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Billing specialist vs account specialist

The differences between billing specialists and account specialists 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 specialist, becoming an account specialist takes usually requires 6-12 months. Additionally, an account specialist has an average salary of $42,586, which is higher than the $35,624 average annual salary of a billing specialist.

The top three skills for a billing specialist include patients, customer service and data entry. The most important skills for an account specialist are customer service, patients, and account management.

Billing specialist vs account specialist overview

Billing SpecialistAccount Specialist
Yearly salary$35,624$42,586
Hourly rate$17.13$20.47
Growth rate-3%-8%
Number of jobs55,205116,010
Job satisfaction--
Most common degreeBachelor's Degree, 31%Bachelor's Degree, 54%
Average age4646
Years of experience212

What does a billing specialist do?

Billing specialists are accounting or finance employees who are responsible for sending out billing invoices to clients. They calculate charges that their clients have incurred. They then write bills, ensure that all details are correct, and send these out to clients. They also manage payment due dates and ensure that clients are duly reminded of such deadlines. Billing specialists also manage client accounts and ensure that they are paying on time. They help identify clients who have outstanding payables and send out collection notices to them. At times, billing specialists also manage the receipt of payments to manage account records better.

What does an account specialist do?

An account specialist is responsible for reaching out to customers or potential clients through calls, emails, and other forms of correspondence to secure sales and strengthen business relations. An account specialist may also perform other tasks such as arranging appointment schedules with clients, providing price quotes and responding to further inquiries, process orders, generating sales leads, and handling complaints and resolving issues. Furthermore, an account specialist may also be involved in developing strategies, finding new opportunities, producing and completing necessary documents, and preparing reports, all in adherence to the company's policies and regulations.

Billing specialist vs account specialist salary

Billing specialists and account specialists have different pay scales, as shown below.

Billing SpecialistAccount Specialist
Average salary$35,624$42,586
Salary rangeBetween $27,000 And $45,000Between $28,000 And $62,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateDelawareVirginia
Best paying companyTIBCO SoftwareMicrosoft
Best paying industryManufacturingFinance

Differences between billing specialist and account specialist education

There are a few differences between a billing specialist and an account specialist in terms of educational background:

Billing SpecialistAccount Specialist
Most common degreeBachelor's Degree, 31%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Billing specialist vs account specialist demographics

Here are the differences between billing specialists' and account specialists' demographics:

Billing SpecialistAccount Specialist
Average age4646
Gender ratioMale, 12.7% Female, 87.3%Male, 32.2% Female, 67.8%
Race ratioBlack or African American, 10.9% Unknown, 4.4% Hispanic or Latino, 19.2% Asian, 7.4% White, 57.3% American Indian and Alaska Native, 0.9%Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between billing specialist and account specialist duties and responsibilities

Billing specialist example responsibilities.

  • Use of QuickBooks to manage vendors' accounts, set up filing system to maintain files and supporting billing documents.
  • Manage the daily correspondence with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Use independent judgment, manage and impart confidential information appropriately per HIPAA regulations and company requirements.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Provide additional information/clarification for insurance claims using knowledge of CPT, ICD-9, and HCPCS codes, as well as modifiers.
  • Assist staff with proper billing for patients, ensure proper coding using ICD-10, ICD-9 and CPT-4 coding.
  • Show more

Account specialist example responsibilities.

  • Cultivate productive long-term relationships with all assign accounts, and manage all reporting and presentation needs for RFP's.
  • Manage a portfolio of accounts end to end RFP program execution inclusive of pricing, contracting, process and technology solutions.
  • Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Deliver exceptional customer service to hospital accounts and internal sales representatives in accordance to revenue recognition policies and HIPAA regulations.
  • Experience with CMS 1500 and UB-04 claims using HCPC/CPT codes as well as NDC codes
  • Monitor CMS and real time aux codes.
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Billing specialist vs account specialist skills

Common billing specialist skills
  • Patients, 16%
  • Customer Service, 10%
  • Data Entry, 9%
  • Medical Billing, 7%
  • Medicaid, 6%
  • CPT, 3%
Common account specialist skills
  • Customer Service, 25%
  • Patients, 13%
  • Account Management, 6%
  • PowerPoint, 4%
  • Data Entry, 4%
  • Catheter, 3%

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