Who Makes More Money: Phlebotomists or Medical Assistants?
Contents
- Who makes more money- Phlebotomists or Medical Assistants?
- What is the difference between a Phlebotomist and Medical Assistant?
- What are the duties of a Phlebotomist?
- What are the duties of a Medical Assistant?
- What is the job outlook for Phlebotomists?
- What is the job outlook for Medical Assistants?
- What are the salary prospects for Phlebotomists?
- What are the salary prospects for Medical Assistants?
- What are the career paths for Phlebotomists?
- What are the career paths for Medical Assistants?
We all know that money isn’t everything. But when it comes to our careers, it’s important to know how much we can expect to earn. So, who makes more money: phlebotomists or medical assistants?
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Who makes more money- Phlebotomists or Medical Assistants?
There are many factors to consider when trying to determine which profession will result in a higher salary. Education level, years of experience, geographical location, and the size of the company for which you work are all important variables. With that said, we can take a look at some data to try to get a better understanding of which profession, on average, results in a higher salary.
According to the Bureau of Labor Statistics (BLS), the median annual salary for phlebotomists in 2018 was $34,480. Medical assistants on the other hand, had a median annual salary of $33,610 in 2018. So, based on these numbers alone, it would appear that phlebotomists make slightly more than medical assistants though the difference is not significant.
However, it’s important to note that these figures represent median salaries across all experience levels. When looking at salary data specific to experience level, we see a different story. For example, entry-level phlebotomists (those with 0-5 years of experience) have an average salary of $28,960 while entry-level medical assistants have an average salary of $31,620. In other words, on average, entry-level medical assistants make nearly 10% more than entry-level phlebotomists.
As we move up the experience ladder, medical assistants continue to outearn their phlebotomist counterparts. For example, experienced medical assistants (those with 5-10 years of experience) have an average salary of $36 980 while experienced phlebotomists earn an average of $35 280. That’s a difference of nearly 4%.
At the top end of the spectrum (those with 20+ years of experience), medical assistants earn an average salary of $41 140 while phlebotomists earn an average closer to $38 840. So even at this level, medical assistants appear to make somewhat more than phlebotomists though again, the difference is not dramatic.
In summary then, while both professions offer relatively modest salaries compared to some other healthcare positions out there), it does appear that medical assistants make slightly more money than phlebotomists on both an hourly and yearly basis across all levels of experience.
What is the difference between a Phlebotomist and Medical Assistant?
Medical assistants and phlebotomists are both important members of the healthcare team. Phlebotomists draw blood for tests, transfusions, research, or blood donations, and medical assistants perform a variety of administrative and clinical tasks to keep doctors’ offices, clinics, and other healthcare facilities running smoothly. So which one makes more money?
In general, medical assistants earn slightly more than phlebotomists. According to the Bureau of Labor Statistics (BLS), the median annual salary for medical assistants was $34,800 in 2018, while phlebotomists earned a median salary of $33,670. However, there is a wide range of salaries in both occupations, and earnings depend on factors such as experience, location, and employer.
Medical assistants may earn more because they have a broader range of responsibilities than phlebotomists. In addition to performing basic clerical tasks and assisting with patient care, medical assistants may also be responsible for billing and coding insurance claims, scheduling appointments, handling correspondence, and ordering supplies. Some medical assistants also have specialized training in areas such as x-ray technology or electrocardiography (EKG).
Phlebotomists typically receive on-the-job training that lasts from several weeks to a few months. Medical assistants usually need to complete a postsecondary education program that lasts from one to two years. Therefore, medical assistants may start out earning more because they have completed more formal training than phlebotomists.
What are the duties of a Phlebotomist?
A phlebotomist is a professional who is trained to draw blood from patients for medical purposes. Phlebotomists are typically employed by hospitals, clinics, or blood banks, and they may also travel to patients’ homes to collect blood samples. In some cases, phlebotomists may also be responsible for preparing blood samples for laboratory analysis.
The duties of a phlebotomist include verifying the identity of patients, explaining the blood-drawing procedure, disinfecting the skin and inserting the needle into the vein, drawing the required amount of blood, and applying pressure to the puncture site to stop bleeding. Phlebotomists must take care to avoid causing pain or anxiety in their patients.
In general, phlebotomists earn less than medical assistants; however, earnings can vary depending on experience and location.
What are the duties of a Medical Assistant?
