Post job

Accounting coordinator vs billing and insurance coordinator

The differences between accounting coordinators and billing and insurance coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become an accounting coordinator, becoming a billing and insurance coordinator takes usually requires 1-2 years. Additionally, an accounting coordinator has an average salary of $44,639, which is higher than the $41,141 average annual salary of a billing and insurance coordinator.

The top three skills for an accounting coordinator include customer service, reconciliations and data entry. The most important skills for a billing and insurance coordinator are patients, customer service, and data entry.

Accounting coordinator vs billing and insurance coordinator overview

Accounting CoordinatorBilling And Insurance Coordinator
Yearly salary$44,639$41,141
Hourly rate$21.46$19.78
Growth rate-5%-3%
Number of jobs63,12967,385
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 41%
Average age5146
Years of experience62

What does an accounting coordinator do?

An accounting coordinator is responsible for assisting the operations of the organization's accounting department, processing financial reports, and serving as a liaison between the accounting staff and other department personnel or external parties. Accounting coordinators maintain a record of accounts payable and receivables, issuing invoices, updating account statements, resolving account discrepancies, and managing bank reconciliations. They also help with tax audits, as well as performing bookkeeping functions and other administrative tasks as needed. An accounting coordinator must have excellent analytical skills and knowledge of accounting principles and disciplines.

What does a billing and insurance coordinator do?

A billing and insurance coordinator is responsible for coordinating with employees from different departments of an organization for billing and insurance processing purposes. Billing and insurance coordinators sort mail for distribution to appropriate personnel, performing administrative and clerical duties as needed, managing and releasing of invoices under the manager's supervision, and responding to employees' inquiries and concerns. A billing and insurance coordinator must be highly analytical, as well as have excellent knowledge of the insurance disciplines and processes to assist the employees with their payments and benefits.

Accounting coordinator vs billing and insurance coordinator salary

Accounting coordinators and billing and insurance coordinators have different pay scales, as shown below.

Accounting CoordinatorBilling And Insurance Coordinator
Average salary$44,639$41,141
Salary rangeBetween $34,000 And $58,000Between $27,000 And $60,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkMaryland
Best paying companyCleary Gottlieb Steen & HamiltonKane Russell Coleman Logan
Best paying industryManufacturingProfessional

Differences between accounting coordinator and billing and insurance coordinator education

There are a few differences between an accounting coordinator and a billing and insurance coordinator in terms of educational background:

Accounting CoordinatorBilling And Insurance Coordinator
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 41%
Most common majorAccountingBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Accounting coordinator vs billing and insurance coordinator demographics

Here are the differences between accounting coordinators' and billing and insurance coordinators' demographics:

Accounting CoordinatorBilling And Insurance Coordinator
Average age5146
Gender ratioMale, 23.3% Female, 76.7%Male, 15.4% Female, 84.6%
Race ratioBlack or African American, 6.8% Unknown, 4.0% Hispanic or Latino, 14.4% Asian, 6.5% White, 67.7% American Indian and Alaska Native, 0.6%Black or African American, 10.7% Unknown, 4.3% Hispanic or Latino, 21.6% Asian, 6.8% White, 55.9% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between accounting coordinator and billing and insurance coordinator duties and responsibilities

Accounting coordinator example responsibilities.

  • Train and manage employees in payroll operations, and achieve significant improvements in their productivity.
  • Manage accounting in QuickBooks, scheduling and material purchasing
  • Manage revenue ledger including other subsidiary ledgers and responsible for the reconciliation of various income accounts to ensure accuracy of postings.
  • Conduct online research, in order to acquire detail commission statements for commission ACH bank deposits and commission checks.
  • Perform complex account reconciliations and analysis to ensure proper support and documentation for balance sheet and income statement account balances.
  • Import previous day's invoices from POS system into QuickBooks using custom software correcting invoices as necessary to permit importing.
  • Show more

Billing and insurance coordinator example responsibilities.

  • Develop a database to maintain/update all manage care, Medicare and Medicaid fee schedules for accessibility by physicians and administrators.
  • Look up for ICD-9 codes charges on a daily basic to verify that physicians post charges.
  • Enter new and verify insurance information, putting in ICD-9 codes, correcting location and too late to bill.
  • Instruct and supervise support staff in accurate CPT and ICD9 coding for the oncology department of a large medical clinic.
  • Research and resubmitted reject claims with correct diagnosis, CPT codes and erroneous demographics for deny charges to insurances for reprocessing.
  • Maintain strict patient confidentiality and adhere to HIPAA guidelines/regulations.
  • Show more

Accounting coordinator vs billing and insurance coordinator skills

Common accounting coordinator skills
  • Customer Service, 12%
  • Reconciliations, 9%
  • Data Entry, 8%
  • Purchase Orders, 5%
  • General Ledger Accounts, 4%
  • Credit Card Payments, 4%
Common billing and insurance coordinator skills
  • Patients, 16%
  • Customer Service, 12%
  • Data Entry, 7%
  • Billing System, 4%
  • Billing Issues, 4%
  • Medical Billing, 3%

Browse office and administrative jobs