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Medicare billing specialist vs billing and insurance coordinator

The differences between medicare billing specialists and billing and insurance coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a medicare billing specialist and a billing and insurance coordinator. Additionally, a billing and insurance coordinator has an average salary of $41,141, 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 a billing and insurance coordinator are patients, customer service, and data entry.

Medicare billing specialist vs billing and insurance coordinator overview

Medicare Billing SpecialistBilling And Insurance Coordinator
Yearly salary$36,773$41,141
Hourly rate$17.68$19.78
Growth rate-3%-3%
Number of jobs54,59367,385
Job satisfaction--
Most common degreeAssociate Degree, 34%Bachelor's Degree, 41%
Average age4646
Years of experience22

Medicare billing specialist vs billing and insurance coordinator salary

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

Medicare Billing SpecialistBilling And Insurance Coordinator
Average salary$36,773$41,141
Salary rangeBetween $30,000 And $44,000Between $27,000 And $60,000
Highest paying City-Washington, DC
Highest paying state-Maryland
Best paying company-Kane Russell Coleman Logan
Best paying industry-Professional

Differences between medicare billing specialist and billing and insurance coordinator education

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

Medicare Billing SpecialistBilling And Insurance Coordinator
Most common degreeAssociate Degree, 34%Bachelor's Degree, 41%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Medicare billing specialist vs billing and insurance coordinator demographics

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

Medicare Billing SpecialistBilling And Insurance Coordinator
Average age4646
Gender ratioMale, 9.3% Female, 90.7%Male, 15.4% Female, 84.6%
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, 10.7% Unknown, 4.3% Hispanic or Latino, 21.6% Asian, 6.8% White, 55.9% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between medicare billing specialist and billing and insurance coordinator 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.
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Billing and insurance coordinator example responsibilities.

  • Develop a database to maintain/update all manage care, Medicare and Medicaid fee schedules for accessibility by physicians and administrators.
  • Look up for ICD-9 codes charges on a daily basic to verify that physicians post charges.
  • Enter new and verify insurance information, putting in ICD-9 codes, correcting location and too late to bill.
  • Instruct and supervise support staff in accurate CPT and ICD9 coding for the oncology department of a large medical clinic.
  • Research and resubmitted reject claims with correct diagnosis, CPT codes and erroneous demographics for deny charges to insurances for reprocessing.
  • Maintain strict patient confidentiality and adhere to HIPAA guidelines/regulations.
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Medicare billing specialist vs billing and insurance coordinator skills

Common medicare billing specialist skills
  • Patients, 20%
  • Patient Accounts, 6%
  • Data Entry, 5%
  • Medicare, 5%
  • Medicaid, 5%
  • CPT, 5%
Common billing and insurance coordinator skills
  • Patients, 16%
  • Customer Service, 12%
  • Data Entry, 7%
  • Billing System, 4%
  • Billing Issues, 4%
  • Medical Billing, 3%

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