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Billing analyst vs analyst

The differences between billing analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a billing analyst, becoming an analyst takes usually requires 2-4 years. Additionally, an analyst has an average salary of $73,007, which is higher than the $51,544 average annual salary of a billing analyst.

The top three skills for a billing analyst include customer service, patients and billing issues. The most important skills for an analyst are customer service, troubleshoot, and data analysis.

Billing analyst vs analyst overview

Billing AnalystAnalyst
Yearly salary$51,544$73,007
Hourly rate$24.78$35.10
Growth rate-3%11%
Number of jobs30,566253,138
Job satisfaction--
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 67%
Average age4644
Years of experience24

What does a billing analyst do?

A billing analyst is responsible for supporting the operations of an accounting department, evaluating and issuing invoices, and analyzing the financial transactions of the company. Billing analysts assist with creating financial statements and reports, managing billing discrepancies, updating recent account statements on the company's database, and checking the accuracy of balance sheets. A billing analyst must have excellent analytical skills, as well as the knowledge of the accounting principles, performing account reconciliations, processing receivables, and tracking clients' billing statements.

What does an analyst do?

Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.

Billing analyst vs analyst salary

Billing analysts and analysts have different pay scales, as shown below.

Billing AnalystAnalyst
Average salary$51,544$73,007
Salary rangeBetween $35,000 And $73,000Between $53,000 And $99,000
Highest paying CityWashington, DCJersey City, NJ
Highest paying stateAlaskaNew Jersey
Best paying companyMetaThe Citadel
Best paying industryFinanceTechnology

Differences between billing analyst and analyst education

There are a few differences between a billing analyst and an analyst in terms of educational background:

Billing AnalystAnalyst
Most common degreeBachelor's Degree, 59%Bachelor's Degree, 67%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Billing analyst vs analyst demographics

Here are the differences between billing analysts' and analysts' demographics:

Billing AnalystAnalyst
Average age4644
Gender ratioMale, 29.7% Female, 70.3%Male, 52.4% Female, 47.6%
Race ratioBlack or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.3% White, 57.7% American Indian and Alaska Native, 0.9%Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2%
LGBT Percentage7%12%

Differences between billing analyst and analyst duties and responsibilities

Billing analyst example responsibilities.

  • Set up, manage, and terminate ACH accounts.
  • Manage multiple contracts including timely and accurate billing of monthly invoices, payment notifications, and reconciliations.
  • Use of the CMS website to determine the correct LCDs or NCDs for Medicare claims.
  • Master sales, events, and reservations systems.
  • Produce month-end reports from IDX for executive staff.
  • Prepare provisional invoices for billing after provisional rates are receive from DCAA.
  • Show more

Analyst example responsibilities.

  • Manage support incidents and mitigate customer issues meeting or exceeding establish SLA's.
  • Manage database including all ETL procedures, optimize SQL query to build an online sales platform.
  • Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
  • Provide hands-on technical support and managing custom software, windows base systems, networking solutions, and database systems.
  • Initiate and lead quality improvement projects to address KPIs such as production, error rate, and turnaround time.
  • Help develop and handle both on and offsite SEO solutions as well as managing local campaigns and international SEO efforts.
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Billing analyst vs analyst skills

Common billing analyst skills
  • Customer Service, 16%
  • Patients, 7%
  • Billing Issues, 6%
  • Strong Analytical, 5%
  • Billing System, 5%
  • Data Entry, 4%
Common analyst skills
  • Customer Service, 13%
  • Troubleshoot, 6%
  • Data Analysis, 6%
  • Management System, 5%
  • Project Management, 5%
  • Strong Analytical, 4%

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