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The differences between revenue specialists and specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a revenue specialist and a specialist. Additionally, a specialist has an average salary of $58,013, which is higher than the $44,779 average annual salary of a revenue specialist.
The top three skills for a revenue specialist include patients, revenue cycle and CPT. The most important skills for a specialist are patients, customer service, and work ethic.
| Revenue Specialist | Specialist | |
| Yearly salary | $44,779 | $58,013 |
| Hourly rate | $21.53 | $27.89 |
| Growth rate | -7% | 10% |
| Number of jobs | 28,763 | 358,433 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 49% |
| Average age | 48 | 42 |
| Years of experience | 2 | 2 |
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.
Specialists are employees who are responsible for specific tasks or activities in the department they are assigned to. The actions or tasks they work on are related to their educational background or work experiences. They are usually highly skilled in specializations related to the work they are assigned to. Specialists are also highly trained on the competencies that are required of their specialty. As such, they are focused on the skills and competencies that are needed to enhance their experience in their specific field further.
Revenue specialists and specialists have different pay scales, as shown below.
| Revenue Specialist | Specialist | |
| Average salary | $44,779 | $58,013 |
| Salary range | Between $28,000 And $71,000 | Between $32,000 And $104,000 |
| Highest paying City | Camden, NJ | Jersey City, NJ |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | McKinsey & Company Inc | The Citadel |
| Best paying industry | Manufacturing | - |
There are a few differences between a revenue specialist and a specialist in terms of educational background:
| Revenue Specialist | Specialist | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 49% |
| Most common major | Business | Business |
| Most common college | University of Southern California | Stanford University |
Here are the differences between revenue specialists' and specialists' demographics:
| Revenue Specialist | Specialist | |
| Average age | 48 | 42 |
| Gender ratio | Male, 24.3% Female, 75.7% | Male, 47.5% Female, 52.5% |
| Race ratio | 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% | Black or African American, 11.4% Unknown, 5.4% Hispanic or Latino, 16.4% Asian, 10.5% White, 55.9% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 8% | 11% |