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The differences between patient account coordinators and insurance coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become a patient account coordinator, becoming an insurance coordinator takes usually requires 2-4 years. Additionally, a patient account coordinator has an average salary of $35,695, which is higher than the $32,788 average annual salary of an insurance coordinator.
The top three skills for a patient account coordinator include patients, patient accounts and credit balances. The most important skills for an insurance coordinator are patients, customer service, and insurance verification.
| Patient Account Coordinator | Insurance Coordinator | |
| Yearly salary | $35,695 | $32,788 |
| Hourly rate | $17.16 | $15.76 |
| Growth rate | -8% | -3% |
| Number of jobs | 148,258 | 108,509 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 34% | Bachelor's Degree, 36% |
| Average age | 46 | 44 |
| Years of experience | 12 | 4 |
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.
An insurance coordinator is responsible for evaluating and validating insurance information to verify claims and process the necessary claims resolutions for parties. Insurance coordinators submit claims statements timely to the insurance officers for review, coordinate with the clients for inquiries and updates, and reach out to medical institutions for accurate filing of payments. An insurance coordinator must have excellent communication and analytical skills to assess reports, resolve claims discrepancies, and escalate high-level complaints to the officers for immediate action.
Patient account coordinators and insurance coordinators have different pay scales, as shown below.
| Patient Account Coordinator | Insurance Coordinator | |
| Average salary | $35,695 | $32,788 |
| Salary range | Between $30,000 And $41,000 | Between $25,000 And $41,000 |
| Highest paying City | - | Oakland, CA |
| Highest paying state | - | New Hampshire |
| Best paying company | - | University of California, Berkeley |
| Best paying industry | - | Pharmaceutical |
There are a few differences between a patient account coordinator and an insurance coordinator in terms of educational background:
| Patient Account Coordinator | Insurance Coordinator | |
| Most common degree | Bachelor's Degree, 34% | Bachelor's Degree, 36% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between patient account coordinators' and insurance coordinators' demographics:
| Patient Account Coordinator | Insurance Coordinator | |
| Average age | 46 | 44 |
| Gender ratio | Male, 12.0% Female, 88.0% | Male, 9.9% Female, 90.1% |
| 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, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 11% |