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Insurance billing clerk vs billing analyst

The differences between insurance billing clerks and billing analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both an insurance billing clerk and a billing analyst. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $27,713 average annual salary of an insurance billing clerk.

The top three skills for an insurance billing clerk include patients, scheduling appointments and CPT. The most important skills for a billing analyst are customer service, patients, and billing issues.

Insurance billing clerk vs billing analyst overview

Insurance Billing ClerkBilling Analyst
Yearly salary$27,713$51,544
Hourly rate$13.32$24.78
Growth rate-3%-3%
Number of jobs118,44430,566
Job satisfaction--
Most common degreeAssociate Degree, 32%Bachelor's Degree, 59%
Average age4646
Years of experience22

Insurance billing clerk vs billing analyst salary

Insurance billing clerks and billing analysts have different pay scales, as shown below.

Insurance Billing ClerkBilling Analyst
Average salary$27,713$51,544
Salary rangeBetween $20,000 And $38,000Between $35,000 And $73,000
Highest paying City-Washington, DC
Highest paying state-Alaska
Best paying company-Meta
Best paying industry-Finance

Differences between insurance billing clerk and billing analyst education

There are a few differences between an insurance billing clerk and a billing analyst in terms of educational background:

Insurance Billing ClerkBilling Analyst
Most common degreeAssociate Degree, 32%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Insurance billing clerk vs billing analyst demographics

Here are the differences between insurance billing clerks' and billing analysts' demographics:

Insurance Billing ClerkBilling Analyst
Average age4646
Gender ratioMale, 4.7% Female, 95.3%Male, 29.7% Female, 70.3%
Race ratioBlack or African American, 13.1% Unknown, 4.2% Hispanic or Latino, 16.5% Asian, 7.5% White, 57.9% American Indian and Alaska Native, 0.8%Black or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.3% White, 57.7% American Indian and Alaska Native, 0.9%
LGBT Percentage7%7%

Differences between insurance billing clerk and billing analyst duties and responsibilities

Insurance billing clerk example responsibilities.

  • Manage the patient education program, responsible for ensuring patients are fully educate regarding medical conditions and prescribe medications.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Receive knowledge of CPT and ICD-9 codes used for insurance billing purposes.
  • Verify Medicaid insurance eligibility prior to dispensing patient's orders.
  • Maintain direct responsibility for contacting both patients and insurance carriers in a timely matter regarding ineligibility.
  • Submit secondary insurance after primary has paid and submit EOB's with insurance forms.
  • Show more

Billing analyst example responsibilities.

  • Set up, manage, and terminate ACH accounts.
  • Manage multiple contracts including timely and accurate billing of monthly invoices, payment notifications, and reconciliations.
  • Use of the CMS website to determine the correct LCDs or NCDs for Medicare claims.
  • Master sales, events, and reservations systems.
  • Produce month-end reports from IDX for executive staff.
  • Prepare provisional invoices for billing after provisional rates are receive from DCAA.
  • Show more

Insurance billing clerk vs billing analyst skills

Common insurance billing clerk skills
  • Patients, 28%
  • Scheduling Appointments, 6%
  • CPT, 6%
  • Patient Appointments, 5%
  • Medicaid, 5%
  • Patient Registration, 4%
Common billing analyst skills
  • Customer Service, 16%
  • Patients, 7%
  • Billing Issues, 6%
  • Strong Analytical, 5%
  • Billing System, 5%
  • Data Entry, 4%

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