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The differences between managed care coordinators and practice managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a managed care coordinator and a practice manager. Additionally, a practice manager has an average salary of $107,374, which is higher than the $40,176 average annual salary of a managed care coordinator.
The top three skills for a managed care coordinator include patients, social work and home health. The most important skills for a practice manager are patients, patient care, and customer service.
| Managed Care Coordinator | Practice Manager | |
| Yearly salary | $40,176 | $107,374 |
| Hourly rate | $19.32 | $51.62 |
| Growth rate | 28% | 28% |
| Number of jobs | 84,786 | 38,196 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
Managed care coordinators handle various operational and medical issues for a health care facility or insurance company. Their duties include ensuring effective communication between medical facilities, patients, and insurance companies, handling medical files and documentation requests, and communicating with physicians and other health care professionals to process referrals and authorize services. In addition, they are responsible for maintaining managed care contracts and preparing reports, and working closely with care management members to assess health needs and facilitate services.
A practice manager is responsible for supervising daily operations, especially on the side of the medical industry. Practice managers monitor staffing needs, train new employees, and evaluate the employees' productivity and performance. They also enforce strict guidelines and procedures, ensuring that the processes adhere to the legal standards and regulatory requirements. Practice managers also maintain budget goals, creating cost estimates and expense reports. A practice manager must have strong communication, analytical, and critical-thinking skills, as well as comprehensive knowledge of the medical industry practices.
Managed care coordinators and practice managers have different pay scales, as shown below.
| Managed Care Coordinator | Practice Manager | |
| Average salary | $40,176 | $107,374 |
| Salary range | Between $26,000 And $60,000 | Between $65,000 And $175,000 |
| Highest paying City | Boston, MA | Providence, RI |
| Highest paying state | New Jersey | Rhode Island |
| Best paying company | St. John's Episcopal Hospital | Davis Wright Tremaine |
| Best paying industry | Health Care | Technology |
There are a few differences between a managed care coordinator and a practice manager in terms of educational background:
| Managed Care Coordinator | Practice Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 55% |
| Most common major | Nursing | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between managed care coordinators' and practice managers' demographics:
| Managed Care Coordinator | Practice Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 15.8% Female, 84.2% | Male, 25.3% Female, 74.7% |
| Race ratio | Black or African American, 11.3% Unknown, 4.3% Hispanic or Latino, 14.5% Asian, 7.7% White, 61.5% American Indian and Alaska Native, 0.7% | Black or African American, 11.9% Unknown, 4.3% Hispanic or Latino, 14.2% Asian, 7.9% White, 61.0% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 12% | 12% |