Medical accountant vs project accountant

The differences between medical accountants and project 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 project accountant. Additionally, a project accountant has an average salary of $60,467, 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 project accountant are reconciliations, project management, and contract terms.

Medical accountant vs project accountant overview

	Medical Accountant	Project Accountant
Yearly salary	$43,023	$60,467
Hourly rate	$20.68	$29.07
Growth rate	6%	6%
Number of jobs	79,480	43,672
Job satisfaction	-	5
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 72%
Average age	44	44
Years of experience	4	4

Medical accountant vs project accountant salary

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

	Medical Accountant	Project Accountant
Average salary	$43,023	$60,467
Salary range	Between $25,000 And $71,000	Between $46,000 And $79,000
Highest paying City	Nashua, NH	Washington, DC
Highest paying state	New York	New Jersey
Best paying company	LifePoint Health	Perficient
Best paying industry	Health Care	Professional

Differences between medical accountant and project accountant education

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

	Medical Accountant	Project Accountant
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 72%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Medical accountant vs project accountant demographics

Here are the differences between medical accountants' and project accountants' demographics:

	Medical Accountant	Project Accountant
Average age	44	44
Gender ratio	Male, 27.3% Female, 72.7%	Male, 36.8% Female, 63.2%
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, 11.1% Asian, 12.3% White, 63.5% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between medical accountant and project 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.

Project accountant example responsibilities.

Maintain general ledgers, manage cash flow, prepare financial statements and bank reconciliations for multiple development and construction projects.
Assure timely accurate filing of all Medicare, Medicaid and commercial insurance claims.
Review the collection of Medicare, Medicaid and other receivables to ensure monthly goals are met.
Used DelTek to find discrepancies in employee charge hours.
Serve as major contributor in system conversion to new web-base ERP system.
Identify and rectify accounting errors that have incurred in the past and ensure adherence to IFRS.

Medical accountant vs project accountant skills

Common medical accountant skills

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

Common project accountant skills

Reconciliations, 8%
Project Management, 6%
Contract Terms, 5%
Purchase Orders, 4%
Deltek, 4%
Revenue Recognition, 4%

Medical Accountant vs. similar jobs

Medical Accountant related careers

Medical Accountant related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Medical Accountant
Medical Accountant vs Project Accountant

Updated January 8, 2025

Browse business and financial jobs