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What is a billing and insurance coordinator and how to become one
The billing and Insurance Coordinator categorizes mail for distribution to appropriate personnel. You are to perform administrative and clerical roles when necessary, such as managing invoices and responding to employees' inquiries. Primarily, you are to synchronize with the employees from the different departments for billing and insurance purposes. Whenever new insurance is indicated, you are to enter and verify new insurance information by putting in ICD-9 codes.
You are also in charge of supervising and instructing support staff in accurate ICD-9 or CPT for the oncology department. Confidentiality is the core value of a billing and insurance coordinator; therefore, you are to maintain patient confidentiality and abide by HIPAA regulations. Furthermore, you are to adhere to and understand all HIPAA rules and regulations considering patient confidentiality and record-keeping. You are to send out a weekly report to the facility administrator for check and balance.
The ability to perform basic addition and subtraction, excellent communication skills, good organizational skills, and attention to detail are skills of a billing and insurance coordinator. An average of $36,000 is what a billing and insurance coordinator earns annually. The educational criteria for this position is a bachelor's degree in Business, Insurance, or other related fields.
Avg. Salary $41,141
Avg. Salary $59,228
Growth rate -3%
Growth rate 0.3%
American Indian and Alaska Native 0.84%
Asian 6.75%
Black or African American 10.69%
Hispanic or Latino 21.58%
Unknown 4.25%
White 55.88%
Genderfemale 84.63%
male 15.37%
Age - 47American Indian and Alaska Native 3.00%
Asian 7.00%
Black or African American 14.00%
Hispanic or Latino 19.00%
White 57.00%
Genderfemale 47.00%
male 53.00%
Age - 47Stress level is manageable
7.1 - high
Complexity level is challenging
7 - challenging
Work life balance is excellent
6.4 - fair
Billing and insurance coordinator career paths
Key steps to become a billing and insurance coordinator
Explore billing and insurance coordinator education requirements
Start to develop specific billing and insurance coordinator skills
Skills Percentages Patients 15.62% Customer Service 11.94% Data Entry 6.53% Billing System 4.05% Billing Issues 3.71% Complete relevant billing and insurance coordinator training and internships
Accountants spend an average of 1-3 months on post-employment, on-the-job training. New billing and insurance coordinators learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a billing and insurance coordinator based on U.S. Bureau of Labor Statistics data and data from real billing and insurance coordinator resumes.Gain additional billing and insurance coordinator certifications
More About CertificationsBilling and insurance coordinator certifications can show employers you have a baseline of knowledge expected for the position. Certifications can also make you a more competitive candidate. Even if employers don't require a specific billing and insurance coordinator certification, having one may help you stand out relative to other applicants.
The most common certifications for billing and insurance coordinators include Certified Billing and Coding Specialist (CBCS) and Certified Medical Office Manager (CMOM).
Research billing and insurance coordinator duties and 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.
Prepare your billing and insurance coordinator resume
When your background is strong enough, you can start writing your billing and insurance coordinator resume.
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Apply for billing and insurance coordinator jobs
Now it's time to start searching for a billing and insurance coordinator job. Consider the tips below for a successful job search:
- Browse job boards for relevant postings
- Consult your professional network
- Reach out to companies you're interested in working for directly
- Watch out for job scams
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Average billing and insurance coordinator salary
The average billing and insurance coordinator salary in the United States is $41,141 per year or $20 per hour. Billing and insurance coordinator salaries range between $27,000 and $60,000 per year.
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Updated January 8, 2025
