Billing coder vs billing analyst

The differences between billing coders 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 coder and a billing analyst. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $37,554 average annual salary of a billing coder.

The top three skills for a billing coder include patients, ICD-10 and data entry. The most important skills for a billing analyst are customer service, patients, and billing issues.

Billing coder vs billing analyst overview

	Billing Coder	Billing Analyst
Yearly salary	$37,554	$51,544
Hourly rate	$18.05	$24.78
Growth rate	-3%	-3%
Number of jobs	55,376	30,566
Job satisfaction	-	-
Most common degree	Associate Degree, 32%	Bachelor's Degree, 59%
Average age	46	46
Years of experience	2	2

What does a billing coder do?

A billing coder usually works at medical facilities where they are primarily in charge of gathering and analyzing patient information and billing data, translating them according to the special coding system for medical and insurance record purposes. They usually work in an office setting where they manage electronic health records, organize files, handle calls and correspondence, coordinate with different departments, and enter insurance claims into particular programs. Moreover, as a billing coder, it is essential to review records, keeping an eye out for any inconsistencies or missing details, performing corrective measures right away.

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 coder vs billing analyst salary

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

	Billing Coder	Billing Analyst
Average salary	$37,554	$51,544
Salary range	Between $30,000 And $45,000	Between $35,000 And $73,000
Highest paying City	-	Washington, DC
Highest paying state	-	Alaska
Best paying company	-	Meta
Best paying industry	-	Finance

Differences between billing coder and billing analyst education

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

	Billing Coder	Billing Analyst
Most common degree	Associate Degree, 32%	Bachelor's Degree, 59%
Most common major	Health Care Administration	Business
Most common college	Stanford University	University of Pennsylvania

Billing coder vs billing analyst demographics

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

	Billing Coder	Billing Analyst
Average age	46	46
Gender ratio	Male, 8.8% Female, 91.2%	Male, 29.7% Female, 70.3%
Race ratio	Black or African American, 11.1% Unknown, 4.3% Hispanic or Latino, 20.9% Asian, 6.8% White, 56.1% 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 Percentage	7%	7%

Differences between billing coder and billing analyst duties and responsibilities

Billing coder example responsibilities.

Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
Review documentation to assign or confirm E/M, CPT, HCPCS, modifiers and ICD-9 codes.
Process insurance claims to various carriers like Medicare, Medicaid, commercial, and private insurances.
Verify patient insurance and/or Medicaid eligibility status and produce 'no insurance' letters for non establish patients.
Use EMR to submit claims.
Correct coding of CPT, HCPCS and ICD-9 codes necessary to ensure appropriate reimbursement.

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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.

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Billing coder vs billing analyst skills

Common billing coder skills

Patients, 18%
ICD-10, 9%
Data Entry, 7%
Medical Terminology, 5%
Home Health, 5%
HCPCS, 5%

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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Updated January 8, 2025

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