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Billing consultant vs billing and insurance coordinator

The differences between billing consultants and billing and insurance coordinators 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 and insurance coordinator. Additionally, a billing consultant has an average salary of $94,948, which is higher than the $41,141 average annual salary of a billing and insurance coordinator.

The top three skills for a billing consultant include patients, medicaid and billing procedures. The most important skills for a billing and insurance coordinator are patients, customer service, and data entry.

Billing consultant vs billing and insurance coordinator overview

Billing ConsultantBilling And Insurance Coordinator
Yearly salary$94,948$41,141
Hourly rate$45.65$19.78
Growth rate-3%-3%
Number of jobs25,94367,385
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 41%
Average age4646
Years of experience22

Billing consultant vs billing and insurance coordinator salary

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

Billing ConsultantBilling And Insurance Coordinator
Average salary$94,948$41,141
Salary rangeBetween $75,000 And $119,000Between $27,000 And $60,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateMarylandMaryland
Best paying companySlalomKane Russell Coleman Logan
Best paying industryFinanceProfessional

Differences between billing consultant and billing and insurance coordinator education

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

Billing ConsultantBilling And Insurance Coordinator
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Billing consultant vs billing and insurance coordinator demographics

Here are the differences between billing consultants' and billing and insurance coordinators' demographics:

Billing ConsultantBilling And Insurance Coordinator
Average age4646
Gender ratioMale, 24.9% Female, 75.1%Male, 15.4% Female, 84.6%
Race ratioBlack 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, 10.7% Unknown, 4.3% Hispanic or Latino, 21.6% Asian, 6.8% White, 55.9% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between billing consultant and billing and insurance coordinator 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.
  • Show more

Billing and insurance coordinator example 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.
  • Research and resubmitted reject claims with correct diagnosis, CPT codes and erroneous demographics for deny charges to insurances for reprocessing.
  • Maintain strict patient confidentiality and adhere to HIPAA guidelines/regulations.
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Billing consultant vs billing and insurance coordinator skills

Common billing consultant skills
  • Patients, 13%
  • Medicaid, 10%
  • Billing Procedures, 8%
  • Medical Claims, 5%
  • Patient Accounts, 4%
  • Medical Billing Software, 3%
Common billing and insurance coordinator skills
  • Patients, 16%
  • Customer Service, 12%
  • Data Entry, 7%
  • Billing System, 4%
  • Billing Issues, 4%
  • Medical Billing, 3%

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