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Senior patient account representative vs collections specialist

The differences between senior patient account representatives and collections 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 a collections specialist. Additionally, a senior patient account representative has an average salary of $57,603, which is higher than the $35,164 average annual salary of a collections specialist.

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

Senior patient account representative vs collections specialist overview

Senior Patient Account RepresentativeCollections Specialist
Yearly salary$57,603$35,164
Hourly rate$27.69$16.91
Growth rate-8%-8%
Number of jobs126,39940,277
Job satisfaction--
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 34%
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 a collections specialist do?

As their name entails, collections specialists collect payments for the outstanding accounts receivables. Collections specialists list the names of those who were unable to pay their overdue bills based on their delinquency severity. They locate the customers through loan documents, background checks, credit bureau information, and other databases or paperwork. These specialists are expected to be excellent in their negotiation and communication skills. They should also be trustworthy, reliable, and act professionally to be considered as good specialists.

Senior patient account representative vs collections specialist salary

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

Senior Patient Account RepresentativeCollections Specialist
Average salary$57,603$35,164
Salary rangeBetween $32,000 And $101,000Between $27,000 And $45,000
Highest paying City-Boston, MA
Highest paying state-Connecticut
Best paying company-Kent Daniels & Associates
Best paying industry-Finance

Differences between senior patient account representative and collections specialist education

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

Senior Patient Account RepresentativeCollections Specialist
Most common degreeBachelor's Degree, 36%Bachelor's Degree, 34%
Most common majorBusinessBusiness
Most common college--

Senior patient account representative vs collections specialist demographics

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

Senior Patient Account RepresentativeCollections Specialist
Average age4646
Gender ratioMale, 11.6% Female, 88.4%Male, 30.5% Female, 69.5%
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, 12.2% Unknown, 4.1% Hispanic or Latino, 18.5% Asian, 3.7% White, 61.0% American Indian and Alaska Native, 0.5%
LGBT Percentage8%8%

Differences between senior patient account representative and collections 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

Collections specialist example responsibilities.

  • Manage university A/R processes and enforce tuition payment policy.
  • Manage accounts for healthcare clients, review detailed patient information for payment resolution while abiding HIPPA privacy and security regulations.
  • Review denied Medicare and Maine Medicaid insurance claims for accuracy.
  • Analyze hospital insurance claims of individual patients for errors and contact major insurance carriers for claims dispute resolution.
  • Analyze accounts for patients ineligible for private insurance, Medicare or Medicaid and indicating inability to pay balance.
  • Possess effective persuasion and negotiation skills, excellent interpersonal and communications skills with the ability to deliver quality customer service.
  • Show more

Senior patient account representative vs collections specialist skills

Common senior patient account representative skills
  • Patients, 20%
  • CPT, 9%
  • Data Entry, 8%
  • Medical Terminology, 6%
  • Medicaid, 6%
  • Appeals, 5%
Common collections specialist skills
  • Customer Service, 23%
  • Patients, 8%
  • Customer Accounts, 6%
  • Payment Arrangements, 5%
  • Delinquent Accounts, 4%
  • Phone Calls, 4%

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