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The differences between physician specialists and billing specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a physician specialist and a billing specialist. Additionally, a physician specialist has an average salary of $210,219, which is higher than the $35,624 average annual salary of a billing specialist.
The top three skills for a physician specialist include patients, patient care and surgery. The most important skills for a billing specialist are patients, customer service, and data entry.
| Physician Specialist | Billing Specialist | |
| Yearly salary | $210,219 | $35,624 |
| Hourly rate | $101.07 | $17.13 |
| Growth rate | -8% | -3% |
| Number of jobs | 63,020 | 55,205 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 42% | Bachelor's Degree, 31% |
| Average age | 49 | 46 |
| Years of experience | 2 | 2 |
A Physician Specialist is a doctor who specializes in a particular field of medicine, such as pediatrics, urology, psychiatry, and more. Their responsibilities revolve around studying the patients' medical history, conducting assessments and evaluations, developing care and treatment plans, prescribing medication, and helping patients understand their conditions and symptoms. In some cases, a Physician Specialist may recommend patients to undergo surgeries and other procedures. Moreover, aside from treating and diagnosing medical conditions, a Physician Specialist maintains an active communication line with nurses and technicians for a smooth and efficient workflow.
Billing specialists are accounting or finance employees who are responsible for sending out billing invoices to clients. They calculate charges that their clients have incurred. They then write bills, ensure that all details are correct, and send these out to clients. They also manage payment due dates and ensure that clients are duly reminded of such deadlines. Billing specialists also manage client accounts and ensure that they are paying on time. They help identify clients who have outstanding payables and send out collection notices to them. At times, billing specialists also manage the receipt of payments to manage account records better.
Physician specialists and billing specialists have different pay scales, as shown below.
| Physician Specialist | Billing Specialist | |
| Average salary | $210,219 | $35,624 |
| Salary range | Between $111,000 And $396,000 | Between $27,000 And $45,000 |
| Highest paying City | Bradenton, FL | Washington, DC |
| Highest paying state | Delaware | Delaware |
| Best paying company | Saint Luke's Health System | TIBCO Software |
| Best paying industry | Health Care | Manufacturing |
There are a few differences between a physician specialist and a billing specialist in terms of educational background:
| Physician Specialist | Billing Specialist | |
| Most common degree | Bachelor's Degree, 42% | Bachelor's Degree, 31% |
| Most common major | Business | Business |
| Most common college | - | University of Pennsylvania |
Here are the differences between physician specialists' and billing specialists' demographics:
| Physician Specialist | Billing Specialist | |
| Average age | 49 | 46 |
| Gender ratio | Male, 25.0% Female, 75.0% | Male, 12.7% Female, 87.3% |
| Race ratio | Black or African American, 9.6% Unknown, 3.8% Hispanic or Latino, 12.0% Asian, 3.8% White, 70.6% American Indian and Alaska Native, 0.4% | 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 Percentage | 9% | 7% |