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The differences between hospital account managers and managers, account executive 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 a manager, account executive. Additionally, a hospital account manager has an average salary of $97,387, which is higher than the $67,275 average annual salary of a manager, account executive.
The top three skills for a hospital account manager include customer service, patients and customer satisfaction. The most important skills for a manager, account executive are business development, revenue growth, and sales process.
| Hospital Account Manager | Manager, Account Executive | |
| Yearly salary | $97,387 | $67,275 |
| Hourly rate | $46.82 | $32.34 |
| Growth rate | 5% | 5% |
| Number of jobs | 110,403 | 191,240 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 74% |
| Average age | 46 | 46 |
| Years of experience | 8 | 8 |
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.
An account executive manager is responsible for handling client accounts and leading the account management procedures to promote the client's brand image in the market and maintain the highest satisfaction. Account executive managers work with the marketing and sales team to identify sales and promotional strategies that would increase revenues and product profits. They also review the current market trends to develop business opportunities according to client needs and public demands. An account executive manager coordinates with the clients for regular updates and informs them of business plan adjustments as needed.
Hospital account managers and managers, account executive have different pay scales, as shown below.
| Hospital Account Manager | Manager, Account Executive | |
| Average salary | $97,387 | $67,275 |
| Salary range | Between $61,000 And $155,000 | Between $38,000 And $117,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | AbbVie |
| Best paying industry | - | Technology |
There are a few differences between a hospital account manager and a manager, account executive in terms of educational background:
| Hospital Account Manager | Manager, Account Executive | |
| Most common degree | Bachelor's Degree, 84% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between hospital account managers' and managers, account executive' demographics:
| Hospital Account Manager | Manager, Account Executive | |
| Average age | 46 | 46 |
| Gender ratio | Male, 52.9% Female, 47.1% | Male, 57.1% Female, 42.9% |
| Race ratio | 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% | 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 Percentage | 7% | 7% |