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Billing specialist vs billing and insurance coordinator

The differences between billing specialists 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 specialist and a billing and insurance coordinator. Additionally, a billing and insurance coordinator has an average salary of $41,141, 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 a billing and insurance coordinator are patients, customer service, and data entry.

Billing specialist vs billing and insurance coordinator overview

Billing SpecialistBilling And Insurance Coordinator
Yearly salary$35,624$41,141
Hourly rate$17.13$19.78
Growth rate-3%-3%
Number of jobs55,20567,385
Job satisfaction--
Most common degreeBachelor's Degree, 31%Bachelor's Degree, 41%
Average age4646
Years of experience22

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 a billing and insurance coordinator do?

A billing and insurance coordinator is responsible for coordinating with employees from different departments of an organization for billing and insurance processing purposes. Billing and insurance coordinators sort mail for distribution to appropriate personnel, performing administrative and clerical duties as needed, managing and releasing of invoices under the manager's supervision, and responding to employees' inquiries and concerns. A billing and insurance coordinator must be highly analytical, as well as have excellent knowledge of the insurance disciplines and processes to assist the employees with their payments and benefits.

Billing specialist vs billing and insurance coordinator salary

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

Billing SpecialistBilling And Insurance Coordinator
Average salary$35,624$41,141
Salary rangeBetween $27,000 And $45,000Between $27,000 And $60,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateDelawareMaryland
Best paying companyTIBCO SoftwareKane Russell Coleman Logan
Best paying industryManufacturingProfessional

Differences between billing specialist and billing and insurance coordinator education

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

Billing SpecialistBilling And Insurance Coordinator
Most common degreeBachelor's Degree, 31%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Billing specialist vs billing and insurance coordinator demographics

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

Billing SpecialistBilling And Insurance Coordinator
Average age4646
Gender ratioMale, 12.7% Female, 87.3%Male, 15.4% Female, 84.6%
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, 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 specialist and billing and insurance coordinator 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

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.
  • Show more

Billing specialist vs billing and insurance coordinator skills

Common billing specialist skills
  • Patients, 16%
  • Customer Service, 10%
  • Data Entry, 9%
  • Medical Billing, 7%
  • Medicaid, 6%
  • CPT, 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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