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The differences between medical practice managers and patient account managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a medical practice manager and a patient account manager. Additionally, a medical practice manager has an average salary of $108,938, which is higher than the $70,777 average annual salary of a patient account manager.
The top three skills for a medical practice manager include healthcare, patients and patient satisfaction. The most important skills for a patient account manager are patients, customer service, and patient accounts.
| Medical Practice Manager | Patient Account Manager | |
| Yearly salary | $108,938 | $70,777 |
| Hourly rate | $52.37 | $34.03 |
| Growth rate | 28% | 28% |
| Number of jobs | 80,707 | 152,009 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 55% |
| Average age | 47 | 47 |
| Years of experience | 6 | 6 |
A medical practice manager is an administrator that runs a medical facility. They are sometimes referred to as medical managers, medical practice administrators, healthcare administrators, or healthcare executives. Their duties include staffing, scheduling, ensuring compliance with regulations, managing revenue cycles, and overseeing data security procedures. They are also tasked with finding ways to reduce overhead, improving efficiency, and providing assistance when the office is short staffed.
A patient account manager is responsible for supervising patient accounts, processing claims and payments, and resolving insurance discrepancies. Patient account managers coordinate with insurance companies to verify claims records and update patients' information in the database. They also handle the budget for the department and join the senior management in strategizing techniques to improve account operations and processes. A patient account manager must have excellent organizational and leadership skills, especially in managing disputes and assisting the patient account representatives with their inquiries and concerns.
Medical practice managers and patient account managers have different pay scales, as shown below.
| Medical Practice Manager | Patient Account Manager | |
| Average salary | $108,938 | $70,777 |
| Salary range | Between $56,000 And $209,000 | Between $42,000 And $117,000 |
| Highest paying City | Providence, RI | - |
| Highest paying state | Delaware | - |
| Best paying company | Beaufort Memorial Hospital | - |
| Best paying industry | Health Care | - |
There are a few differences between a medical practice manager and a patient account manager in terms of educational background:
| Medical Practice Manager | Patient Account Manager | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 55% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between medical practice managers' and patient account managers' demographics:
| Medical Practice Manager | Patient Account Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 19.7% Female, 80.3% | Male, 20.2% Female, 79.8% |
| Race ratio | Black or African American, 11.9% Unknown, 4.3% Hispanic or Latino, 14.2% Asian, 7.8% White, 61.1% American Indian and Alaska Native, 0.7% | Black or African American, 11.9% Unknown, 4.3% Hispanic or Latino, 14.9% Asian, 7.1% White, 61.1% American Indian and Alaska Native, 0.7% |
| LGBT Percentage | 12% | 12% |