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The differences between health information managers and reimbursement specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a health information manager and a reimbursement specialist. Additionally, a health information manager has an average salary of $63,401, which is higher than the $38,273 average annual salary of a reimbursement specialist.
The top three skills for a health information manager include patients, transcription and patient care. The most important skills for a reimbursement specialist are patients, customer service, and appeals.
| Health Information Manager | Reimbursement Specialist | |
| Yearly salary | $63,401 | $38,273 |
| Hourly rate | $30.48 | $18.40 |
| Growth rate | 11% | 11% |
| Number of jobs | 121,247 | 32,292 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 40% |
| Average age | 45 | 45 |
| Years of experience | 12 | 12 |
A Health Information Manager is someone who processes and safeguards patient information records. A health facility needs to secure patient records as it is confidential. A health information manager creates and implements policies in recording and documenting patient records and retrieve them upon request of a physician for a diagnosis. The health information manager also ensures that all patient information acquired by the healthcare facility is stored securely, adhering to all state and federal laws concerning data privacy.
A reimbursement specialist is responsible for analyzing insurance documents, processing reimbursement claims, and releasing accurate billing statements for insurance claims. Reimbursement specialists must have excellent analytical skills, especially on performing clerical tasks to evaluate insurance cases, investigate cases, and update the account information of the clients on the database. They should also have impeccable communication skills and understanding of the insurance processes to be able to coordinate with the clients, explaining the procedures of their claims accurately, and coordinate with the insurance management to improve the claims processes.
Health information managers and reimbursement specialists have different pay scales, as shown below.
| Health Information Manager | Reimbursement Specialist | |
| Average salary | $63,401 | $38,273 |
| Salary range | Between $38,000 And $103,000 | Between $29,000 And $49,000 |
| Highest paying City | Farmington, CT | Lynchburg, VA |
| Highest paying state | Connecticut | Virginia |
| Best paying company | Huron Consulting Group | Novartis |
| Best paying industry | Health Care | Pharmaceutical |
There are a few differences between a health information manager and a reimbursement specialist in terms of educational background:
| Health Information Manager | Reimbursement Specialist | |
| Most common degree | Bachelor's Degree, 43% | Bachelor's Degree, 40% |
| Most common major | Computer Information Systems | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between health information managers' and reimbursement specialists' demographics:
| Health Information Manager | Reimbursement Specialist | |
| Average age | 45 | 45 |
| Gender ratio | Male, 16.9% Female, 83.1% | Male, 15.2% Female, 84.8% |
| Race ratio | Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.0% Asian, 8.3% White, 61.2% American Indian and Alaska Native, 1.2% | Black or African American, 9.8% Unknown, 4.2% Hispanic or Latino, 16.9% Asian, 8.1% White, 59.8% American Indian and Alaska Native, 1.3% |
| LGBT Percentage | 9% | 9% |