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Physician specialist vs billing specialist

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 vs billing specialist overview

Physician SpecialistBilling Specialist
Yearly salary$210,219$35,624
Hourly rate$101.07$17.13
Growth rate-8%-3%
Number of jobs63,02055,205
Job satisfaction--
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 31%
Average age4946
Years of experience22

What does a physician specialist do?

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.

What does a billing specialist do?

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 specialist vs billing specialist salary

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

Physician SpecialistBilling Specialist
Average salary$210,219$35,624
Salary rangeBetween $111,000 And $396,000Between $27,000 And $45,000
Highest paying CityBradenton, FLWashington, DC
Highest paying stateDelawareDelaware
Best paying companySaint Luke's Health SystemTIBCO Software
Best paying industryHealth CareManufacturing

Differences between physician specialist and billing specialist education

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

Physician SpecialistBilling Specialist
Most common degreeBachelor's Degree, 42%Bachelor's Degree, 31%
Most common majorBusinessBusiness
Most common college-University of Pennsylvania

Physician specialist vs billing specialist demographics

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

Physician SpecialistBilling Specialist
Average age4946
Gender ratioMale, 25.0% Female, 75.0%Male, 12.7% Female, 87.3%
Race ratioBlack 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 Percentage9%7%

Differences between physician specialist and billing specialist duties and responsibilities

Physician specialist example responsibilities.

  • Manage providers' office and call schedules, outlook calendars and assist with surgery scheduling.
  • Generate referral letters for physicians, manage and sort medical documents within the EHR system, and assist with e-prescribing.
  • Review complete ultrasound and non-stress testing reports and assign appropriate ICD-10 and CPT codes.
  • Train in AllScripts EMR system.
  • Retrieve medical records from EMR and save to flash drive.
  • File written letters of appeal on claims deny by the Medicaid.
  • Show more

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.
  • Show more

Physician specialist vs billing specialist skills

Common physician specialist skills
  • Patients, 39%
  • Patient Care, 23%
  • Surgery, 18%
  • Internal Medicine, 3%
  • Excellent Interpersonal, 2%
  • Patient Registration, 2%
Common billing specialist skills
  • Patients, 16%
  • Customer Service, 10%
  • Data Entry, 9%
  • Medical Billing, 7%
  • Medicaid, 6%
  • CPT, 3%

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