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Account resolution specialist vs billing specialist

The differences between account resolution specialists and billing specialists 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 specialist takes usually requires 1-2 years. Additionally, a billing specialist has an average salary of $35,624, which is higher than the $35,602 average annual salary of an account resolution specialist.

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

Account resolution specialist vs billing specialist overview

Account Resolution SpecialistBilling Specialist
Yearly salary$35,602$35,624
Hourly rate$17.12$17.13
Growth rate-8%-3%
Number of jobs87,71355,205
Job satisfaction--
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 31%
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 specialist do?

Billing specialists are accounting or finance employees who are responsible for sending out billing invoices to clients. They calculate charges that their clients have incurred. They then write bills, ensure that all details are correct, and send these out to clients. They also manage payment due dates and ensure that clients are duly reminded of such deadlines. Billing specialists also manage client accounts and ensure that they are paying on time. They help identify clients who have outstanding payables and send out collection notices to them. At times, billing specialists also manage the receipt of payments to manage account records better.

Account resolution specialist vs billing specialist salary

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

Account Resolution SpecialistBilling Specialist
Average salary$35,602$35,624
Salary rangeBetween $29,000 And $43,000Between $27,000 And $45,000
Highest paying CityHartford, CTWashington, DC
Highest paying stateConnecticutDelaware
Best paying companyAmerican ExpressTIBCO Software
Best paying industryFinanceManufacturing

Differences between account resolution specialist and billing specialist education

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

Account Resolution SpecialistBilling Specialist
Most common degreeBachelor's Degree, 39%Bachelor's Degree, 31%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Account resolution specialist vs billing specialist demographics

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

Account Resolution SpecialistBilling Specialist
Average age4646
Gender ratioMale, 32.4% Female, 67.6%Male, 12.7% Female, 87.3%
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, 10.9% Unknown, 4.4% Hispanic or Latino, 19.2% Asian, 7.4% White, 57.3% American Indian and Alaska Native, 0.9%
LGBT Percentage8%7%

Differences between account resolution specialist and billing specialist 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 specialist example responsibilities.

  • Use of QuickBooks to manage vendors' accounts, set up filing system to maintain files and supporting billing documents.
  • Manage the daily correspondence with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Use independent judgment, manage and impart confidential information appropriately per HIPAA regulations and company requirements.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Provide additional information/clarification for insurance claims using knowledge of CPT, ICD-9, and HCPCS codes, as well as modifiers.
  • Assist staff with proper billing for patients, ensure proper coding using ICD-10, ICD-9 and CPT-4 coding.
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Account resolution specialist vs billing specialist 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 specialist skills
  • Patients, 16%
  • Customer Service, 10%
  • Data Entry, 9%
  • Medical Billing, 7%
  • Medicaid, 6%
  • CPT, 3%

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