Medical insurance coder vs billing analyst

The differences between medical insurance coders and billing analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a medical insurance coder and a billing analyst. Additionally, a billing analyst has an average salary of $51,544, which is higher than the $32,709 average annual salary of a medical insurance coder.

The top three skills for a medical insurance coder include patients, insurance verification and medicaid. The most important skills for a billing analyst are customer service, patients, and billing issues.

Medical insurance coder vs billing analyst overview

	Medical Insurance Coder	Billing Analyst
Yearly salary	$32,709	$51,544
Hourly rate	$15.73	$24.78
Growth rate	-3%	-3%
Number of jobs	81,028	30,566
Job satisfaction	-	-
Most common degree	Associate Degree, 33%	Bachelor's Degree, 59%
Average age	46	46
Years of experience	2	2

Medical insurance coder vs billing analyst salary

Medical insurance coders and billing analysts have different pay scales, as shown below.

	Medical Insurance Coder	Billing Analyst
Average salary	$32,709	$51,544
Salary range	Between $27,000 And $38,000	Between $35,000 And $73,000
Highest paying City	-	Washington, DC
Highest paying state	-	Alaska
Best paying company	-	Meta
Best paying industry	-	Finance

Differences between medical insurance coder and billing analyst education

There are a few differences between a medical insurance coder and a billing analyst in terms of educational background:

	Medical Insurance Coder	Billing Analyst
Most common degree	Associate Degree, 33%	Bachelor's Degree, 59%
Most common major	Health Care Administration	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Medical insurance coder vs billing analyst demographics

Here are the differences between medical insurance coders' and billing analysts' demographics:

	Medical Insurance Coder	Billing Analyst
Average age	46	46
Gender ratio	Male, 10.8% Female, 89.2%	Male, 29.7% Female, 70.3%
Race ratio	Black or African American, 12.1% Unknown, 4.3% Hispanic or Latino, 18.1% Asian, 6.8% White, 57.9% American Indian and Alaska Native, 0.8%	Black or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.3% White, 57.7% American Indian and Alaska Native, 0.9%
LGBT Percentage	7%	7%

Differences between medical insurance coder and billing analyst duties and responsibilities

Medical insurance coder example responsibilities.

Assign to PacifiCare of Washington a medical insurance manage care plan (HMO).
Manage chart completion (ICD-9-CM and CPT coding/abstracting), chart assembly and analysis, patient admission and patient information privacy/security.
Maintain and update ICD-9, CPT-4 & HCPCS coding for practice.
Bill major insurance carriers and Medicaid using ICD-9 and CPT codes.
Deliver explanation of insurance coverage and patient responsibilities to patients base on their policy.
Determine diagnosis and E/M level.

Billing analyst example responsibilities.

Set up, manage, and terminate ACH accounts.
Manage multiple contracts including timely and accurate billing of monthly invoices, payment notifications, and reconciliations.
Use of the CMS website to determine the correct LCDs or NCDs for Medicare claims.
Master sales, events, and reservations systems.
Produce month-end reports from IDX for executive staff.
Prepare provisional invoices for billing after provisional rates are receive from DCAA.

Medical insurance coder vs billing analyst skills

Common medical insurance coder skills

Patients, 19%
Insurance Verification, 11%
Medicaid, 6%
Patient Accounts, 5%
Customer Service, 5%
Medical Insurance Claims, 5%

Common billing analyst skills

Customer Service, 16%
Patients, 7%
Billing Issues, 6%
Strong Analytical, 5%
Billing System, 5%
Data Entry, 4%

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Office and Administrative Industry
Medical Insurance Coder
Medical Insurance Coder vs Billing Analyst

Updated January 8, 2025

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