Billing consultant vs insurance coordinator

The differences between billing consultants and insurance coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a billing consultant, becoming an insurance coordinator takes usually requires 2-4 years. Additionally, a billing consultant has an average salary of $94,948, which is higher than the $32,788 average annual salary of an insurance coordinator.

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

Billing consultant vs insurance coordinator overview

	Billing Consultant	Insurance Coordinator
Yearly salary	$94,948	$32,788
Hourly rate	$45.65	$15.76
Growth rate	-3%	-3%
Number of jobs	25,943	108,509
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 36%
Average age	46	44
Years of experience	2	4

Billing consultant vs insurance coordinator salary

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

	Billing Consultant	Insurance Coordinator
Average salary	$94,948	$32,788
Salary range	Between $75,000 And $119,000	Between $25,000 And $41,000
Highest paying City	Washington, DC	Oakland, CA
Highest paying state	Maryland	New Hampshire
Best paying company	Slalom	University of California, Berkeley
Best paying industry	Finance	Pharmaceutical

Differences between billing consultant and insurance coordinator education

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

	Billing Consultant	Insurance Coordinator
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 36%
Most common major	Business	Business
Most common college	Stanford University	-

Billing consultant vs insurance coordinator demographics

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

	Billing Consultant	Insurance Coordinator
Average age	46	44
Gender ratio	Male, 24.9% Female, 75.1%	Male, 9.9% Female, 90.1%
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, 13.8% Unknown, 4.3% Hispanic or Latino, 14.4% Asian, 3.9% White, 63.2% American Indian and Alaska Native, 0.5%
LGBT Percentage	7%	11%

Differences between billing consultant 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.

Insurance coordinator example responsibilities.

Verify patient dental insurance coverage and limitations with major private and business dental insurance providers as well as Medicaid and Medicare.
File to record patient demographics in numerous EMR systems and paper charts if applicable.
Prepare providers and staff for ICD-10 transition.
Post and reconcile all daily insurance, patient payments and transactions within the EMR system.
Experience in registration in healthcare, business office and physician billing, with reimbursement and collections.
Process all Medicare claims, explaining HMO changes to patients in detail and accurately documenting all benefits.

Billing consultant vs 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 insurance coordinator skills

Patients, 26%
Customer Service, 11%
Insurance Verification, 7%
Insurance Eligibility, 4%
Medicaid, 3%
Medical Terminology, 3%

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Billing Consultant
Billing Consultant vs Insurance Coordinator

Updated January 8, 2025

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