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Recovery collector vs account specialist

The differences between recovery collectors and account specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a recovery collector and an account specialist. Additionally, an account specialist has an average salary of $42,586, which is higher than the $35,897 average annual salary of a recovery collector.

The top three skills for a recovery collector include inbound calls, outbound calls and credit card accounts. The most important skills for an account specialist are customer service, patients, and account management.

Recovery collector vs account specialist overview

Recovery CollectorAccount Specialist
Yearly salary$35,897$42,586
Hourly rate$17.26$20.47
Growth rate-8%-8%
Number of jobs7,204116,010
Job satisfaction--
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 54%
Average age4646
Years of experience1212

Recovery collector vs account specialist salary

Recovery collectors and account specialists have different pay scales, as shown below.

Recovery CollectorAccount Specialist
Average salary$35,897$42,586
Salary rangeBetween $25,000 And $51,000Between $28,000 And $62,000
Highest paying City-Washington, DC
Highest paying state-Virginia
Best paying company-Microsoft
Best paying industry-Finance

Differences between recovery collector and account specialist education

There are a few differences between a recovery collector and an account specialist in terms of educational background:

Recovery CollectorAccount Specialist
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common college--

Recovery collector vs account specialist demographics

Here are the differences between recovery collectors' and account specialists' demographics:

Recovery CollectorAccount Specialist
Average age4646
Gender ratioMale, 42.2% Female, 57.8%Male, 32.2% Female, 67.8%
Race ratioBlack or African American, 13.3% Unknown, 3.9% Hispanic or Latino, 20.0% Asian, 3.6% White, 58.8% American Indian and Alaska Native, 0.5%Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between recovery collector and account specialist duties and responsibilities

Recovery collector example responsibilities.

  • Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
  • Resolve errors by resubmitting correct or unacknowledge claims, appeals, and other documentation require for timely filing.
  • Secure modification documents including HAMP and bank require documents.

Account specialist example responsibilities.

  • Cultivate productive long-term relationships with all assign accounts, and manage all reporting and presentation needs for RFP's.
  • Manage a portfolio of accounts end to end RFP program execution inclusive of pricing, contracting, process and technology solutions.
  • Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Deliver exceptional customer service to hospital accounts and internal sales representatives in accordance to revenue recognition policies and HIPAA regulations.
  • Experience with CMS 1500 and UB-04 claims using HCPC/CPT codes as well as NDC codes
  • Monitor CMS and real time aux codes.
  • Show more

Recovery collector vs account specialist skills

Common recovery collector skills
  • Inbound Calls, 10%
  • Outbound Calls, 9%
  • Credit Card Accounts, 8%
  • Delinquent Accounts, 8%
  • Credit Bureaus, 7%
  • Customer Service, 6%
Common account specialist skills
  • Customer Service, 25%
  • Patients, 13%
  • Account Management, 6%
  • PowerPoint, 4%
  • Data Entry, 4%
  • Catheter, 3%

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