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The differences between registration specialists and revenue specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a registration specialist, becoming a revenue specialist takes usually requires 1-2 years. Additionally, a revenue specialist has an average salary of $44,779, which is higher than the $30,422 average annual salary of a registration specialist.
The top three skills for a registration specialist include patients, customer service and medical terminology. The most important skills for a revenue specialist are patients, revenue cycle, and CPT.
| Registration Specialist | Revenue Specialist | |
| Yearly salary | $30,422 | $44,779 |
| Hourly rate | $14.63 | $21.53 |
| Growth rate | -4% | -7% |
| Number of jobs | 79,118 | 28,763 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 52% |
| Average age | 40 | 48 |
| Years of experience | 4 | 2 |
A registration specialist is responsible for managing patient information, including the verification of their insurance details and medical treatment schedules. Registration specialists assign admission rooms and processing payments for discharge. They also assist patients with the completion of medical forms by helping them fill-out papers with the most accurate information. A registration specialist performs administrative and clerical duties as needed, requiring them to have excellent data management skills to process information and provide the highest quality care services for the patients.
A revenue specialist is in charge of overseeing and processing payments for their company, ensuring accuracy and timeliness. Their responsibilities revolve around reviewing invoices and insurance claims, monitoring tax deductions and expenses, liaising with external parties, collecting payments, producing progress and revenue reports, and maintaining records of all transactions. Furthermore, as a revenue specialist, it is essential to devise strategies for managing revenues, all while upholding the company's policies and regulations, including its vision and mission.
Registration specialists and revenue specialists have different pay scales, as shown below.
| Registration Specialist | Revenue Specialist | |
| Average salary | $30,422 | $44,779 |
| Salary range | Between $23,000 And $40,000 | Between $28,000 And $71,000 |
| Highest paying City | Boston, MA | Camden, NJ |
| Highest paying state | Massachusetts | New Jersey |
| Best paying company | Deloitte | McKinsey & Company Inc |
| Best paying industry | Health Care | Manufacturing |
There are a few differences between a registration specialist and a revenue specialist in terms of educational background:
| Registration Specialist | Revenue Specialist | |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 52% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Southern California |
Here are the differences between registration specialists' and revenue specialists' demographics:
| Registration Specialist | Revenue Specialist | |
| Average age | 40 | 48 |
| Gender ratio | Male, 14.5% Female, 85.5% | Male, 24.3% Female, 75.7% |
| Race ratio | Black or African American, 10.7% Unknown, 5.1% Hispanic or Latino, 18.0% Asian, 6.0% White, 59.5% American Indian and Alaska Native, 0.7% | Black or African American, 12.9% Unknown, 3.2% Hispanic or Latino, 16.2% Asian, 9.9% White, 57.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 8% |