Medical accountant vs accounting analyst

The differences between medical accountants and accounting analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a medical accountant and an accounting analyst. Additionally, an accounting analyst has an average salary of $58,399, which is higher than the $43,023 average annual salary of a medical accountant.

The top three skills for a medical accountant include medical billing, reconciliations and patient accounts. The most important skills for an accounting analyst are reconciliations, customer service, and account reconciliations.

Medical accountant vs accounting analyst overview

	Medical Accountant	Accounting Analyst
Yearly salary	$43,023	$58,399
Hourly rate	$20.68	$28.08
Growth rate	6%	6%
Number of jobs	79,480	81,097
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 74%
Average age	44	44
Years of experience	4	4

Medical accountant vs accounting analyst salary

Medical accountants and accounting analysts have different pay scales, as shown below.

	Medical Accountant	Accounting Analyst
Average salary	$43,023	$58,399
Salary range	Between $25,000 And $71,000	Between $42,000 And $79,000
Highest paying City	Nashua, NH	San Francisco, CA
Highest paying state	New York	New York
Best paying company	LifePoint Health	Google
Best paying industry	Health Care	Finance

Differences between medical accountant and accounting analyst education

There are a few differences between a medical accountant and an accounting analyst in terms of educational background:

	Medical Accountant	Accounting Analyst
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 74%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Medical accountant vs accounting analyst demographics

Here are the differences between medical accountants' and accounting analysts' demographics:

	Medical Accountant	Accounting Analyst
Average age	44	44
Gender ratio	Male, 27.3% Female, 72.7%	Male, 41.6% Female, 58.4%
Race ratio	Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.1% Asian, 12.2% White, 63.7% American Indian and Alaska Native, 0.5%	Black or African American, 8.7% Unknown, 4.0% Hispanic or Latino, 11.0% Asian, 14.3% White, 61.6% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between medical accountant and accounting analyst duties and responsibilities

Medical accountant example responsibilities.

Maintain and order supplies, manage medical office, prepare office payroll.
Process all payroll deduction for employees that have outstanding balances including setting up new contracts and managing current deductions.
Post all EOB payments and adjustments.
File and forward secondary claims and process appeals.
Perform payment postings, deposit reconciliations, batch reviews, and adjustments.
Enter vendor invoices and cut checks on a bi-weekly basis using QuickBooks.

Accounting analyst example responsibilities.

Manage and process all ACH, EFT and wire transfer transactions daily (debit or credits).
Manage reconciling monthly discrepancies between ERP transfers.
Manage budget submissions by subsidiaries in Europe/AFNE region in Hyperion.
Establish investment objectives to efficiently manage IPO proceeds within state risk parameters.
Maintain accounting controls by following GAAP and internal accounting policies; maintain financial security by following internal controls.
Review and approve monthly general ledger and bank account reconciliations for special condition accounts to ensure procedural consistency and compliance.

Medical accountant vs accounting analyst skills

Common medical accountant skills

Medical Billing, 21%
Reconciliations, 16%
Patient Accounts, 11%
EOB, 10%
Appeals, 10%
Financial Reports, 8%

Common accounting analyst skills

Reconciliations, 12%
Customer Service, 7%
Account Reconciliations, 6%
GAAP, 5%
Strong Analytical, 4%
Payroll, 4%

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Medical Accountant vs Accounting Analyst

Updated January 8, 2025

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