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Revenue specialist vs certified medical technician

The differences between revenue specialists and certified medical technicians can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a revenue specialist, becoming a certified medical technician takes usually requires 6-12 months. Additionally, a revenue specialist has an average salary of $44,779, which is higher than the $38,859 average annual salary of a certified medical technician.

The top three skills for a revenue specialist include patients, revenue cycle and CPT. The most important skills for a certified medical technician are patients, vital signs, and CPR.

Revenue specialist vs certified medical technician overview

Revenue SpecialistCertified Medical Technician
Yearly salary$44,779$38,859
Hourly rate$21.53$18.68
Growth rate-7%5%
Number of jobs28,763164,424
Job satisfaction--
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 28%
Average age4844
Years of experience212

What does a revenue specialist do?

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.

What does a certified medical technician do?

Certified Medical Technicians are specialists in medical diagnoses by performing laboratory testing and analysis for hospitals and physicians. Their duties include lab sanitization to prepare for testing and collection, recording medical samples for testing, specimen preparation, blood drawing for donation and testing, and assisting physicians with sample collection as well as equipment handling in surgical rooms. They must also understand how to use complex and sensitive testing equipment such as cell counters, analyzers, microscopes, and centrifuges.

Revenue specialist vs certified medical technician salary

Revenue specialists and certified medical technicians have different pay scales, as shown below.

Revenue SpecialistCertified Medical Technician
Average salary$44,779$38,859
Salary rangeBetween $28,000 And $71,000Between $28,000 And $53,000
Highest paying CityCamden, NJDenton, TX
Highest paying stateNew JerseyAlaska
Best paying companyMcKinsey & Company IncFavorite Healthcare Staffing
Best paying industryManufacturingHealth Care

Differences between revenue specialist and certified medical technician education

There are a few differences between a revenue specialist and a certified medical technician in terms of educational background:

Revenue SpecialistCertified Medical Technician
Most common degreeBachelor's Degree, 52%Bachelor's Degree, 28%
Most common majorBusinessNursing
Most common collegeUniversity of Southern CaliforniaUniversity of Connecticut

Revenue specialist vs certified medical technician demographics

Here are the differences between revenue specialists' and certified medical technicians' demographics:

Revenue SpecialistCertified Medical Technician
Average age4844
Gender ratioMale, 24.3% Female, 75.7%Male, 20.4% Female, 79.6%
Race ratioBlack 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%Black or African American, 15.9% Unknown, 5.0% Hispanic or Latino, 14.6% Asian, 10.0% White, 53.8% American Indian and Alaska Native, 0.8%
LGBT Percentage8%8%

Differences between revenue specialist and certified medical technician duties and responsibilities

Revenue specialist example responsibilities.

  • Process account receivables, charge entry, claims, and reimbursement in adherence to Medicare and all HMO guidelines.
  • Establish a strong understanding of ICD-9 diagnosis and medical inventory codes.
  • Work claim edits to ensure clean claim billing to Medicare/Medicare HMO's.
  • Review the complex medical records and accurately codes primary/secondary diagnoses and procedures using ICD-10-CM and CPT coding conventions.
  • Initiate appeals and ensure required documentation are submitted in the appeals process.
  • Complete appeals when authorization are not obtain and or unusual procedure are performed.
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Certified medical technician example responsibilities.

  • Maintain the cleanliness of storage areas, trays, centrifuges, refrigerators, freezers and work area.
  • Administer medications to patients according to their medication record as scheduled, as needed according to physician orders.
  • Perform laboratory test and procedures in areas including chemistry, hematology, urinalysis, coagulation, serology, and bacteriology.
  • Perform first aid and apply CPR when necessary.
  • Perform first aid or CPR during medical emergencies until paramedics arrive.
  • Assist the residents in their ADL needs and prepare their meals.
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Revenue specialist vs certified medical technician skills

Common revenue specialist skills
  • Patients, 17%
  • Revenue Cycle, 13%
  • CPT, 6%
  • Data Entry, 5%
  • Medical Terminology, 5%
  • Medicaid, 5%
Common certified medical technician skills
  • Patients, 17%
  • Vital Signs, 12%
  • CPR, 8%
  • Administer Medications, 7%
  • Resident Care, 6%
  • HIPAA, 6%

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