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The differences between medicaid specialists and billing specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a medicaid specialist and a billing specialist. Additionally, a medicaid specialist has an average salary of $44,308, which is higher than the $35,624 average annual salary of a billing specialist.
The top three skills for a medicaid specialist include patients, home health and medicaid eligibility. The most important skills for a billing specialist are patients, customer service, and data entry.
| Medicaid Specialist | Billing Specialist | |
| Yearly salary | $44,308 | $35,624 |
| Hourly rate | $21.30 | $17.13 |
| Growth rate | - | -3% |
| Number of jobs | 73,368 | 55,205 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 31% |
| Average age | 46 | 46 |
| Years of experience | 2 | 2 |
A Medicaid Specialist is a social service worker who focuses on assisting individuals when it comes to Medicaid programs. They are responsible for helping individuals understand the health care system procedures and requirements, answering inquiries, or referring them to other services. There are also Medicaid specialists who mostly perform clerical support tasks such as gathering and verifying documents, conducting research and analyses, handling calls and correspondence, reaching out to medical facilities and insurance companies, and maintaining records.
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.
Medicaid specialists and billing specialists have different pay scales, as shown below.
| Medicaid Specialist | Billing Specialist | |
| Average salary | $44,308 | $35,624 |
| Salary range | Between $29,000 And $67,000 | Between $27,000 And $45,000 |
| Highest paying City | - | Washington, DC |
| Highest paying state | - | Delaware |
| Best paying company | - | TIBCO Software |
| Best paying industry | - | Manufacturing |
There are a few differences between a medicaid specialist and a billing specialist in terms of educational background:
| Medicaid Specialist | Billing Specialist | |
| Most common degree | Bachelor's Degree, 53% | Bachelor's Degree, 31% |
| Most common major | Business | Business |
| Most common college | University of Michigan - Ann Arbor | University of Pennsylvania |
Here are the differences between medicaid specialists' and billing specialists' demographics:
| Medicaid Specialist | Billing Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 16.7% Female, 83.3% | Male, 12.7% Female, 87.3% |
| Race ratio | Black or African American, 21.6% Unknown, 4.2% Hispanic or Latino, 14.7% Asian, 7.8% White, 50.5% American Indian and Alaska Native, 1.2% | Black 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% |
| LGBT Percentage | 7% | 7% |