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The differences between patient account coordinators and collections coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a patient account coordinator and a collections coordinator. Additionally, a collections coordinator has an average salary of $37,938, which is higher than the $35,695 average annual salary of a patient account coordinator.
The top three skills for a patient account coordinator include patients, patient accounts and credit balances. The most important skills for a collections coordinator are customer service, patients, and phone calls.
| Patient Account Coordinator | Collections Coordinator | |
| Yearly salary | $35,695 | $37,938 |
| Hourly rate | $17.16 | $18.24 |
| Growth rate | -8% | -8% |
| Number of jobs | 148,258 | 40,113 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 34% | Bachelor's Degree, 48% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
A patient account coordinator ensures that the medical records of a patient are consolidated and updated with necessary and accurate information for ease of access by medical staff and other departments within a medical facility. You will capture and record patient information for easy access, handle patient billing and related inquiries, and help patients fill out the required paperwork. Patient account coordinators schedule and follow up patient appointments, set up and manage patient accounts and information therein, and coordinate and follow up on insurance benefits.
Usually working alongside a company's account receivables team, a collections coordinator is in charge of developing strategies to optimize the payment collection operations. Among their responsibilities include reaching out to clients through calls or correspondence to remind them of their payment obligations, arranging appointments, processing payments, arranging payment terms, and researching a client's communication information such as cellphone number, address, or email. Moreover, a collections coordinator must maintain an active communication line with staff while promoting and enforcing the company's policies and regulations.
Patient account coordinators and collections coordinators have different pay scales, as shown below.
| Patient Account Coordinator | Collections Coordinator | |
| Average salary | $35,695 | $37,938 |
| Salary range | Between $30,000 And $41,000 | Between $30,000 And $47,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | Connecticut |
| Best paying company | - | University of California, Berkeley |
| Best paying industry | - | Professional |
There are a few differences between a patient account coordinator and a collections coordinator in terms of educational background:
| Patient Account Coordinator | Collections Coordinator | |
| Most common degree | Bachelor's Degree, 34% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between patient account coordinators' and collections coordinators' demographics:
| Patient Account Coordinator | Collections Coordinator | |
| Average age | 46 | 46 |
| Gender ratio | Male, 12.0% Female, 88.0% | Male, 26.6% Female, 73.4% |
| Race ratio | Black or African American, 12.7% Unknown, 4.2% Hispanic or Latino, 19.1% Asian, 4.0% White, 59.5% American Indian and Alaska Native, 0.5% | Black or African American, 12.1% Unknown, 4.1% Hispanic or Latino, 20.8% Asian, 3.6% White, 59.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |