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Medicare billing specialist vs reimbursement specialist

The differences between medicare billing specialists and reimbursement 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 a reimbursement specialist takes usually requires 6-12 months. Additionally, a reimbursement specialist has an average salary of $38,273, 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 reimbursement specialist are patients, customer service, and appeals.

Medicare billing specialist vs reimbursement specialist overview

Medicare Billing SpecialistReimbursement Specialist
Yearly salary$36,773$38,273
Hourly rate$17.68$18.40
Growth rate-3%11%
Number of jobs54,59332,292
Job satisfaction--
Most common degreeAssociate Degree, 34%Bachelor's Degree, 40%
Average age4645
Years of experience212

Medicare billing specialist vs reimbursement specialist salary

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

Medicare Billing SpecialistReimbursement Specialist
Average salary$36,773$38,273
Salary rangeBetween $30,000 And $44,000Between $29,000 And $49,000
Highest paying City-Lynchburg, VA
Highest paying state-Virginia
Best paying company-Novartis
Best paying industry-Pharmaceutical

Differences between medicare billing specialist and reimbursement specialist education

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

Medicare Billing SpecialistReimbursement Specialist
Most common degreeAssociate Degree, 34%Bachelor's Degree, 40%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Medicare billing specialist vs reimbursement specialist demographics

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

Medicare Billing SpecialistReimbursement Specialist
Average age4645
Gender ratioMale, 9.3% Female, 90.7%Male, 15.2% Female, 84.8%
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, 9.8% Unknown, 4.2% Hispanic or Latino, 16.9% Asian, 8.1% White, 59.8% American Indian and Alaska Native, 1.3%
LGBT Percentage7%9%

Differences between medicare billing specialist and reimbursement 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.
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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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Medicare billing specialist vs reimbursement specialist skills

Common medicare billing specialist skills
  • Patients, 20%
  • Patient Accounts, 6%
  • Data Entry, 5%
  • Medicare, 5%
  • Medicaid, 5%
  • CPT, 5%
Common reimbursement specialist skills
  • Patients, 20%
  • Customer Service, 9%
  • Appeals, 6%
  • CPT, 5%
  • Medicare, 4%
  • Medicaid, 4%

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