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Claims vice president vs medical claims analyst

The differences between claims vice presidents and medical claims analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a claims vice president and a medical claims analyst. Additionally, a claims vice president has an average salary of $93,687, which is higher than the $46,708 average annual salary of a medical claims analyst.

The top three skills for a claims vice president include litigation, claims handling and claims operations. The most important skills for a medical claims analyst are medical terminology, medicaid, and medical insurance claims.

Claims vice president vs medical claims analyst overview

Claims Vice PresidentMedical Claims Analyst
Yearly salary$93,687$46,708
Hourly rate$45.04$22.46
Growth rate-6%-6%
Number of jobs39,65265,897
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 36%
Average age4444
Years of experience66

Claims vice president vs medical claims analyst salary

Claims vice presidents and medical claims analysts have different pay scales, as shown below.

Claims Vice PresidentMedical Claims Analyst
Average salary$93,687$46,708
Salary rangeBetween $55,000 And $158,000Between $32,000 And $68,000
Highest paying City-Bridgewater, NJ
Highest paying state-New Jersey
Best paying company-Montefiore Mount Vernon Hospital
Best paying industry-Insurance

Differences between claims vice president and medical claims analyst education

There are a few differences between a claims vice president and a medical claims analyst in terms of educational background:

Claims Vice PresidentMedical Claims Analyst
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 36%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Claims vice president vs medical claims analyst demographics

Here are the differences between claims vice presidents' and medical claims analysts' demographics:

Claims Vice PresidentMedical Claims Analyst
Average age4444
Gender ratioMale, 77.3% Female, 22.7%Male, 14.2% Female, 85.8%
Race ratioBlack or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 17.0% Asian, 5.3% White, 61.5% American Indian and Alaska Native, 0.5%Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.4% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between claims vice president and medical claims analyst duties and responsibilities

Claims vice president example responsibilities.

  • Retain and manage outside counsel; develop and coordinate strategy for litigation; participate in alternative dispute resolution and negotiate settlements.
  • Provide management oversight of client support at offices in Indiana, Kentucky and Ohio.
  • Provide vision, oversight and direction to claims and encounter processing and claims systems configuration.
  • Work with underwriting carrier to ensure that all TPA responsibilities are being handle according to the TPA guidelines.
  • Establish and direct internal and external performance standards and procedures for use with TPA's or general agents.
  • Negotiate claims litigation, including settling lawsuits via mediation strategies.
  • Show more

Medical claims analyst example responsibilities.

  • Manage cases by aggressively directing the litigation process.
  • Analyze incoming medical claims using ICD-9, CPT, HCPCS coding, and Medicare fee schedules.
  • Determine if claims are in compliance under patient benefit plans for payments using DRG regulations :
  • Review medical records to determine if the ICD-9, CPT codes and modifiers are processed correctly.
  • Adhere to the HIPAA privacy, security regulations, and maintain confidentiality of patient a business records.
  • Research medical claims issues in response to informational inquiries by accessing and interpreting EOB's and claims history.
  • Show more

Claims vice president vs medical claims analyst skills

Common claims vice president skills
  • Litigation, 15%
  • Claims Handling, 13%
  • Claims Operations, 10%
  • Oversight, 8%
  • Direct Reports, 6%
  • Coverage Issues, 5%
Common medical claims analyst skills
  • Medical Terminology, 9%
  • Medicaid, 6%
  • Medical Insurance Claims, 6%
  • Customer Service, 6%
  • Data Entry, 6%
  • Patients, 5%

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