Medical accountant vs staff accountant

The differences between medical accountants and staff 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 staff accountant. Additionally, a staff accountant has an average salary of $54,216, 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 staff accountant are reconciliations, account reconciliations, and GAAP.

Medical accountant vs staff accountant overview

	Medical Accountant	Staff Accountant
Yearly salary	$43,023	$54,216
Hourly rate	$20.68	$26.07
Growth rate	6%	6%
Number of jobs	79,480	115,930
Job satisfaction	-	4
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 76%
Average age	44	44
Years of experience	4	4

Medical accountant vs staff accountant salary

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

	Medical Accountant	Staff Accountant
Average salary	$43,023	$54,216
Salary range	Between $25,000 And $71,000	Between $42,000 And $68,000
Highest paying City	Nashua, NH	Washington, DC
Highest paying state	New York	New York
Best paying company	LifePoint Health	Meta
Best paying industry	Health Care	Government

Differences between medical accountant and staff accountant education

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

	Medical Accountant	Staff Accountant
Most common degree	Bachelor's Degree, 43%	Bachelor's Degree, 76%
Most common major	Accounting	Accounting
Most common college	University of Pennsylvania	University of Pennsylvania

Medical accountant vs staff accountant demographics

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

	Medical Accountant	Staff Accountant
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, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 14.4% White, 61.9% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	7%

Differences between medical accountant and staff 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.

Staff accountant example responsibilities.

Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
Contribute revenue accruals using job cost system, fix assets including reclassification, reconciliation and depreciation.
Prepare month-end journal entries and assist in compilation of financial statements, reconcile bank statements and general ledgers.
Complete audit-quality account reconciliations monthly for balance sheet accounts including the capital projects in progress accounts and miscellaneous revenue accounts.
Assume responsibility for cash management encompassing wire and ACH transfers processing, bank activity confirmation, and monthly bank account reconciliations.
Handle all A/R and A/P, payroll, change orders, collections, lien placement and release, vendor account management.

Medical accountant vs staff accountant skills

Common medical accountant skills

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

Common staff accountant skills

Reconciliations, 15%
Account Reconciliations, 7%
GAAP, 6%
General Ledger Accounts, 4%
External Auditors, 4%
Internal Controls, 4%