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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 | Collections Specialist | |
| Yearly salary | $57,603 | $35,164 |
| Hourly rate | $27.69 | $16.91 |
| Growth rate | -8% | -8% |
| Number of jobs | 126,399 | 40,277 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 34% |
| Average age | 46 | 46 |
| Years of experience | 12 | 12 |
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.
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 representatives and collections specialists have different pay scales, as shown below.
| Senior Patient Account Representative | Collections Specialist | |
| Average salary | $57,603 | $35,164 |
| Salary range | Between $32,000 And $101,000 | Between $27,000 And $45,000 |
| Highest paying City | - | Boston, MA |
| Highest paying state | - | Connecticut |
| Best paying company | - | Kent Daniels & Associates |
| Best paying industry | - | Finance |
There are a few differences between a senior patient account representative and a collections specialist in terms of educational background:
| Senior Patient Account Representative | Collections Specialist | |
| Most common degree | Bachelor's Degree, 36% | Bachelor's Degree, 34% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between senior patient account representatives' and collections specialists' demographics:
| Senior Patient Account Representative | Collections Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 11.6% Female, 88.4% | Male, 30.5% Female, 69.5% |
| Race ratio | Black 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 Percentage | 8% | 8% |