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Medical collections specialist vs collections, customer service

The differences between medical collections specialists and collectionss, customer service can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a medical collections specialist and a collections, customer service. Additionally, a medical collections specialist has an average salary of $36,249, which is higher than the $32,870 average annual salary of a collections, customer service.

The top three skills for a medical collections specialist include patients, healthcare and medical collections. The most important skills for a collections, customer service are strong customer service, customer service, and payment arrangements.

Medical collections specialist vs collections, customer service overview

Medical Collections SpecialistCollections, Customer Service
Yearly salary$36,249$32,870
Hourly rate$17.43$15.80
Growth rate-8%-8%
Number of jobs83,342161,544
Job satisfaction--
Most common degreeAssociate Degree, 28%High School Diploma, 33%
Average age4646
Years of experience1212

What does a medical collections specialist do?

Medical collections specialists are responsible for the collection of insurance claims. The responsibilities of this position include locating debtors, contacting debtors to address the overdue payments, keeping records of debts, collecting updated information on client accounts and payments, processing payments, and reviewing records to ensure they are accurate. They also conduct follow ups for insurance reimbursement, repossess claims, draft appeals, and resolve unpaid claims.

What does a collections, customer service do?

A collections customer service or collections agent is the person who is in charge of collecting past-due bill payments. Collections agents establish a list of individuals who failed to make their payments. They organize the list based on the severity of their delinquency. It is their task to find the location of the customers through background checks, credit bureau information, and loan documents. Those who are interested in this job should develop skills in intuition, quick thinking, problem-solving, and communication.

Medical collections specialist vs collections, customer service salary

Medical collections specialists and collectionss, customer service have different pay scales, as shown below.

Medical Collections SpecialistCollections, Customer Service
Average salary$36,249$32,870
Salary rangeBetween $30,000 And $43,000Between $27,000 And $39,000
Highest paying CityTracy, CADanvers, MA
Highest paying stateConnecticutVirginia
Best paying companyPacific MedicalUniversity of California
Best paying industryProfessionalAutomotive

Differences between medical collections specialist and collections, customer service education

There are a few differences between a medical collections specialist and a collections, customer service in terms of educational background:

Medical Collections SpecialistCollections, Customer Service
Most common degreeAssociate Degree, 28%High School Diploma, 33%
Most common majorHealth Care AdministrationBusiness
Most common college--

Medical collections specialist vs collections, customer service demographics

Here are the differences between medical collections specialists' and collectionss, customer service' demographics:

Medical Collections SpecialistCollections, Customer Service
Average age4646
Gender ratioMale, 19.5% Female, 80.5%Male, 29.3% Female, 70.7%
Race ratioBlack or African American, 12.8% Unknown, 4.1% Hispanic or Latino, 20.8% Asian, 3.7% White, 58.1% American Indian and Alaska Native, 0.5%Black or African American, 11.4% Unknown, 4.2% Hispanic or Latino, 20.3% Asian, 3.8% White, 59.8% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between medical collections specialist and collections, customer service duties and responsibilities

Medical collections specialist example responsibilities.

  • Manage accounts for healthcare clients, review detailed patient information for payment resolution while abiding HIPPA privacy and security regulations.
  • Job duties include collecting on HMO, PPO, Medicare, and HMO Medicaid.
  • Work directly with Medicare and HMO Medicaid plans, and statewide HMO/PPO/POS plans.
  • Reprocess denied medical claims using extensive appeal tactics or special appeals processing instructions for commercial and government carriers.
  • Adhere to all HIPAA guidelines as well as various policies and guidelines.
  • Provide itemized billing statements and screen HIPAA authorization forms for hundreds of legal firms.
  • Show more

Collections, customer service example responsibilities.

  • Monitor all assign accounts by reviewing the client's aging, manage all potential bad debit, DSO, aging.
  • Provide excellent verbal, written, oral communication skills, attend ongoing training of collections and FDCPA regulations and guidelines.
  • Provide excellent interpersonal, negotiation, and customer service skills via telephone.
  • Research accounts to verify credits and debits make are accurately post against supporting documents showing timely reflect within the FDCPA guidelines.
  • Prevent impending loss and increase profitability through negotiation and enforcement of schedule collection campaigns.
  • Submit additional information request by insurance companies such as medical records, primary/secondary insurance explanation of benefits (EOB).
  • Show more

Medical collections specialist vs collections, customer service skills

Common medical collections specialist skills
  • Patients, 19%
  • Healthcare, 14%
  • Medical Collections, 7%
  • Medicaid, 5%
  • Patient Accounts, 5%
  • Appeals, 5%
Common collections, customer service skills
  • Strong Customer Service, 45%
  • Customer Service, 12%
  • Payment Arrangements, 5%
  • Credit Card Payments, 4%
  • Delinquent Accounts, 4%
  • Past Due Accounts, 3%

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