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The differences between medical claims specialists and billing specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become a medical claims specialist, becoming a billing specialist takes usually requires 1-2 years. Additionally, a medical claims specialist has an average salary of $35,706, which is higher than the $35,624 average annual salary of a billing specialist.
The top three skills for a medical claims specialist include customer service, patients and medicaid. The most important skills for a billing specialist are patients, customer service, and data entry.
| Medical Claims Specialist | Billing Specialist | |
| Yearly salary | $35,706 | $35,624 |
| Hourly rate | $17.17 | $17.13 |
| Growth rate | 11% | -3% |
| Number of jobs | 82,897 | 55,205 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 31% |
| Average age | 45 | 46 |
| Years of experience | 12 | 2 |
A medical claims specialist is responsible for gathering and processing the information required to complete the medical insurance claims process. Typical duties include determining covered medical insurance losses, documenting medical claims actions, and resolving claims through approval or denial of documentation. In addition, you will be responsible for maintaining excellent customer service by responding to customer inquiries and following best practices. You will also be responsible for protecting company operations by maintaining the confidentiality of information.
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.
Medical claims specialists and billing specialists have different pay scales, as shown below.
| Medical Claims Specialist | Billing Specialist | |
| Average salary | $35,706 | $35,624 |
| Salary range | Between $28,000 And $43,000 | Between $27,000 And $45,000 |
| Highest paying City | Attleboro, MA | Washington, DC |
| Highest paying state | Connecticut | Delaware |
| Best paying company | Total Medical Personnel Staffing | TIBCO Software |
| Best paying industry | Government | Manufacturing |
There are a few differences between a medical claims specialist and a billing specialist in terms of educational background:
| Medical Claims Specialist | Billing Specialist | |
| Most common degree | Bachelor's Degree, 38% | Bachelor's Degree, 31% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between medical claims specialists' and billing specialists' demographics:
| Medical Claims Specialist | Billing Specialist | |
| Average age | 45 | 46 |
| Gender ratio | Male, 16.7% Female, 83.3% | Male, 12.7% Female, 87.3% |
| Race ratio | Black or African American, 9.5% Unknown, 4.2% Hispanic or Latino, 17.0% Asian, 8.3% White, 59.8% American Indian and Alaska Native, 1.3% | 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 | 9% | 7% |