Freight rate analyst vs medical billing and coding externship

The differences between freight rate analysts and medical billing and coding externships can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a freight rate analyst and a medical billing and coding externship. Additionally, a freight rate analyst has an average salary of $56,902, which is higher than the $36,112 average annual salary of a medical billing and coding externship.

The top three skills for a freight rate analyst include freight invoices, freight payment and TMS. The most important skills for a medical billing and coding externship are patients, insurance eligibility, and data entry.

Freight rate analyst vs medical billing and coding externship overview

	Freight Rate Analyst	Medical Billing And Coding Externship
Yearly salary	$56,902	$36,112
Hourly rate	$27.36	$17.36
Growth rate	-3%	-3%
Number of jobs	7,710	98,089
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Diploma, 43%
Average age	46	46
Years of experience	2	2

Freight rate analyst vs medical billing and coding externship salary

Freight rate analysts and medical billing and coding externships have different pay scales, as shown below.

	Freight Rate Analyst	Medical Billing And Coding Externship
Average salary	$56,902	$36,112
Salary range	Between $33,000 And $97,000	Between $30,000 And $42,000
Highest paying City	Newton, MA	-
Highest paying state	Alaska	-
Best paying company	Cass Information Systems	-
Best paying industry	Energy	-

Differences between freight rate analyst and medical billing and coding externship education

There are a few differences between a freight rate analyst and a medical billing and coding externship in terms of educational background:

	Freight Rate Analyst	Medical Billing And Coding Externship
Most common degree	Bachelor's Degree, 67%	Diploma, 43%
Most common major	Business	Health Care Administration
Most common college	University of Pennsylvania	Boston University

Freight rate analyst vs medical billing and coding externship demographics

Here are the differences between freight rate analysts' and medical billing and coding externships' demographics:

	Freight Rate Analyst	Medical Billing And Coding Externship
Average age	46	46
Gender ratio	Male, 47.2% Female, 52.8%	Male, 11.8% Female, 88.2%
Race ratio	Black or African American, 11.4% Unknown, 4.3% Hispanic or Latino, 15.1% Asian, 8.5% White, 59.8% American Indian and Alaska Native, 0.9%	Black or African American, 10.6% Unknown, 4.3% Hispanic or Latino, 21.8% Asian, 6.8% White, 55.7% American Indian and Alaska Native, 0.8%
LGBT Percentage	7%	7%

Differences between freight rate analyst and medical billing and coding externship duties and responsibilities

Freight rate analyst example responsibilities.

Manage the account by performing detail cost/benefit analysis and WMS analysis.
Devise negotiation method LTL mixer loads from multiple suppliers.
Work on international accounts pertaining to ISO containers, TL, LTL and other modes of transportation.
Utilize industrial logistics and strong interpersonal communication skills to develop new business, increase current business, and renew existing contracts.
Coordinate with freight forwarders expediting international shipments.

Medical billing and coding externship example responsibilities.

Manage chart completion (ICD-9-CM and CPT coding/abstracting), chart assembly and analysis, patient admission and patient information privacy/security.
Verify correct ICD-10 and CPT codes for a variety of specialties.
Review physicians' appointment notes to determine appropriate ICD-9 and HCPCS code for the medical service render.
Identify and code the principal diagnosis and procedures using ICD-9-CM and CPT-4 codes to each patient's medical records
Perform billing and collection procedures, utilize CPT-4 and ICD-9 coding, insurance claim preparation, processing and follow-ups.
Resolve and research of insurance denials, rejections, providing correction of claims, involving CPT and HCPCS codes.

Freight rate analyst vs medical billing and coding externship skills

Common freight rate analyst skills

Freight Invoices, 17%
Freight Payment, 14%
TMS, 13%
Accruals, 7%
Freight Costs, 5%
Payment System, 4%

Common medical billing and coding externship skills

Patients, 23%
Insurance Eligibility, 6%
Data Entry, 5%
EOB, 5%
Insurance Verification, 4%
CPT-4, 3%

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Freight Rate Analyst vs Medical Billing And Coding Externship

Updated January 8, 2025

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