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Billing consultant vs medical billing clerk

The differences between billing consultants and medical billing clerks 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 medical billing clerk. Additionally, a billing consultant has an average salary of $94,948, which is higher than the $33,566 average annual salary of a medical billing clerk.

The top three skills for a billing consultant include patients, medicaid and billing procedures. The most important skills for a medical billing clerk are patients, medical billing, and healthcare.

Billing consultant vs medical billing clerk overview

Billing ConsultantMedical Billing Clerk
Yearly salary$94,948$33,566
Hourly rate$45.65$16.14
Growth rate-3%-3%
Number of jobs25,943164,870
Job satisfaction--
Most common degreeBachelor's Degree, 47%Associate Degree, 30%
Average age4646
Years of experience22

Billing consultant vs medical billing clerk salary

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

Billing ConsultantMedical Billing Clerk
Average salary$94,948$33,566
Salary rangeBetween $75,000 And $119,000Between $27,000 And $40,000
Highest paying CityWashington, DCSan Leandro, CA
Highest paying stateMarylandWashington
Best paying companySlalomiCare
Best paying industryFinanceHealth Care

Differences between billing consultant and medical billing clerk education

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

Billing ConsultantMedical Billing Clerk
Most common degreeBachelor's Degree, 47%Associate Degree, 30%
Most common majorBusinessHealth Care Administration
Most common collegeStanford UniversityStanford University

Billing consultant vs medical billing clerk demographics

Here are the differences between billing consultants' and medical billing clerks' demographics:

Billing ConsultantMedical Billing Clerk
Average age4646
Gender ratioMale, 24.9% Female, 75.1%Male, 11.3% Female, 88.7%
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, 10.4% Unknown, 4.3% Hispanic or Latino, 21.9% Asian, 6.8% White, 55.8% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between billing consultant and medical billing clerk 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

Medical billing clerk example responsibilities.

  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Interact with patients as part of the quality assurance process (follow-up, EHR confirmation, billing confirmation).
  • Reconcile insurance and patient payments while researching and resolving incorrect payments, EOB rejections, and assort issues with outstanding accounts.
  • Utilize medical terminology and follow HIPAA guidelines.
  • Bill Magellan through Nextgen system.
  • Double checked CMS-1500 form before posting it out to the insurance companies.
  • Show more

Billing consultant vs medical billing clerk skills

Common billing consultant skills
  • Patients, 13%
  • Medicaid, 10%
  • Billing Procedures, 8%
  • Medical Claims, 5%
  • Patient Accounts, 4%
  • Medical Billing Software, 3%
Common medical billing clerk skills
  • Patients, 18%
  • Medical Billing, 10%
  • Healthcare, 7%
  • Data Entry, 7%
  • Customer Service, 6%
  • Medicaid, 5%

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