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The differences between senior billing specialists and collections coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a senior billing specialist, becoming a collections coordinator takes usually requires 6-12 months. Additionally, a senior billing specialist has an average salary of $52,255, which is higher than the $37,938 average annual salary of a collections coordinator.
The top three skills for a senior billing specialist include patients, CPT and billing issues. The most important skills for a collections coordinator are customer service, patients, and phone calls.
| Senior Billing Specialist | Collections Coordinator | |
| Yearly salary | $52,255 | $37,938 |
| Hourly rate | $25.12 | $18.24 |
| Growth rate | -3% | -8% |
| Number of jobs | 40,195 | 40,113 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 48% |
| Average age | 46 | 46 |
| Years of experience | 2 | 12 |
A senior billing specialist processes and manages the billing systems of their company. They are in charge of processing necessary payments to clients and business partners and generating and providing invoices. They keep a record of all payment information. They also manage payment due dates and remind clients of the payment deadlines.
Usually working alongside a company's account receivables team, a collections coordinator is in charge of developing strategies to optimize the payment collection operations. Among their responsibilities include reaching out to clients through calls or correspondence to remind them of their payment obligations, arranging appointments, processing payments, arranging payment terms, and researching a client's communication information such as cellphone number, address, or email. Moreover, a collections coordinator must maintain an active communication line with staff while promoting and enforcing the company's policies and regulations.
Senior billing specialists and collections coordinators have different pay scales, as shown below.
| Senior Billing Specialist | Collections Coordinator | |
| Average salary | $52,255 | $37,938 |
| Salary range | Between $36,000 And $73,000 | Between $30,000 And $47,000 |
| Highest paying City | Washington, DC | New York, NY |
| Highest paying state | Maryland | Connecticut |
| Best paying company | Five9 | University of California, Berkeley |
| Best paying industry | Technology | Professional |
There are a few differences between a senior billing specialist and a collections coordinator in terms of educational background:
| Senior Billing Specialist | Collections Coordinator | |
| Most common degree | Bachelor's Degree, 41% | Bachelor's Degree, 48% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | - |
Here are the differences between senior billing specialists' and collections coordinators' demographics:
| Senior Billing Specialist | Collections Coordinator | |
| Average age | 46 | 46 |
| Gender ratio | Male, 16.2% Female, 83.8% | Male, 26.6% Female, 73.4% |
| Race ratio | Black or African American, 11.5% Unknown, 4.4% Hispanic or Latino, 17.8% Asian, 7.6% White, 57.9% American Indian and Alaska Native, 0.9% | Black or African American, 12.1% Unknown, 4.1% Hispanic or Latino, 20.8% Asian, 3.6% White, 59.0% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 7% | 8% |