Billing consultant vs billing analyst

The differences between billing consultants 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 consultant and a billing analyst. Additionally, a billing consultant has an average salary of $94,948, which is higher than the $51,544 average annual salary of a billing analyst.

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

Billing consultant vs billing analyst overview

	Billing Consultant	Billing Analyst
Yearly salary	$94,948	$51,544
Hourly rate	$45.65	$24.78
Growth rate	-3%	-3%
Number of jobs	25,943	30,566
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 59%
Average age	46	46
Years of experience	2	2

Billing consultant vs billing analyst salary

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

	Billing Consultant	Billing Analyst
Average salary	$94,948	$51,544
Salary range	Between $75,000 And $119,000	Between $35,000 And $73,000
Highest paying City	Washington, DC	Washington, DC
Highest paying state	Maryland	Alaska
Best paying company	Slalom	Meta
Best paying industry	Finance	Finance

Differences between billing consultant and billing analyst education

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

	Billing Consultant	Billing Analyst
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 59%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Billing consultant vs billing analyst demographics

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

	Billing Consultant	Billing Analyst
Average age	46	46
Gender ratio	Male, 24.9% Female, 75.1%	Male, 29.7% Female, 70.3%
Race ratio	Black or African American, 12.0% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.7% White, 56.7% American Indian and Alaska Native, 0.9%	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 consultant and billing analyst duties and responsibilities

Billing consultant example responsibilities.

Manage software programs for MSP accounts, monthly billing and EMC file transfers to Medicare.
Register incoming patients, verify demographics as well as insurance verification.
Research and determine the viability of collections on all Medicaid accounts receivables.
Audit EMR system and correct ICD-9 coding errors.
Review EOB's, and apply payments to the patient's accounts, making applicable adjustments.
Contact insurance carrier directly, review eob's, reviewing medical records, denials, write appeals.

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.

Billing consultant vs billing analyst skills

Common billing consultant skills

Patients, 13%
Medicaid, 10%
Billing Procedures, 8%
Medical Claims, 5%
Patient Accounts, 4%
Medical Billing Software, 3%

Common billing analyst skills

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