Senior collector vs account specialist

The differences between senior collectors and account specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a senior collector and an account specialist. Additionally, a senior collector has an average salary of $85,626, which is higher than the $42,586 average annual salary of an account specialist.

The top three skills for a senior collector include customer service, payment arrangements and past due accounts. The most important skills for an account specialist are customer service, patients, and account management.

Senior collector vs account specialist overview

	Senior Collector	Account Specialist
Yearly salary	$85,626	$42,586
Hourly rate	$41.17	$20.47
Growth rate	-8%	-8%
Number of jobs	5,614	116,010
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 54%
Average age	46	46
Years of experience	12	12

Senior collector vs account specialist salary

Senior collectors and account specialists have different pay scales, as shown below.

	Senior Collector	Account Specialist
Average salary	$85,626	$42,586
Salary range	Between $50,000 And $145,000	Between $28,000 And $62,000
Highest paying City	-	Washington, DC
Highest paying state	-	Virginia
Best paying company	-	Microsoft
Best paying industry	-	Finance

Differences between senior collector and account specialist education

There are a few differences between a senior collector and an account specialist in terms of educational background:

	Senior Collector	Account Specialist
Most common degree	Bachelor's Degree, 41%	Bachelor's Degree, 54%
Most common major	Business	Business
Most common college	-	-

Senior collector vs account specialist demographics

Here are the differences between senior collectors' and account specialists' demographics:

	Senior Collector	Account Specialist
Average age	46	46
Gender ratio	Male, 40.1% Female, 59.9%	Male, 32.2% Female, 67.8%
Race ratio	Black or African American, 13.4% Unknown, 4.1% Hispanic or Latino, 20.9% Asian, 3.7% White, 57.4% American Indian and Alaska Native, 0.5%	Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage	8%	8%

Differences between senior collector and account specialist duties and responsibilities

Senior collector example responsibilities.

Accomplish the above in compliance with HIPAA regulations.
Manage re-billings for third party accounts including: commercial carriers, manage care, PPO, POS and HMO organizations.
Record CPT codes and ICD-9 codes on billing forms.
Develop and pursue collection strategies to reduce the DSO.
Process credit cards, purchase cards, ACH payments.
Used the Medicaid web portal to check claim status and eligibility.

Account specialist example responsibilities.

Cultivate productive long-term relationships with all assign accounts, and manage all reporting and presentation needs for RFP's.
Manage a portfolio of accounts end to end RFP program execution inclusive of pricing, contracting, process and technology solutions.
Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
Deliver exceptional customer service to hospital accounts and internal sales representatives in accordance to revenue recognition policies and HIPAA regulations.
Experience with CMS 1500 and UB-04 claims using HCPC/CPT codes as well as NDC codes
Monitor CMS and real time aux codes.

Senior collector vs account specialist skills

Common senior collector skills

Customer Service, 16%
Payment Arrangements, 13%
Past Due Accounts, 6%
Debt Repayment, 5%
Loss Mitigation, 5%
FDCPA, 4%

Common account specialist skills

Customer Service, 25%
Patients, 13%
Account Management, 6%
PowerPoint, 4%
Data Entry, 4%
Catheter, 3%