Recovery collector vs bill collector

The differences between recovery collectors and bill collectors 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 a bill collector. Additionally, a recovery collector has an average salary of $35,897, which is higher than the $35,585 average annual salary of a bill collector.

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

Recovery collector vs bill collector overview

	Recovery Collector	Bill Collector
Yearly salary	$35,897	$35,585
Hourly rate	$17.26	$17.11
Growth rate	-8%	-8%
Number of jobs	7,204	23,746
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 38%	High School Diploma, 27%
Average age	46	46
Years of experience	12	12

Recovery collector vs bill collector salary

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

	Recovery Collector	Bill Collector
Average salary	$35,897	$35,585
Salary range	Between $25,000 And $51,000	Between $30,000 And $40,000
Highest paying City	-	Pittsfield, MA
Highest paying state	-	Virginia
Best paying company	-	Retina Group Of Washington
Best paying industry	-	Finance

Differences between recovery collector and bill collector education

There are a few differences between a recovery collector and a bill collector in terms of educational background:

	Recovery Collector	Bill Collector
Most common degree	Bachelor's Degree, 38%	High School Diploma, 27%
Most common major	Business	Business
Most common college	-	-

Recovery collector vs bill collector demographics

Here are the differences between recovery collectors' and bill collectors' demographics:

	Recovery Collector	Bill Collector
Average age	46	46
Gender ratio	Male, 42.2% Female, 57.8%	Male, 20.0% Female, 80.0%
Race ratio	Black 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, 11.8% Unknown, 4.0% Hispanic or Latino, 24.0% Asian, 3.5% White, 56.3% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between recovery collector and bill collector 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.

Bill collector example responsibilities.

Prevent impeding loss and increasing profitability through negotiation and enforcement of schedule collection campaigns, consistently achieving high success standards.
Follow HIPPA and FDCPA guidelines to ensure legal collection practices are utilized.
Bill and collect all skil Medicare, and other insurance claims which include HMO claims denials.
Provide patients with information and resources essential to their financial needs including payment arrangements and account reminders.
Take payments by ACH and debit cards.
Collect A/R payments from medical insurance companies and customers.

Recovery collector vs bill collector 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 bill collector skills

Patients, 19%
Customer Service, 7%
Medicaid, 6%
Medical Billing, 4%
Patient Accounts, 4%
Appeals, 4%