebook.
  • Enter EOB payments and denials and perform follow up with insurance company on denials.
  • Create promotional flyers for annual concerts and fundraisers which are posted through via Facebook and local areas.
  • Review and process EOB's daily, entering comments into the bill comment log as to status of follow up.
  • Produce basic PowerPoint presentation materials, including graphical renderings for illustration.
  • Show more

Registration coordinator example responsibilities.

  • Complete follow up calls to patients about their office visits and schedule surgery dates and times.
  • Provide Commercial/private health plans, Medicare and Medicaid metrics and data collection.
  • Call each patient day before surgery or procedure and give them their Pre-Op instructions and arrival time.
  • Complete Medicaid application for clients without insurance.
  • Communicate effectively with patients, physicians, insurance companies, case management and all hospital departments.
  • Provide follow-ups when necessary for patients regarding their insurance coverage status as it relates to clinical visits and/or medication prescriptions.
  • Show more

Finance coordinator vs registration coordinator skills

Common finance coordinator skills
  • Patients, 21%
  • Customer Service, 11%
  • Payroll, 5%
  • Reconciliations, 4%
  • Data Entry, 3%
  • Insurance Benefits, 3%
Common registration coordinator skills
  • Patients, 28%
  • Customer Service, 20%
  • Patient Registration, 8%
  • PowerPoint, 4%
  • Medical Terminology, 4%
  • Patient Demographics, 4%

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