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Billing representative vs billing analyst

The differences between billing representatives 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 representative and a billing analyst. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $35,002 average annual salary of a billing representative.

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

Billing representative vs billing analyst overview

Billing RepresentativeBilling Analyst
Yearly salary$35,002$51,544
Hourly rate$16.83$24.78
Growth rate-3%-3%
Number of jobs95,42530,566
Job satisfaction--
Most common degreeBachelor's Degree, 30%Bachelor's Degree, 59%
Average age4646
Years of experience22

What does a billing representative do?

A billing representative assists with the overall operations of the organization's billing department. Billing representatives post payments timely on the database, update account statements, generate financial reports, release invoices, and resolve account discrepancies. They also perform client accounts reconciliation as needed, monitor account receivables, review overdated balance, and notify clients of payment updates to ensure accurate and timely billing. A billing representative must have strong analytical and communication skills to manage clients' accounts, as well as comprehensive knowledge on the accounting industry to explain the payment terms and policies of an organization to a client.

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 representative vs billing analyst salary

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

Billing RepresentativeBilling Analyst
Average salary$35,002$51,544
Salary rangeBetween $28,000 And $42,000Between $35,000 And $73,000
Highest paying CityWorcester, MAWashington, DC
Highest paying stateMassachusettsAlaska
Best paying companyRelevanteMeta
Best paying industryTechnologyFinance

Differences between billing representative and billing analyst education

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

Billing RepresentativeBilling Analyst
Most common degreeBachelor's Degree, 30%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Billing representative vs billing analyst demographics

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

Billing RepresentativeBilling Analyst
Average age4646
Gender ratioMale, 15.7% Female, 84.3%Male, 29.7% Female, 70.3%
Race ratioBlack or African American, 10.4% Unknown, 4.3% Hispanic or Latino, 19.9% Asian, 7.3% White, 57.2% 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 Percentage7%7%

Differences between billing representative and billing analyst duties and responsibilities

Billing representative example responsibilities.

  • Manage software programs for MSP accounts, monthly billing and EMC file transfers to Medicare.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Process orders in compliance with Medicare, Medicaid and private insurance verification guidelines; confirming customer's eligibility and insurance coverage.
  • Verify insurance eligibility for schedule appointments, and verify cash pricing for private pay patients who request cost by CPT code.
  • Submit and receive Medicare and Medicaid claims electronically on a daily basis.
  • Utilize extensive computer skills and coding knowledge to produce and submit physical therapy and occupational therapy claims through medicaid and medicare.
  • Show more

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.
  • Show more

Billing representative vs billing analyst skills

Common billing representative skills
  • Patients, 18%
  • Customer Service, 13%
  • Data Entry, 6%
  • Medical Billing, 5%
  • Medicaid, 5%
  • Patient Accounts, 4%
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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