How much does a Collections Specialist - Healthcare make in the United States? The average Collections Specialist - Healthcare salary in the United States is $45,656 as of February 26, 2024, but the range typically falls between $40,985 and $51,225. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Collections Specialist - Healthcare Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Collections Specialist - Healthcare Salary $36,733 US February 26, 2024
25th Percentile Collections Specialist - Healthcare Salary $40,985 US February 26, 2024
50th Percentile Collections Specialist - Healthcare Salary $45,656 US February 26, 2024
75th Percentile Collections Specialist - Healthcare Salary $51,225 US February 26, 2024
90th Percentile Collections Specialist - Healthcare Salary $56,295 US February 26, 2024
25% $40,985 10% $36,733 90% $56,295 75% $51,225 $45,656 50%(Median) Didn’t find job title? Click
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Check out Collections Specialist - Healthcare jobs in Ashburn, Virginia

Registered Peer Recovery Specialist

Pyramid Healthcare Inc - Newport News, VA

What skills does a Collections Specialist - Healthcare need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Customer Service: Customer service is the provision of service to customers before, during and after a purchase. The perception of success of such interactions is dependent on employees "who can adjust themselves to the personality of the guest". Customer service concerns the priority an organization assigns to customer service relative to components such as product innovation and pricing. In this sense, an organization that values good customer service may spend more money in training employees than the average organization or may proactively interview customers for feedback. From the point of view of an overall sales process engineering effort, customer service plays an important role in an organization's ability to generate income and revenue. From that perspective, customer service should be included as part of an overall approach to systematic improvement. One good customer service experience can change the entire perception a customer holds towards the organization.

2.

Credit Card: A credit card is a type of credit facility, provided by banks that allow customers to borrow funds within a pre-approved credit limit.

3.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

Customer Service 11.57%
Credit Card 1.7%
Futures 0.81%
Others 85.92%

Job Description for Collections Specialist - Healthcare

Collections Specialist - Healthcare is responsible for requesting payment and collecting overdue balances from patients. Contacts patients by phone or mail to request payment and to review their account details. Being a Collections Specialist - Healthcare responds to patient questions and sets up alternative pay plans if necessary. Maintains patient account records and resolves third party payer issues. Additionally, Collections Specialist - Healthcare typically requires a high school diploma. Typically reports to a supervisor or manager. The Collections Specialist - Healthcare works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Collections Specialist - Healthcare typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Collections Specialist - Healthcare

Career Path for Collections Specialist - Healthcare

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Collections Specialist - Healthcare, the upper level is Collections Representative III and then progresses to Collections Supervisor.

Those that have already made the climb...
Raymond V. Damadian, Chairman of the Board; Acting Principal Financial Officer; Director
FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates in two segments, Medical Equipment, and Physician Management and Di... More
Fiscal Year Ended in 2022
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Collections Specialist - Healthcare salary varies from city to city. Compared with national average salary of Collections Specialist - Healthcare, the highest Collections Specialist - Healthcare salary is in San Francisco, CA, where the Collections Specialist - Healthcare salary is 25.0% above. The lowest Collections Specialist - Healthcare salary is in Miami, FL, where the Collections Specialist - Healthcare salary is 2.9% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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Understand the total compensation opportunity for a Collections Specialist - Healthcare, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
40985
51225
45656

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
41103
51311
45740
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Collections Specialist - Healthcare in the United States. The base salary for Collections Specialist - Healthcare ranges from $40,985 to $51,225 with the average base salary of $45,656. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $41,103 to $51,311 with the average total cash compensation of $45,740.
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40985
51225

 

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Skills associated with Collections Specialist - Healthcare: Outbound Collection Calling, Credit and Collections Software, Negotiation, Bill Collections ...More

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Collections Specialist - Healthcare Salary in United States
Collections Specialist - Healthcare Salary Graph, Regional Distribution and Summary