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Medical claims specialist vs billing specialist

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 vs billing specialist overview

Medical Claims SpecialistBilling Specialist
Yearly salary$35,706$35,624
Hourly rate$17.17$17.13
Growth rate11%-3%
Number of jobs82,89755,205
Job satisfaction--
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 31%
Average age4546
Years of experience122

What does a medical claims specialist do?

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.

What does a billing specialist do?

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 specialist vs billing specialist salary

Medical claims specialists and billing specialists have different pay scales, as shown below.

Medical Claims SpecialistBilling Specialist
Average salary$35,706$35,624
Salary rangeBetween $28,000 And $43,000Between $27,000 And $45,000
Highest paying CityAttleboro, MAWashington, DC
Highest paying stateConnecticutDelaware
Best paying companyTotal Medical Personnel StaffingTIBCO Software
Best paying industryGovernmentManufacturing

Differences between medical claims specialist and billing specialist education

There are a few differences between a medical claims specialist and a billing specialist in terms of educational background:

Medical Claims SpecialistBilling Specialist
Most common degreeBachelor's Degree, 38%Bachelor's Degree, 31%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Medical claims specialist vs billing specialist demographics

Here are the differences between medical claims specialists' and billing specialists' demographics:

Medical Claims SpecialistBilling Specialist
Average age4546
Gender ratioMale, 16.7% Female, 83.3%Male, 12.7% Female, 87.3%
Race ratioBlack 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 Percentage9%7%

Differences between medical claims specialist and billing specialist duties and responsibilities

Medical claims specialist example responsibilities.

  • Apply Medicare, Medicaid billing guidelines to achieve maximum reimbursement.
  • Detail knowledge of medical coding; ICD-9, CPT and HCPCS codes.
  • Confirm coverage and work with private payers, commercial payers, Medicaid, and Medicare for reimbursement of provide medical services.
  • Research medical records, compliance requirements and explanations of benefits to resolve accounts payable for Medicare, Medicaid and commercial insurance.
  • Maintain strict confidentiality/privacy of patients' protect health information in accordance with HIPAA regulations.
  • Assist in educating new hires in HIPPA laws and training.
  • Show more

Billing specialist example responsibilities.

  • Use of QuickBooks to manage vendors' accounts, set up filing system to maintain files and supporting billing documents.
  • Manage the daily correspondence with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Use independent judgment, manage and impart confidential information appropriately per HIPAA regulations and company requirements.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Provide additional information/clarification for insurance claims using knowledge of CPT, ICD-9, and HCPCS codes, as well as modifiers.
  • Assist staff with proper billing for patients, ensure proper coding using ICD-10, ICD-9 and CPT-4 coding.
  • Show more

Medical claims specialist vs billing specialist skills

Common medical claims specialist skills
  • Customer Service, 14%
  • Patients, 9%
  • Medicaid, 7%
  • Medical Billing, 6%
  • Phone Calls, 6%
  • Medical Terminology, 5%
Common billing specialist skills
  • Patients, 16%
  • Customer Service, 10%
  • Data Entry, 9%
  • Medical Billing, 7%
  • Medicaid, 6%
  • CPT, 3%

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