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The differences between patient coordinators and finance coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a patient coordinator, becoming a finance coordinator takes usually requires 4-6 years. Additionally, a finance coordinator has an average salary of $49,358, which is higher than the $32,954 average annual salary of a patient coordinator.
The top three skills for a patient coordinator include patients, customer service and patient care. The most important skills for a finance coordinator are patients, customer service, and payroll.
| Patient Coordinator | Finance Coordinator | |
| Yearly salary | $32,954 | $49,358 |
| Hourly rate | $15.84 | $23.73 |
| Growth rate | -4% | -5% |
| Number of jobs | 97,878 | 106,187 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 40% | Bachelor's Degree, 58% |
| Average age | 40 | 51 |
| Years of experience | 4 | 6 |
A patient coordinator functions as the primary point of contact between health care professionals and patients in a medical facility. They mostly perform administrative tasks such as greeting visitors, answering calls, responding to inquiries, managing schedules, arranging appointments, processing payments, gathering information, and keeping records. Moreover, they assist in filling out forms, escorting patients to different rooms or offices, and setting treatment plans. Most importantly, they discuss and share necessary information with patients and families regarding medications, procedures, and proceeding care according to a physician's assessment.
Finance coordinators are skilled professionals who are employed by all types of industries to manage their financial records accurately. Under the supervision of financial managers, they correlate the company's accounts receivables and payables. They should be able to keep records together with documentation effectively to ensure precision and punctuality of deliverables. Their responsibilities include ensuring accurate billing of customers, managing billing issues and disputes, and making required adjustments to clients' accounts. Candidates for the job must be organized, detail-oriented, able to multi-task as well as cautiously handle sensitive information.
Patient coordinators and finance coordinators have different pay scales, as shown below.
| Patient Coordinator | Finance Coordinator | |
| Average salary | $32,954 | $49,358 |
| Salary range | Between $25,000 And $41,000 | Between $34,000 And $71,000 |
| Highest paying City | Brockton, MA | Washington, DC |
| Highest paying state | Massachusetts | Maryland |
| Best paying company | University of California, Berkeley | McKinsey & Company Inc |
| Best paying industry | Health Care | Professional |
There are a few differences between a patient coordinator and a finance coordinator in terms of educational background:
| Patient Coordinator | Finance Coordinator | |
| Most common degree | Bachelor's Degree, 40% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between patient coordinators' and finance coordinators' demographics:
| Patient Coordinator | Finance Coordinator | |
| Average age | 40 | 51 |
| Gender ratio | Male, 11.2% Female, 88.8% | Male, 22.1% Female, 77.9% |
| Race ratio | Black or African American, 11.1% Unknown, 5.3% Hispanic or Latino, 25.4% Asian, 6.2% White, 51.4% American Indian and Alaska Native, 0.7% | Black or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 7% | 7% |