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The differences between medical record coders 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 record coder and a reimbursement specialist. Additionally, a medical record coder has an average salary of $54,162, which is higher than the $38,273 average annual salary of a reimbursement specialist.
The top three skills for a medical record coder include medical terminology, patients and CPC. The most important skills for a reimbursement specialist are patients, customer service, and appeals.
| Medical Record Coder | Reimbursement Specialist | |
| Yearly salary | $54,162 | $38,273 |
| Hourly rate | $26.04 | $18.40 |
| Growth rate | 11% | 11% |
| Number of jobs | 51,197 | 32,292 |
| Job satisfaction | - | - |
| Most common degree | Associate Degree, 44% | Bachelor's Degree, 40% |
| Average age | 45 | 45 |
| Years of experience | 12 | 12 |
A medical record coder is responsible for translating medical files and documents to comprehensive files required by insurance companies and other non-medical institutions. Medical record coders disclose all the patients' information on the file, including their treatment procedures, diagnosis, and medications. They serve as the representative of a medical institution to respond to inquiries and concerns, resolve record discrepancies, and submit additional documents as necessary. A medical record coder must have excellent communication skills, as well as extensive knowledge of the medical industry to discuss medical terms accurately and efficiently.
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 record coders and reimbursement specialists have different pay scales, as shown below.
| Medical Record Coder | Reimbursement Specialist | |
| Average salary | $54,162 | $38,273 |
| Salary range | Between $39,000 And $75,000 | Between $29,000 And $49,000 |
| Highest paying City | - | Lynchburg, VA |
| Highest paying state | - | Virginia |
| Best paying company | - | Novartis |
| Best paying industry | - | Pharmaceutical |
There are a few differences between a medical record coder and a reimbursement specialist in terms of educational background:
| Medical Record Coder | Reimbursement Specialist | |
| Most common degree | Associate Degree, 44% | Bachelor's Degree, 40% |
| Most common major | Health Care Administration | Business |
| Most common college | University of Southern California | University of Pennsylvania |
Here are the differences between medical record coders' and reimbursement specialists' demographics:
| Medical Record Coder | Reimbursement Specialist | |
| Average age | 45 | 45 |
| Gender ratio | Male, 12.7% Female, 87.3% | Male, 15.2% Female, 84.8% |
| Race ratio | Black or African American, 10.6% Unknown, 4.2% Hispanic or Latino, 17.0% Asian, 8.6% White, 58.4% 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% |