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Medicare billing specialist vs account specialist

The differences between medicare billing specialists and account specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a medicare billing specialist, becoming an account specialist takes usually requires 6-12 months. Additionally, an account specialist has an average salary of $42,586, which is higher than the $36,773 average annual salary of a medicare billing specialist.

The top three skills for a medicare billing specialist include patients, patient accounts and data entry. The most important skills for an account specialist are customer service, patients, and account management.

Medicare billing specialist vs account specialist overview

Medicare Billing SpecialistAccount Specialist
Yearly salary$36,773$42,586
Hourly rate$17.68$20.47
Growth rate-3%-8%
Number of jobs54,593116,010
Job satisfaction--
Most common degreeAssociate Degree, 34%Bachelor's Degree, 54%
Average age4646
Years of experience212

Medicare billing specialist vs account specialist salary

Medicare billing specialists and account specialists have different pay scales, as shown below.

Medicare Billing SpecialistAccount Specialist
Average salary$36,773$42,586
Salary rangeBetween $30,000 And $44,000Between $28,000 And $62,000
Highest paying City-Washington, DC
Highest paying state-Virginia
Best paying company-Microsoft
Best paying industry-Finance

Differences between medicare billing specialist and account specialist education

There are a few differences between a medicare billing specialist and an account specialist in terms of educational background:

Medicare Billing SpecialistAccount Specialist
Most common degreeAssociate Degree, 34%Bachelor's Degree, 54%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Medicare billing specialist vs account specialist demographics

Here are the differences between medicare billing specialists' and account specialists' demographics:

Medicare Billing SpecialistAccount Specialist
Average age4646
Gender ratioMale, 9.3% Female, 90.7%Male, 32.2% Female, 67.8%
Race ratioBlack or African American, 10.3% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 7.9% White, 59.8% American Indian and Alaska Native, 1.0%Black or African American, 13.2% Unknown, 4.1% Hispanic or Latino, 17.8% Asian, 3.7% White, 60.8% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between medicare billing specialist and account specialist duties and responsibilities

Medicare billing specialist example responsibilities.

  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Resolve billing issues, ensure accuracy re: CPT, HCPCS, ICD-9 codes as applicable.
  • Expand knowledge with insurance EOB & Tennessee Medicare (handle denials and some occurring problems )
  • Call Medicare to re-open claims due to date, CPT, units, or other changes.
  • Used CPT-4 coders/Modifiers, ICD-9 codes, HCPCS codes when applicable for the resolution of claim payments.
  • Comply with all HIPPA laws.
  • Show more

Account specialist example responsibilities.

  • Cultivate productive long-term relationships with all assign accounts, and manage all reporting and presentation needs for RFP's.
  • Manage a portfolio of accounts end to end RFP program execution inclusive of pricing, contracting, process and technology solutions.
  • Manage the daily correspondence from assign practices with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Deliver exceptional customer service to hospital accounts and internal sales representatives in accordance to revenue recognition policies and HIPAA regulations.
  • Experience with CMS 1500 and UB-04 claims using HCPC/CPT codes as well as NDC codes
  • Monitor CMS and real time aux codes.
  • Show more

Medicare billing specialist vs account specialist skills

Common medicare billing specialist skills
  • Patients, 20%
  • Patient Accounts, 6%
  • Data Entry, 5%
  • Medicare, 5%
  • Medicaid, 5%
  • CPT, 5%
Common account specialist skills
  • Customer Service, 25%
  • Patients, 13%
  • Account Management, 6%
  • PowerPoint, 4%
  • Data Entry, 4%
  • Catheter, 3%

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