Billing analyst vs medical billing clerk

The differences between billing analysts and medical billing clerks can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a billing analyst and a medical billing clerk. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $33,566 average annual salary of a medical billing clerk.

The top three skills for a billing analyst include customer service, patients and billing issues. The most important skills for a medical billing clerk are patients, medical billing, and healthcare.

Billing analyst vs medical billing clerk overview

	Billing Analyst	Medical Billing Clerk
Yearly salary	$51,544	$33,566
Hourly rate	$24.78	$16.14
Growth rate	-3%	-3%
Number of jobs	30,566	164,870
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 59%	Associate Degree, 30%
Average age	46	46
Years of experience	2	2

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 a medical billing clerk do?

A medical billing clerk is primarily in charge of processing payments and creating billing arrangements in clinics and hospitals. Among their responsibilities include gathering and verifying patient identification, handling insurance information, coding, updating databases, and maintaining records. It is also their responsibility to assist patients by filling out forms, answering their inquiries, and referring them to other services. Moreover, a medical billing clerk must monitor patient accounts and follow-up on delinquent patient accounts, coordinating with collection agencies as needed.

Billing analyst vs medical billing clerk salary

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

	Billing Analyst	Medical Billing Clerk
Average salary	$51,544	$33,566
Salary range	Between $35,000 And $73,000	Between $27,000 And $40,000
Highest paying City	Washington, DC	San Leandro, CA
Highest paying state	Alaska	Washington
Best paying company	Meta	iCare
Best paying industry	Finance	Health Care

Differences between billing analyst and medical billing clerk education

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

	Billing Analyst	Medical Billing Clerk
Most common degree	Bachelor's Degree, 59%	Associate Degree, 30%
Most common major	Business	Health Care Administration
Most common college	University of Pennsylvania	Stanford University

Billing analyst vs medical billing clerk demographics

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

	Billing Analyst	Medical Billing Clerk
Average age	46	46
Gender ratio	Male, 29.7% Female, 70.3%	Male, 11.3% Female, 88.7%
Race ratio	Black 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, 10.4% Unknown, 4.3% Hispanic or Latino, 21.9% Asian, 6.8% White, 55.8% American Indian and Alaska Native, 0.8%
LGBT Percentage	7%	7%

Differences between billing analyst and medical billing clerk 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.

Medical billing clerk example responsibilities.

Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
Interact with patients as part of the quality assurance process (follow-up, EHR confirmation, billing confirmation).
Reconcile insurance and patient payments while researching and resolving incorrect payments, EOB rejections, and assort issues with outstanding accounts.
Utilize medical terminology and follow HIPAA guidelines.
Bill Magellan through Nextgen system.
Double checked CMS-1500 form before posting it out to the insurance companies.

Billing analyst vs medical billing clerk skills

Common billing analyst skills

Customer Service, 16%
Patients, 7%
Billing Issues, 6%
Strong Analytical, 5%
Billing System, 5%
Data Entry, 4%

Common medical billing clerk skills

Patients, 18%
Medical Billing, 10%
Healthcare, 7%
Data Entry, 7%
Customer Service, 6%
Medicaid, 5%

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Billing Analyst
Billing Analyst vs Medical Billing Clerk

Updated January 8, 2025

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