Rater vs billing consultant

The differences between raters and billing consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a rater and a billing consultant. Additionally, a billing consultant has an average salary of $94,948, which is higher than the $39,219 average annual salary of a rater.

The top three skills for a rater include data entry, ESL and insurance policies. The most important skills for a billing consultant are patients, medicaid, and billing procedures.

Rater vs billing consultant overview

	Rater	Billing Consultant
Yearly salary	$39,219	$94,948
Hourly rate	$18.86	$45.65
Growth rate	-3%	-3%
Number of jobs	161	25,943
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 47%
Average age	46	46
Years of experience	2	2

Rater vs billing consultant salary

Raters and billing consultants have different pay scales, as shown below.

	Rater	Billing Consultant
Average salary	$39,219	$94,948
Salary range	Between $24,000 And $63,000	Between $75,000 And $119,000
Highest paying City	Boston, MA	Washington, DC
Highest paying state	Alaska	Maryland
Best paying company	Pharmaceutical Product Development	Slalom
Best paying industry	-	Finance

Differences between rater and billing consultant education

There are a few differences between a rater and a billing consultant in terms of educational background:

	Rater	Billing Consultant
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 47%
Most common major	Business	Business
Most common college	Stanford University	Stanford University

Rater vs billing consultant demographics

Here are the differences between raters' and billing consultants' demographics:

	Rater	Billing Consultant
Average age	46	46
Gender ratio	Male, 27.6% Female, 72.4%	Male, 24.9% Female, 75.1%
Race ratio	Black or African American, 11.1% Unknown, 4.4% Hispanic or Latino, 15.3% Asian, 7.8% White, 60.4% American Indian and Alaska Native, 0.9%	Black or African American, 12.0% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.7% White, 56.7% American Indian and Alaska Native, 0.9%
LGBT Percentage	7%	7%

Differences between rater and billing consultant duties and responsibilities

Rater example responsibilities.

Create and manage a file documentation checklist for all UW's and UT's.
Assess and score the written portion of the TOEFL Jr. exam
Train and process some DMV tasks to help out the team with the back log.
Review TOEFL speaking samples and assign the appropriate scores.
Research and gather information for underwriter (s) and CST.
Score students' essays and help place them in the appropriate ESL course.

Billing consultant example responsibilities.

Manage software programs for MSP accounts, monthly billing and EMC file transfers to Medicare.
Register incoming patients, verify demographics as well as insurance verification.
Research and determine the viability of collections on all Medicaid accounts receivables.
Audit EMR system and correct ICD-9 coding errors.
Review EOB's, and apply payments to the patient's accounts, making applicable adjustments.
Contact insurance carrier directly, review eob's, reviewing medical records, denials, write appeals.

Rater vs billing consultant skills

Common rater skills

Data Entry, 26%
ESL, 14%
Insurance Policies, 10%
Informed Consent, 7%
Clinical Trials, 5%
Auto Policies, 4%

Common billing consultant skills

Patients, 13%
Medicaid, 10%
Billing Procedures, 8%
Medical Claims, 5%
Patient Accounts, 4%
Medical Billing Software, 3%