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Hospital account manager vs account manager

The differences between hospital account managers and account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a hospital account manager and an account manager. Additionally, a hospital account manager has an average salary of $97,387, which is higher than the $68,535 average annual salary of an account manager.

The top three skills for a hospital account manager include customer service, patients and customer satisfaction. The most important skills for an account manager are customer service, account management, and healthcare.

Hospital account manager vs account manager overview

Hospital Account ManagerAccount Manager
Yearly salary$97,387$68,535
Hourly rate$46.82$32.95
Growth rate5%5%
Number of jobs110,403152,261
Job satisfaction-4
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 70%
Average age4646
Years of experience88

What does a hospital account manager do?

A hospital account manager serves as a liaison between the sales team and the customers. Your duties typically include ensuring that staff provides excellent customer service, cross-selling to customers, and marketing needs assessments. As a healthcare account manager, you are expected to give sales presentations as needed and get new accounts from medical centers, clinics, and hospitals. Additionally, this role will demand you to negotiate and sign contracts on behalf of the organization and ensure the availability of medical supplies to big clients.

What does an account manager do?

Account managers are employees who act as the bridge between the company they represent and the client of the company. They are assigned to handle specific clients so that the company will be able to tailor-fit any product or service according to the clients' requirements. Account managers are responsible for maintaining a harmonious relationship between the two parties by ensuring that any agreement made is amenable to both the company and the client. They are also responsible for ensuring that the company will be able to provide the needs of the client within any limitation that the client may have. Account managers also ensure that the company's reputation and well-being are always considered in any dealings.

Hospital account manager vs account manager salary

Hospital account managers and account managers have different pay scales, as shown below.

Hospital Account ManagerAccount Manager
Average salary$97,387$68,535
Salary rangeBetween $61,000 And $155,000Between $42,000 And $110,000
Highest paying City-San Francisco, CA
Highest paying state-Washington
Best paying company-NVIDIA
Best paying industry-Technology

Differences between hospital account manager and account manager education

There are a few differences between a hospital account manager and an account manager in terms of educational background:

Hospital Account ManagerAccount Manager
Most common degreeBachelor's Degree, 84%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Hospital account manager vs account manager demographics

Here are the differences between hospital account managers' and account managers' demographics:

Hospital Account ManagerAccount Manager
Average age4646
Gender ratioMale, 52.9% Female, 47.1%Male, 54.8% Female, 45.2%
Race ratioBlack or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2%Black or African American, 3.2% Unknown, 4.4% Hispanic or Latino, 9.8% Asian, 4.1% White, 78.2% American Indian and Alaska Native, 0.2%
LGBT Percentage7%7%

Differences between hospital account manager and account manager duties and responsibilities

Hospital account manager example responsibilities.

  • Manage accounts while providing excellent customer service, help build financial relationships, redirecting calls in upselling credit per customer needs
  • Call points include telemetry, med-surg, ICU, pharmacy and physician offices.
  • Call on anesthesiologists, home infusion pharmacies, surgery center buyers and oncology clinics in Arkansas, Mississippi and Tennessee.
  • Increase cardiology sales of Cordarone I.V.
  • Negotiate exclusive contracts for oncology and vaccine products at medical centers.
  • Verify estate status for bad debt patient collections and determine the eligibility of patients receiving financial assistance.
  • Show more

Account manager example responsibilities.

  • Manage financial departments with responsibility for managing payroll, bank re-consolidations, bank deposits, budgeting and cost control.
  • Manage $4 million territory encompassing three Mid-Atlantic states.
  • Manage new business and renewals for leading Saas legal solution.
  • Manage an inside sales territory of multiple states with Avaya technology solutions.
  • Negotiate and manage all contracts and pricing for IDN's in the territory.
  • Manage customers' accounts utilizing laptop and internet base CMS reporting software and ADM field guide.
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Hospital account manager vs account manager skills

Common hospital account manager skills
  • Customer Service, 23%
  • Patients, 16%
  • Customer Satisfaction, 16%
  • Account Management, 7%
  • Medicare, 4%
  • Sales Growth, 3%
Common account manager skills
  • Customer Service, 19%
  • Account Management, 8%
  • Healthcare, 6%
  • CRM, 6%
  • Product Knowledge, 5%
  • PowerPoint, 5%

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