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Medicare specialist vs billing specialist

The differences between medicare specialists and billing specialists can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 6-12 months to become a medicare specialist, becoming a billing specialist takes usually requires 1-2 years. Additionally, a medicare specialist has an average salary of $36,923, which is higher than the $35,624 average annual salary of a billing specialist.

The top three skills for a medicare specialist include customer service, patients and health insurance. The most important skills for a billing specialist are patients, customer service, and data entry.

Medicare specialist vs billing specialist overview

Medicare SpecialistBilling Specialist
Yearly salary$36,923$35,624
Hourly rate$17.75$17.13
Growth rate11%-3%
Number of jobs31,86355,205
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 31%
Average age4546
Years of experience122

Medicare specialist vs billing specialist salary

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

Medicare SpecialistBilling Specialist
Average salary$36,923$35,624
Salary rangeBetween $29,000 And $46,000Between $27,000 And $45,000
Highest paying City-Washington, DC
Highest paying state-Delaware
Best paying company-TIBCO Software
Best paying industry-Manufacturing

Differences between medicare specialist and billing specialist education

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

Medicare SpecialistBilling Specialist
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 31%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Medicare specialist vs billing specialist demographics

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

Medicare SpecialistBilling Specialist
Average age4546
Gender ratioMale, 23.0% Female, 77.0%Male, 12.7% Female, 87.3%
Race ratioBlack or African American, 8.5% Unknown, 4.4% Hispanic or Latino, 16.1% Asian, 8.0% White, 61.6% American Indian and Alaska Native, 1.4%Black or African American, 10.9% Unknown, 4.4% Hispanic or Latino, 19.2% Asian, 7.4% White, 57.3% American Indian and Alaska Native, 0.9%
LGBT Percentage9%7%

Differences between medicare specialist and billing specialist duties and responsibilities

Medicare specialist example responsibilities.

  • Manage cases by aggressively directing the litigation process.
  • Submit correct claims when appropriate, assigning ICD-9-CM, CPT, HCPCS, and / or service codes when necessary.
  • Maintain HIPPA compliance with all communications.
  • Obtain accurate ICD-9 codes and process completed CMN's.
  • Include knowledge of ICD-9 codes and state fee schedules/usual and customary.
  • Code claims using the CPT and ICD-9-CM coding systems appropriate at the time.
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Billing specialist example responsibilities.

  • Use of QuickBooks to manage vendors' accounts, set up filing system to maintain files and supporting billing documents.
  • Manage the daily correspondence with keeping doctor/patient confidentiality under consideration along with HIPPA regulations.
  • Use independent judgment, manage and impart confidential information appropriately per HIPAA regulations and company requirements.
  • Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
  • Provide additional information/clarification for insurance claims using knowledge of CPT, ICD-9, and HCPCS codes, as well as modifiers.
  • Assist staff with proper billing for patients, ensure proper coding using ICD-10, ICD-9 and CPT-4 coding.
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Medicare specialist vs billing specialist skills

Common medicare specialist skills
  • Customer Service, 9%
  • Patients, 9%
  • Health Insurance, 9%
  • CMS, 7%
  • CPT, 7%
  • Appeals, 6%
Common billing specialist skills
  • Patients, 16%
  • Customer Service, 10%
  • Data Entry, 9%
  • Medical Billing, 7%
  • Medicaid, 6%
  • CPT, 3%

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