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Provider enrollment specialist vs compensation specialist

The differences between provider enrollment specialists and compensation specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a provider enrollment specialist and a compensation specialist. Additionally, a compensation specialist has an average salary of $67,722, which is higher than the $39,494 average annual salary of a provider enrollment specialist.

The top three skills for a provider enrollment specialist include data entry, patients and CAQH. The most important skills for a compensation specialist are human resources, compensation programs, and customer service.

Provider enrollment specialist vs compensation specialist overview

Provider Enrollment SpecialistCompensation Specialist
Yearly salary$39,494$67,722
Hourly rate$18.99$32.56
Growth rate7%7%
Number of jobs42,27132,642
Job satisfaction--
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 63%
Average age4545
Years of experience66

What does a provider enrollment specialist do?

A provider enrollment specialist is in charge of handling application procedures in a company or facility. Their responsibilities typically revolve around gathering information, reviewing and verifying requirements, processing applications, and liaising with clients. They may also maintain and update databases, assist during complicated procedures, and ensure that all requirements are complete and accurate. Furthermore, as a provider enrollment specialist, it is essential to discuss terms and conditions to clients, helping them understand the company's policies and regulations, including its vision and mission.

What does a compensation specialist do?

A compensation specialist is responsible for evaluating the organization's benefits package for the employees, following the state regulations and legislation procedures. Compensation specialists identify the staff needs and develop opportunities that would maximize productivity and increase efficiency. They also analyze the market performance to adjust compensation rates according to roles as needed with the coordination of the finance department. A compensation specialist facilitates orientations for new programs and informs the employees about any changes in the payment system.

Provider enrollment specialist vs compensation specialist salary

Provider enrollment specialists and compensation specialists have different pay scales, as shown below.

Provider Enrollment SpecialistCompensation Specialist
Average salary$39,494$67,722
Salary rangeBetween $28,000 And $54,000Between $41,000 And $110,000
Highest paying CityOakland, CASan Francisco, CA
Highest paying stateAlaskaWashington
Best paying companyMcKinsey & Company IncMicrosoft
Best paying industryTechnology-

Differences between provider enrollment specialist and compensation specialist education

There are a few differences between a provider enrollment specialist and a compensation specialist in terms of educational background:

Provider Enrollment SpecialistCompensation Specialist
Most common degreeBachelor's Degree, 46%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Provider enrollment specialist vs compensation specialist demographics

Here are the differences between provider enrollment specialists' and compensation specialists' demographics:

Provider Enrollment SpecialistCompensation Specialist
Average age4545
Gender ratioMale, 19.6% Female, 80.4%Male, 25.3% Female, 74.7%
Race ratioBlack or African American, 12.5% Unknown, 3.6% Hispanic or Latino, 15.6% Asian, 7.5% White, 60.4% American Indian and Alaska Native, 0.3%Black or African American, 10.6% Unknown, 3.7% Hispanic or Latino, 15.4% Asian, 7.4% White, 62.6% American Indian and Alaska Native, 0.4%
LGBT Percentage9%9%

Differences between provider enrollment specialist and compensation specialist duties and responsibilities

Provider enrollment specialist example responsibilities.

  • Manage federal and state-mandate physician credentialing activities; act as NCQA committee liaison.
  • Provide enrollment counseling to eligible recipients about Medicaid manage care and promote their voluntary enrollment into an HMO.
  • Review provider enrollment applications to ensure the credentials and licenses meet all requirements for participation in the Medicare program.
  • Verify provider is eligible to participate in Medicare according to CMS guidelines.
  • Verify claim information using ICD-9 and medical terminology and CHAMPUS/ TRICARE guidelines .!
  • Complete require forms and application for changes or updates in billing systems including EFT and or notification of Athena.
  • Show more

Compensation specialist example responsibilities.

  • Manage contractor terminations/hiring, process exceeding target of updating PeopleSoft within one business day.
  • Manage special projects including a compensation structure redesign, a performance evaluation redesign and a PeopleSoft implementation.
  • Evaluate new and current job descriptions for appropriate placement in salary structure and FLSA overtime exemption rules.
  • Evaluate FLSA status and appropriate salary structure positioning.
  • Conduct HRIS audit and quality assurance to ensure data integrity and accuracy.
  • Coordinate and complete all ERISA and other regulatory filing requirements.
  • Show more

Provider enrollment specialist vs compensation specialist skills

Common provider enrollment specialist skills
  • Data Entry, 12%
  • Patients, 12%
  • CAQH, 9%
  • Medicare, 7%
  • Medicaid, 7%
  • Provider Enrollment Applications, 6%
Common compensation specialist skills
  • Human Resources, 12%
  • Compensation Programs, 10%
  • Customer Service, 9%
  • HRIS, 7%
  • Data Analysis, 5%
  • FLSA, 5%

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