Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between medical auditors 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 medical auditor and a reimbursement specialist. Additionally, a medical auditor has an average salary of $53,683, which is higher than the $38,273 average annual salary of a reimbursement specialist.
The top three skills for a medical auditor include ICD-10, HCPCS and HIPAA. The most important skills for a reimbursement specialist are patients, customer service, and appeals.
| Medical Auditor | Reimbursement Specialist | |
| Yearly salary | $53,683 | $38,273 |
| Hourly rate | $25.81 | $18.40 |
| Growth rate | 11% | 11% |
| Number of jobs | 68,870 | 32,292 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 35% | Bachelor's Degree, 40% |
| Average age | 45 | 45 |
| Years of experience | 12 | 12 |
Medical auditors are in charge of precise documentation, unaccountable operations, and determining areas for enhancement for any healthcare organization. Their responsibilities include conducting an internal and external assessment of coding accuracy, policies, and strategies to make sure a systematic and feasible delivery of care. Also, they determine any erroneous or misplaced documentation that could lead to negative consequences for their equipment. Additionally, they educate their medical on correct documenting protocols and give updates with new codings, insurance, and government guidelines.
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.
Medical auditors and reimbursement specialists have different pay scales, as shown below.
| Medical Auditor | Reimbursement Specialist | |
| Average salary | $53,683 | $38,273 |
| Salary range | Between $35,000 And $81,000 | Between $29,000 And $49,000 |
| Highest paying City | Fremont, CA | Lynchburg, VA |
| Highest paying state | Maryland | Virginia |
| Best paying company | TÜV SÜD America | Novartis |
| Best paying industry | Insurance | Pharmaceutical |
There are a few differences between a medical auditor and a reimbursement specialist in terms of educational background:
| Medical Auditor | Reimbursement Specialist | |
| Most common degree | Bachelor's Degree, 35% | Bachelor's Degree, 40% |
| Most common major | Health Care Administration | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between medical auditors' and reimbursement specialists' demographics:
| Medical Auditor | Reimbursement Specialist | |
| Average age | 45 | 45 |
| Gender ratio | Male, 18.6% Female, 81.4% | Male, 15.2% Female, 84.8% |
| Race ratio | Black or African American, 8.4% Unknown, 4.2% Hispanic or Latino, 17.3% Asian, 8.7% White, 60.2% American Indian and Alaska Native, 1.3% | 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% |