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The differences between senior patient account representatives and debt collectors 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 debt collector. Additionally, a senior patient account representative has an average salary of $57,603, which is higher than the $33,865 average annual salary of a debt collector.
The top three skills for a senior patient account representative include patients, CPT and data entry. The most important skills for a debt collector are customer service, outbound calls, and payment arrangements.
| Senior Patient Account Representative | Debt Collector | |
| Yearly salary | $57,603 | $33,865 |
| Hourly rate | $27.69 | $16.28 |
| Growth rate | -8% | -8% |
| Number of jobs | 126,399 | 23,385 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 36% | High School Diploma, 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.
Debt collectors are also known as collection agencies and are responsible for recovering past due debts. Most of them are hired by companies to collect debt either for a fee or a percentage of the total amount recovered. Also, some debt collectors buy delinquent debts at a discount and seek to collect the debt's full amount. They have many strategies to collect debts, including calling debtor's phones, sending letters, and even visiting them at their home. However, if debtors fail to pay their due, debt collectors can either update the debtor's credit report or sue them over debt. Once sued and debtors ignore court hearings and lose by default, results could either be garnishment on debtor'debtors' wages or levies on their bank.
Senior patient account representatives and debt collectors have different pay scales, as shown below.
| Senior Patient Account Representative | Debt Collector | |
| Average salary | $57,603 | $33,865 |
| Salary range | Between $32,000 And $101,000 | Between $26,000 And $43,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | California |
| Best paying company | - | Mayor Ethan Berkowitz |
| Best paying industry | - | Construction |
There are a few differences between a senior patient account representative and a debt collector in terms of educational background:
| Senior Patient Account Representative | Debt Collector | |
| Most common degree | Bachelor's Degree, 36% | High School Diploma, 34% |
| Most common major | Business | Business |
| Most common college | - | - |
Here are the differences between senior patient account representatives' and debt collectors' demographics:
| Senior Patient Account Representative | Debt Collector | |
| Average age | 46 | 46 |
| Gender ratio | Male, 11.6% Female, 88.4% | Male, 30.7% Female, 69.3% |
| 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, 4.0% Hispanic or Latino, 20.0% Asian, 3.4% White, 59.9% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 8% |