What is the salary range of Collections Specialist - Healthcare?

As of January 01, 2025, the average annual salary for a Collections Specialist - Healthcare in Waldorf, MD is $51,959. Salary.com reports that pay typically ranges from $46,639 to $58,296, with most professionals earning between $41,795 and $64,064.

Collections Specialist - Healthcare Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $52,519 $4,377 $1,010 $25
Average $46,810 $3,901 $900 $23
25th Percentile $42,017 $3,501 $808 $20

Average Salary

25% $46,639 10% $41,795 90% $64,064 75% $58,296 $51,959 50%(Median) Didn’t find job title? Click
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Last Updated on January 01, 2025
Last Updated on January 01, 2025
Levels Salary
Entry Level Collections Specialist - Healthcare $49,836
Intermediate Level Collections Specialist - Healthcare $49,994
Senior Level Collections Specialist - Healthcare $52,038
Specialist Level Collections Specialist - Healthcare $54,667
Expert Level Collections Specialist - Healthcare $54,855
$49,836 0 yr
$49,994 < 2 yrs
$52,038 2-4 yrs
$54,667 5-8 yrs
$54,855 > 8 yrs
Last Updated on January 01, 2025
Entry Level 6%
Mid Level 7%
Senior Level 11%
Top Level 17%
Experienced 17%
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Last Updated on January 01, 2025

Job Openings of Collections Specialist - Healthcare

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Cost of Living In Waldorf, MD

Cost of Living in Waldorf , MD is
44.9% Higher
than the National Average
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.

Best-Paid Skills and Qualifications for Collections Specialist - Healthcare

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 16.75%
Credit Card 2.46%
Futures 1.17%
Others 79.62%
View as Table
What skills can make your compensation higher?
Mastering certain skills can make the compensation of a Collections Specialist - Healthcare higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Computer Systems, you can get a 20% salary raise. If you are good at Analysis, your salary will increase by 13%. If you are expert in Products and Services, your salary will rise by 10%.
Skill Salary Demand
Computer Systems
$62,351
20%
Analysis
$58,714
13%
Products and Services
$57,155
10%
Customer Relationship
$57,155
10%
Initiative
$57,155
10%
Collaboration
$56,116
8%
Last Updated on January 01, 2025

About Our Data

Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

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The average salary for a Collections Specialist - Healthcare is $51,959 per year in Waldorf, MD, updated at January 01, 2025.
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