Medical assistants are unlicensed individuals who perform basic supportive tasks in a medical office or clinic, such as handling correspondence, scheduling appointments, keeping medical records greeting patients and preparing them for examination. They may also take patients’ vital signs and explain treatment procedures to them. In some states, they may be allowed to give injections or remove sutures. Most medical assistants have postsecondary education of some kind, although it may not be from an accredited institution.
What is the job outlook for Phlebotomists?
Job growth for Phlebotomists is expected to be much faster than average for all occupations through 2022, according to the US Bureau of Labor Statistics. This field is predicted to grow 27 percent in the next decade, which is much faster than the average job growth rate of 11 percent. The demand for Phlebotomists will stem from an aging population and the need for blood tests and transfusions.
The median annual salary for Phlebotomists was $32,710 in 2012, according to the US Bureau of Labor Statistics. The top 10 percent of earners made more than $52,250, while the bottom 10 percent made less than $21,880.
What is the job outlook for Medical Assistants?
The job outlook for medical assistants is very positive. In fact, according to the Bureau of Labor Statistics, the employment of medical assistants is expected to grow much faster than the average for all occupations between 2018 and 2028. This growth is largely due to the increasing number of aging baby boomers who will need more medical care as they age.
What are the salary prospects for Phlebotomists?
Phlebotomists are in high demand and the field is expected to grow by 27% in the next ten years. As a result, salaries for Phlebotomists are on the rise. The median salary for a Phlebotomist is $33,670 per year, with the top 10% of earners making over $48,600. In comparison, medical assistants make a median salary of $30,590 per year, with the top 10% of earners making over $43,800. Therefore, while both medical assistants and phlebotomists make comparable salaries overall, phlebotomists have the potential to earn more.
What are the salary prospects for Medical Assistants?
Medical Assistants are among the fastest growing occupations in the United States with an expected job growth of 29% from 2016 to 2026.* With such promising prospects, it’s no wonder that so many people are considering a career in medical assisting. But what about salary? How much can you expect to earn as a medical assistant?
The answer, unfortunately, is not black and white. Medical assistants make different salaries based on experience, location, and other factors. Therefore, it’s difficult to give a definitive answer to this question.
However, we can look at some data to get a better idea of what medical assistants typically earn. According to the Bureau of Labor Statistics (BLS), the median annual salary for medical assistants was $32,480 in May 2016.* This means that half of all medical assistants earned less than $32,480 per year, while half earned more.
So how does this compare to other occupations? Well, according to the BLS, the median annual salary for phlebotomists was $32,710 in May 2016.* This means that phlebotomists earned slightly more than medical assistants on average. However, it’s important to remember that there is a lot of variation in both salaries and that these numbers should be taken as general guidelines only.
In conclusion, there is no easy answer to the question of who makes more money: phlebotomists or medical assistants. It depends on a variety of factors such as experience, location, and employer. However, on average, phlebotomists do tend to earn slightly more than medical assistants.
What are the career paths for Phlebotomists?
Phlebotomy is the process of making incisions in veins to draw blood. It is used for medical purposes such as taking blood samples for testing or donating blood. Phlebotomists are trained professionals who specialize in this procedure.
Medical assistants, on the other hand, are multi-skilled health care workers who perform both clinical and administrative tasks in hospitals, clinics, and other health care settings. They may also be called Medical Administrative Assistants or medical office assistants.
So, which career path makes more money: phlebotomy or medical assisting? According to the U.S. Bureau of Labor Statistics (BLS), the median annual salary for phlebotomists was $34,480 in May 2019. For medical assistants, the median annual salary was $34,800 in May 2019. Thus, both phlebotomists and medical assistants earn a median annual salary of about $34,000.
What are the career paths for Medical Assistants?
Medical Assistants are health care professionals that provide patient care and perform administrative and clerical tasks in medical offices and clinics. They work closely with doctors and nurses and often have direct contact with patients. Medical Assistants may work in a variety of settings, including hospitals, private medical practices, HMOs, and community health centers.
There are two primary career paths for Medical Assistants: clinical Medical Assistants and administrative Medical Assistants. Clinical Medical Assistants provide direct patient care, such as taking vital signs, assisting with examinations, and performing minor medical procedures. Administrative Medical Assistants handle the business side of a medical practice, such as scheduling appointments, maintaining Medical records billing insurance companies, and handling correspondence.
While most Medical Assistants have at least a high school diploma, some employers may prefer candidates who have completed a postsecondary training program. There are many accredited medical assistant programs offered at community colleges and vocational schools. These programs typically take about one year to complete and include both classroom instruction and hands-on training in a medical office or clinic setting.