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Billing assistant vs billing analyst

The differences between billing assistants and billing analysts 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 assistant and a billing analyst. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $33,745 average annual salary of a billing assistant.

The top three skills for a billing assistant include patients, data entry and medicaid. The most important skills for a billing analyst are customer service, patients, and billing issues.

Billing assistant vs billing analyst overview

Billing AssistantBilling Analyst
Yearly salary$33,745$51,544
Hourly rate$16.22$24.78
Growth rate-3%-3%
Number of jobs34,07030,566
Job satisfaction--
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 59%
Average age4646
Years of experience22

What does a billing assistant do?

A billing assistant is primarily in charge of performing support tasks to maintain smooth billing operations in an establishment. Their responsibilities typically include preparing and processing invoices for clients, sending billing adjustments, printing and reviewing invoices and billings, receiving payments, and monitoring delinquent invoices, sending reminders as necessary. They may also close and balance payments, calculate discounts, and maintain records of all transactions. Moreover, a billing assistant must be alert and proactive for any errors and inconsistencies, dealing with them accordingly.

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.

Billing assistant vs billing analyst salary

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

Billing AssistantBilling Analyst
Average salary$33,745$51,544
Salary rangeBetween $27,000 And $41,000Between $35,000 And $73,000
Highest paying CityBaltimore, MDWashington, DC
Highest paying stateWashingtonAlaska
Best paying companyUniversity of California, BerkeleyMeta
Best paying industryTechnologyFinance

Differences between billing assistant and billing analyst education

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

Billing AssistantBilling Analyst
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Billing assistant vs billing analyst demographics

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

Billing AssistantBilling Analyst
Average age4646
Gender ratioMale, 14.2% Female, 85.8%Male, 29.7% Female, 70.3%
Race ratioBlack or African American, 10.2% Unknown, 4.3% Hispanic or Latino, 22.0% Asian, 6.8% White, 55.9% American Indian and Alaska Native, 0.8%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%
LGBT Percentage7%7%

Differences between billing assistant and billing analyst duties and responsibilities

Billing assistant example responsibilities.

  • Manage all billing accounts including Medicare/Medicaid, HMO and individual accounts.
  • Post insurance payments, explain patient what the EOB is about, collect payments from patients.
  • Communicate annual contracting, CPT, and ICD-9 yearly changes to doctor's offices by creation of formal notification.
  • Experience with billing systems and practices with CPT coding, ICD-9, and usages of coding for productive billing.
  • Bill insurance companies using ICD-9 coding.
  • Used denial reason codes on paper & electronic EOB in EMR/EHR software to examine denials.
  • Show more

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

Billing assistant vs billing analyst skills

Common billing assistant skills
  • Patients, 21%
  • Data Entry, 11%
  • Medicaid, 5%
  • Patient Accounts, 4%
  • CPT, 3%
  • Front Desk, 3%
Common billing analyst skills
  • Customer Service, 16%
  • Patients, 7%
  • Billing Issues, 6%
  • Strong Analytical, 5%
  • Billing System, 5%
  • Data Entry, 4%

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