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Medical accountant vs fixed asset accountant

The differences between medical accountants and fixed asset accountants 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 a fixed asset accountant. Additionally, a fixed asset accountant has an average salary of $59,691, 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 a fixed asset accountant are fixed assets, reconciliations, and asset system.

Medical accountant vs fixed asset accountant overview

Medical AccountantFixed Asset Accountant
Yearly salary$43,023$59,691
Hourly rate$20.68$28.70
Growth rate6%6%
Number of jobs79,48042,860
Job satisfaction--
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 77%
Average age4444
Years of experience44

Medical accountant vs fixed asset accountant salary

Medical accountants and fixed asset accountants have different pay scales, as shown below.

Medical AccountantFixed Asset Accountant
Average salary$43,023$59,691
Salary rangeBetween $25,000 And $71,000Between $46,000 And $76,000
Highest paying CityNashua, NHNew York, NY
Highest paying stateNew YorkNew York
Best paying companyLifePoint HealthApple
Best paying industryHealth CareEnergy

Differences between medical accountant and fixed asset accountant education

There are a few differences between a medical accountant and a fixed asset accountant in terms of educational background:

Medical AccountantFixed Asset Accountant
Most common degreeBachelor's Degree, 43%Bachelor's Degree, 77%
Most common majorAccountingAccounting
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Medical accountant vs fixed asset accountant demographics

Here are the differences between medical accountants' and fixed asset accountants' demographics:

Medical AccountantFixed Asset Accountant
Average age4444
Gender ratioMale, 27.3% Female, 72.7%Male, 43.8% Female, 56.2%
Race ratioBlack 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, 8.4% Unknown, 4.0% Hispanic or Latino, 10.7% Asian, 13.0% White, 63.4% American Indian and Alaska Native, 0.5%
LGBT Percentage7%7%

Differences between medical accountant and fixed asset accountant 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.
  • Show more

Fixed asset accountant example responsibilities.

  • Lead the discussions on the level of asset componentization with respect to compliance IFRS standards.
  • Prepare internal financial reports for treasury manage accounts include in external compliance reports.
  • Monitor purchase orders and calculate month-end accruals.
  • Support internal and external audit requirements and verify SOX documentation.
  • Calculate and reconcile deferred rent liability accruals for office leases.
  • Set up a consolidate and centralize SOX depository for require documentation.
  • Show more

Medical accountant vs fixed asset accountant skills

Common medical accountant skills
  • Medical Billing, 21%
  • Reconciliations, 16%
  • Patient Accounts, 11%
  • EOB, 10%
  • Appeals, 10%
  • Financial Reports, 8%
Common fixed asset accountant skills
  • Fixed Assets, 16%
  • Reconciliations, 8%
  • Asset System, 6%
  • GAAP, 5%
  • Financial Statements, 4%
  • Account Reconciliations, 4%

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