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The differences between medical data analysts 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 data analyst and a reimbursement specialist. Additionally, a medical data analyst has an average salary of $56,595, which is higher than the $38,273 average annual salary of a reimbursement specialist.
The top three skills for a medical data analyst include patients, data analysis and medical terminology. The most important skills for a reimbursement specialist are patients, customer service, and appeals.
| Medical Data Analyst | Reimbursement Specialist | |
| Yearly salary | $56,595 | $38,273 |
| Hourly rate | $27.21 | $18.40 |
| Growth rate | 11% | 11% |
| Number of jobs | 129,290 | 32,292 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 40% |
| Average age | 45 | 45 |
| Years of experience | 12 | 12 |
A medical data analyst uses a number of applications to improve the quality of healthcare. Their job entails operating an electronic health record system, coding information to be passed on to insurance companies for billing, and organizing patient information to guide the treatment suggestions. The qualifications for this position are knowledge of computer analytics software, experience with database systems, and familiarity with medical terms.
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 data analysts and reimbursement specialists have different pay scales, as shown below.
| Medical Data Analyst | Reimbursement Specialist | |
| Average salary | $56,595 | $38,273 |
| Salary range | Between $39,000 And $80,000 | Between $29,000 And $49,000 |
| Highest paying City | Trenton, NJ | Lynchburg, VA |
| Highest paying state | New Jersey | Virginia |
| Best paying company | University of California | Novartis |
| Best paying industry | Manufacturing | Pharmaceutical |
There are a few differences between a medical data analyst and a reimbursement specialist in terms of educational background:
| Medical Data Analyst | Reimbursement Specialist | |
| Most common degree | Bachelor's Degree, 52% | Bachelor's Degree, 40% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between medical data analysts' and reimbursement specialists' demographics:
| Medical Data Analyst | Reimbursement Specialist | |
| Average age | 45 | 45 |
| Gender ratio | Male, 31.3% Female, 68.7% | Male, 15.2% Female, 84.8% |
| Race ratio | Black or African American, 9.6% Unknown, 4.2% Hispanic or Latino, 16.7% Asian, 8.5% White, 59.8% 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% |