Collection Manager Salary at Med Shield Inc BETA

How much does a Med Shield Inc Collection Manager make?

As of April 2025, the average annual salary for a Collection Manager at Med Shield Inc is $91,956, which translates to approximately $44 per hour. Salaries for Collection Manager at Med Shield Inc typically range from $80,455 to $103,923, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Med Shield Inc Overview

Website:
medshield.com
Size:
25 - 50 Employees
Revenue:
$10M - $50M
Industry:
Business Services

With over 25 years of experience, Med Shield, Inc. is a trusted and reliable provider of revenue cycle management in the U.S. healthcare system. Med Shield's solutions integrate business critical functions in every stage of the accounts receivable process. Because of the sensitive nature of health care collections, our goal is to approach every situation with understanding and superior customer service. With Med Shield, Inc., outsourcing the revenue cycle process is about more than simply reducing costs; it is about minimizing patient complaints and offering the same high quality of service provided within your facility.

See similar companies related to Med Shield Inc

What Skills Does a person Need at Med Shield Inc?

At Med Shield Inc, specify the abilities and skills that a person needs in order to carry out the specified job duties. 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. Accounts Receivable: Accounts receivable is a legally enforceable claim for payment held by a business for goods supplied and/or services rendered that customers/clients have ordered but not paid for. These are generally in the form of invoices raised by a business and delivered to the customer for payment within an agreed time frame. Accounts receivable is shown in a balance sheet as an asset. It is one of a series of accounting transactions dealing with the billing of a customer for goods and services that the customer has ordered. These may be distinguished from notes receivable, which are debts created through formal legal instruments called promissory notes.
  2. 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.
  3. Accounting: Creating financial statements and reports based on the summary of financial and business transactions.
  4. Leadership: Knowledge of and ability to employ effective strategies that motivate and guide other members within our business to achieve optimum results.
  5. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

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Check more jobs information at Med Shield Inc

Job Title Average Med Shield Inc Salary Hourly Rate
2 Account Manager $67,031 $32
3 Financial Assistant $50,723 $24
4 Information Technology Support $31,904 $15
5 Insurance Specialist $53,428 $26
6 IT System Administrator $70,518 $34
7 Accounts Receivable Specialist $46,498 $22
8 Collector $36,906 $18
9 Customer Service Representative $31,904 $15
10 Manager, Operations& Finance $102,452 $49
11 Sales $51,802 $25
12 Client Liaison $51,259 $25

Hourly Pay at Med Shield Inc

The average hourly pay at Med Shield Inc for a Collection Manager is $44 per hour. The location, department, and job description all have an impact on the typical compensation for Med Shield Inc positions. The pay range and total remuneration for the job title are shown in the table below. Med Shield Inc may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $91,956 look to you?

FAQ about Salary and Jobs at Med Shield Inc

1. How much does Med Shield Inc pay per hour?
The average hourly pay is $44. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Med Shield Inc?
According to the data, the highest approximate salary is about $103,923 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Med Shield Inc?
According to the data, the lowest estimated salary is about $80,455 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.