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Account resolution specialist vs billing representative

The differences between account resolution specialists and billing representatives can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become an account resolution specialist, becoming a billing representative takes usually requires 1-2 years. Additionally, an account resolution specialist has an average salary of $35,602, which is higher than the $35,002 average annual salary of a billing representative.

The top three skills for an account resolution specialist include account resolution, outbound calls and inbound calls. The most important skills for a billing representative are patients, customer service, and data entry.

Account resolution specialist vs billing representative overview

Account Resolution SpecialistBilling Representative
Yearly salary$35,602$35,002
Hourly rate$17.12$16.83
Growth rate-8%-3%
Number of jobs87,71395,425
Job satisfaction--
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 30%
Average age4646
Years of experience122

What does an account resolution specialist do?

An account resolutions specialist works at a company's accounting department, where they are in charge of overseeing account receivables to ensure client compliance. Their responsibilities usually include conducting research and analysis, assessing client accounts and credit histories, coordinating with managers and collection agents, and monitoring delinquent accounts. They may also directly communicate with clients to follow-up on invoices, process payments, or even arrange new payment plans while adhering to the company's policies and regulations. Moreover, they must maintain records of all transactions and present regular reports to managers.

What does a billing representative do?

A billing representative assists with the overall operations of the organization's billing department. Billing representatives post payments timely on the database, update account statements, generate financial reports, release invoices, and resolve account discrepancies. They also perform client accounts reconciliation as needed, monitor account receivables, review overdated balance, and notify clients of payment updates to ensure accurate and timely billing. A billing representative must have strong analytical and communication skills to manage clients' accounts, as well as comprehensive knowledge on the accounting industry to explain the payment terms and policies of an organization to a client.

Account resolution specialist vs billing representative salary

Account resolution specialists and billing representatives have different pay scales, as shown below.

Account Resolution SpecialistBilling Representative
Average salary$35,602$35,002
Salary rangeBetween $29,000 And $43,000Between $28,000 And $42,000
Highest paying CityHartford, CTWorcester, MA
Highest paying stateConnecticutMassachusetts
Best paying companyAmerican ExpressRelevante
Best paying industryFinanceTechnology

Differences between account resolution specialist and billing representative education

There are a few differences between an account resolution specialist and a billing representative in terms of educational background:

Account Resolution SpecialistBilling Representative
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 30%
Most common majorBusinessBusiness
Most common college-Stanford University

Account resolution specialist vs billing representative demographics

Here are the differences between account resolution specialists' and billing representatives' demographics:

Account Resolution SpecialistBilling Representative
Average age4646
Gender ratioMale, 32.4% Female, 67.6%Male, 15.7% Female, 84.3%
Race ratioBlack or African American, 12.5% Unknown, 4.1% Hispanic or Latino, 18.9% Asian, 3.7% White, 60.4% American Indian and Alaska Native, 0.5%Black or African American, 10.4% Unknown, 4.3% Hispanic or Latino, 19.9% Asian, 7.3% White, 57.2% American Indian and Alaska Native, 0.9%
LGBT Percentage8%7%

Differences between account resolution specialist and billing representative duties and responsibilities

Account resolution specialist example responsibilities.

  • Manage accounts for healthcare clients, review detailed patient information for payment resolution while abiding HIPPA privacy and security regulations.
  • Research and resolve complex customer accounts while adhering to department policies and procedures, as well as FDCPA guidelines.
  • Resolve outstanding patient accounts by an integrate team dynamic with office administrators, insurance companies and patients.
  • Insure office practices are in compliance with HIPAA regulations.
  • Review and correction of diagnosis codes, CPT codes and modifiers.
  • Advise clients/debtors of necessary actions and strategies for debt repayment while using FDCPA and other government regulations.
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Billing representative example responsibilities.

  • Manage software programs for MSP accounts, monthly billing and EMC file transfers to Medicare.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Process orders in compliance with Medicare, Medicaid and private insurance verification guidelines; confirming customer's eligibility and insurance coverage.
  • Verify insurance eligibility for schedule appointments, and verify cash pricing for private pay patients who request cost by CPT code.
  • Submit and receive Medicare and Medicaid claims electronically on a daily basis.
  • Utilize extensive computer skills and coding knowledge to produce and submit physical therapy and occupational therapy claims through medicaid and medicare.
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Account resolution specialist vs billing representative skills

Common account resolution specialist skills
  • Account Resolution, 17%
  • Outbound Calls, 12%
  • Inbound Calls, 10%
  • Account Balances, 10%
  • Patients, 10%
  • Federal Regulations, 8%
Common billing representative skills
  • Patients, 18%
  • Customer Service, 13%
  • Data Entry, 6%
  • Medical Billing, 5%
  • Medicaid, 5%
  • Patient Accounts, 4%

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