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Medical reimbursement specialist vs reimbursement specialist

The differences between medical reimbursement specialists 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 reimbursement specialist and a reimbursement specialist. Additionally, a medical reimbursement specialist has an average salary of $39,870, which is higher than the $38,273 average annual salary of a reimbursement specialist.

The top three skills for a medical reimbursement specialist include patients, medical billing and appeals. The most important skills for a reimbursement specialist are patients, customer service, and appeals.

Medical reimbursement specialist vs reimbursement specialist overview

Medical Reimbursement SpecialistReimbursement Specialist
Yearly salary$39,870$38,273
Hourly rate$19.17$18.40
Growth rate11%11%
Number of jobs77,27232,292
Job satisfaction--
Most common degreeAssociate Degree, 31%Bachelor's Degree, 40%
Average age4545
Years of experience1212

Medical reimbursement specialist vs reimbursement specialist salary

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

Medical Reimbursement SpecialistReimbursement Specialist
Average salary$39,870$38,273
Salary rangeBetween $31,000 And $50,000Between $29,000 And $49,000
Highest paying City-Lynchburg, VA
Highest paying state-Virginia
Best paying company-Novartis
Best paying industry-Pharmaceutical

Differences between medical reimbursement specialist and reimbursement specialist education

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

Medical Reimbursement SpecialistReimbursement Specialist
Most common degreeAssociate Degree, 31%Bachelor's Degree, 40%
Most common majorHealth Care AdministrationBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Medical reimbursement specialist vs reimbursement specialist demographics

Here are the differences between medical reimbursement specialists' and reimbursement specialists' demographics:

Medical Reimbursement SpecialistReimbursement Specialist
Average age4545
Gender ratioMale, 11.9% Female, 88.1%Male, 15.2% Female, 84.8%
Race ratioBlack or African American, 9.7% Unknown, 4.2% Hispanic or Latino, 16.8% Asian, 8.4% White, 59.7% 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 Percentage9%9%

Differences between medical reimbursement specialist and reimbursement specialist duties and responsibilities

Medical reimbursement specialist example responsibilities.

  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Review and submit medical documentation for medical claims appeals as necessary.
  • Review and assign ICD-9, CPT-4 and HCPCS, and correct E/M codes to each patient encounter to prevent recovery credits.
  • Verify private medical insurance benefits and Medicaid eligibility.
  • Follow up on unpaid/unresolve account balances, including claims reject electronically and EOB denials.
  • Research account activity base on analysis reports and correspondence resulting in additional follow-up with patients, insurance carriers and referring physicians.
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Reimbursement specialist example responsibilities.

  • Manage the EDI clearinghouse rejections.
  • Process department payroll, order supplies, and manage petty-cash funds.
  • Manage use of various systems, such as MEDITECH, Cerner, WebNow, and yield-base follow-up tool.
  • Manage cases by aggressively directing the litigation process.
  • Negotiate fee structure for manage care contracts on acute and rehabilitation facilities.
  • Research medical coding ICD-9, ICD-10, HCPCS and CPT-4 to let client know the outcome of medical claim.
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Medical reimbursement specialist vs reimbursement specialist skills

Common medical reimbursement specialist skills
  • Patients, 12%
  • Medical Billing, 9%
  • Appeals, 8%
  • EOB, 7%
  • Medicare, 5%
  • Medicaid, 5%
Common reimbursement specialist skills
  • Patients, 20%
  • Customer Service, 9%
  • Appeals, 6%
  • CPT, 5%
  • Medicare, 4%
  • Medicaid, 4%

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