How Much Do Patient Account Representatives Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary patient account representatives make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for patient account representatives and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of patient account representatives are offering as compensation.
Keep reading to learn more about how much patient account representatives can expect to make in the United States.
At a Glance: Salary & Jobs for Patient Account Representatives
According to data from 2022, there were about 191,786 positions for patient account representatives in the United States. In terms of salary, the national median salary for patient account representatives was reported to be $47,195. Additionally, when examining job demand, employers across the country posted 213,345 job postings related to positions for patient account representatives.
How Much Money Do Patient Account Representatives Make?
Median salary is just one data point. To build a better understanding of how much money patient account representatives and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for patient account representatives.
Annual Salary for Patient Account Representatives
According to the BLS, the lowest earners for patient account representatives and related professions earned about $31,720 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $75,462 annually.
As mentioned previously, the median salary for patient account representatives in the United States in 2022 was $47,195.
Annual Salary Range For Patient Account Representatives In 2022
Hourly Salary for Patient Account Representatives
The BLS also breaks down compensation for patient account representatives by hourly salary, and the median average hourly pay for patient account representatives in 2022 was $23. Lowest hourly earners took home $15 while the highest reported hourly salaries for patient account representatives was $36.
Hourly Salary Range For Patient Account Representatives In 2022
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Advertised Compensation for Patient Account Representatives
Data from the BLS is one way to dig into compensation for patient account representatives, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for patient account representatives.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Patient Account Representatives
Advertised Annual Salary
During a review of 202,709 job postings related to patient account representatives, advertised salary was included in 57,912 of them, which was 29%. Based on those postings, the median advertised salary for patient account representatives was $44,672 per year.
Hourly Salary from Job Postings for Patient Account Representatives
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for patient account representatives. Based on 27% of postings with advertised compensation, the median hourly salary for open positions for patient account representatives in the United States is about $21.
Salary Trend for Patient Account Representatives
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for patient account representatives. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for patient account representatives dating back to September 2019, advertised salaries for patient account representatives have increased 16%.
Advertised Wage Trend For Patient Account Representatives
What's the Job Growth for Patient Account Representatives?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for patient account representatives over the next 10 years.
According to the data obtained through Lightcast,™ there were 191,809 jobs for patient account representatives in the United States in 2022. By 2032, it is expected that about 23,756 jobs will be added. That's a 12.4% increase over the next 10-year period.
Employment Projections For Patient Account Representatives
Additional Links
Ready to dig deeper into career information about patient account representatives? Visit our other pages focused on salary and education for patient account representatives.
What do patient account representatives do?
Patient Account Representatives: How do you become one?
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