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Senior patient account representative vs accounts receivable specialist

The differences between senior patient account representatives and accounts receivable 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 patient account representative and an accounts receivable specialist. Additionally, a senior patient account representative has an average salary of $57,603, which is higher than the $39,873 average annual salary of an accounts receivable specialist.

The top three skills for a senior patient account representative include patients, CPT and data entry. The most important skills for an accounts receivable specialist are customer service, patients, and data entry.

Senior patient account representative vs accounts receivable specialist overview

Senior Patient Account RepresentativeAccounts Receivable Specialist
Yearly salary$57,603$39,873
Hourly rate$27.69$19.17
Growth rate-8%-8%
Number of jobs126,39961,988
Job satisfaction-4.5
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 45%
Average age4646
Years of experience1212

What does a senior patient account representative do?

A senior patient account representative typically works at a hospital, clinic, or other medical facility. They handle matters concerning medical insurance claims and patient billing. Their duties include collecting and processing payments, arranging billing and payment plans, coordinating with insurance providers, verifying patient information, and maintaining accurate records. They also directly assist patients by answering inquiries, explaining payment arrangements and other details, keeping an open communication line with patients and insurance providers, and settling refunds. They also supervise junior patient account representatives.

What does an accounts receivable specialist do?

Accounts receivable specialists are members of the organization's finance or accounting department. They are responsible for managing the collection of payments for the company. They prepare official receipts and coordinate with account payable specialists from other companies with pending payables. They ensure that clients pay on time, and they also follow up on payments when necessary. They are responsible for checking whether the clients have already paid in full. Accounts receivable specialists are in charge of updating accounting records as well to ensure that client records are up to date.

Senior patient account representative vs accounts receivable specialist salary

Senior patient account representatives and accounts receivable specialists have different pay scales, as shown below.

Senior Patient Account RepresentativeAccounts Receivable Specialist
Average salary$57,603$39,873
Salary rangeBetween $32,000 And $101,000Between $31,000 And $50,000
Highest paying City-Washington, DC
Highest paying state-Connecticut
Best paying company-InfosysPublicService
Best paying industry-Technology

Differences between senior patient account representative and accounts receivable specialist education

There are a few differences between a senior patient account representative and an accounts receivable specialist in terms of educational background:

Senior Patient Account RepresentativeAccounts Receivable Specialist
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 45%
Most common majorBusinessBusiness
Most common college--

Senior patient account representative vs accounts receivable specialist demographics

Here are the differences between senior patient account representatives' and accounts receivable specialists' demographics:

Senior Patient Account RepresentativeAccounts Receivable Specialist
Average age4646
Gender ratioMale, 11.6% Female, 88.4%Male, 18.2% Female, 81.8%
Race ratioBlack or African American, 14.3% Unknown, 4.1% Hispanic or Latino, 18.2% Asian, 3.6% White, 59.3% American Indian and Alaska Native, 0.5%Black or African American, 12.9% Unknown, 4.2% Hispanic or Latino, 19.0% Asian, 3.9% White, 59.6% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between senior patient account representative and accounts receivable specialist duties and responsibilities

Senior patient account representative example responsibilities.

  • Manage Facebook and patient communication programs.
  • Review physician's documentation to ensure correct CPT codes and ICD-9 codes are billed correctly for services render.
  • Use online referral system to obtain authorization for treatment for a specialist office using ICD-9 and CPT codes.
  • Train new staff in billing and follow-up of Medicaid HMO plans including both the hospital and electronic billing system.
  • Provide reports and information to various clients; comply with HIPAA regulations.
  • Input ICD-9 codes and HCPC to help with calculating cost for each patient.
  • Show more

Accounts receivable specialist example responsibilities.

  • Manage profitable accounts receivable ledgers for existing and new clientele maintaining accuracy of monies enter to appropriate relate account.
  • Perform accounts reconciliations, complex invoice research, statement reconciliations, complex invoice research, statement reconciliation and journal entries.
  • Follow company's standard operating procedures in cooperation with Medicare, Medicaid and private insurance providers to resolve billing issues.
  • Cash and credit allocation of customer payments in ROSS ERP system.
  • Prepare PowerPoint presentations, word documents, letters and spreadsheets while meeting deadlines.
  • Reconcile direct billing accounts and adjust product pricing utilizing JD Edwards EnterpriseONE ERP system.
  • Show more

Senior patient account representative vs accounts receivable specialist skills

Common senior patient account representative skills
  • Patients, 20%
  • CPT, 9%
  • Data Entry, 8%
  • Medical Terminology, 6%
  • Medicaid, 6%
  • Appeals, 5%
Common accounts receivable specialist skills
  • Customer Service, 15%
  • Patients, 9%
  • Data Entry, 5%
  • Credit Card Payments, 4%
  • Reconciliations, 4%
  • Accounts Receivables, 3%

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