Rater vs billing representative

The differences between raters and billing representatives 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 representative. Additionally, a rater has an average salary of $39,219, which is higher than the $35,002 average annual salary of a billing representative.

The top three skills for a rater include data entry, ESL and insurance policies. The most important skills for a billing representative are patients, customer service, and data entry.

Rater vs billing representative overview

	Rater	Billing Representative
Yearly salary	$39,219	$35,002
Hourly rate	$18.86	$16.83
Growth rate	-3%	-3%
Number of jobs	161	95,425
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 30%
Average age	46	46
Years of experience	2	2

What does a rater do?

The duties of a rater depend on one's line of work or industry of employment. Typically, it is their responsibility to rate products, services, or systems according to criteria or a set of standards, ensuring quality and compliance to regulations. There are also instances when a rater must maintain records of all transactions, assess documents, and report to managers or supervisors should there be any issues or concerns. Furthermore, a rater must also have an understanding of the task's objectives, including the company's policies and regulations.

What does a billing representative do?

A billing representative assists with the overall operations of the organization's billing department. Billing representatives post payments timely on the database, update account statements, generate financial reports, release invoices, and resolve account discrepancies. They also perform client accounts reconciliation as needed, monitor account receivables, review overdated balance, and notify clients of payment updates to ensure accurate and timely billing. A billing representative must have strong analytical and communication skills to manage clients' accounts, as well as comprehensive knowledge on the accounting industry to explain the payment terms and policies of an organization to a client.

Rater vs billing representative salary

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

	Rater	Billing Representative
Average salary	$39,219	$35,002
Salary range	Between $24,000 And $63,000	Between $28,000 And $42,000
Highest paying City	Boston, MA	Worcester, MA
Highest paying state	Alaska	Massachusetts
Best paying company	Pharmaceutical Product Development	Relevante
Best paying industry	-	Technology

Differences between rater and billing representative education

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

	Rater	Billing Representative
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 30%
Most common major	Business	Business
Most common college	Stanford University	Stanford University

Rater vs billing representative demographics

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

	Rater	Billing Representative
Average age	46	46
Gender ratio	Male, 27.6% Female, 72.4%	Male, 15.7% Female, 84.3%
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, 10.4% Unknown, 4.3% Hispanic or Latino, 19.9% Asian, 7.3% White, 57.2% American Indian and Alaska Native, 0.9%
LGBT Percentage	7%	7%

Differences between rater and billing representative 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.

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Billing representative example responsibilities.

Manage software programs for MSP accounts, monthly billing and EMC file transfers to Medicare.
Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
Process orders in compliance with Medicare, Medicaid and private insurance verification guidelines; confirming customer's eligibility and insurance coverage.
Verify insurance eligibility for schedule appointments, and verify cash pricing for private pay patients who request cost by CPT code.
Submit and receive Medicare and Medicaid claims electronically on a daily basis.
Utilize extensive computer skills and coding knowledge to produce and submit physical therapy and occupational therapy claims through medicaid and medicare.

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Rater vs billing representative skills

Common rater skills

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

Common billing representative skills

Patients, 18%
Customer Service, 13%
Data Entry, 6%
Medical Billing, 5%
Medicaid, 5%
Patient Accounts, 4%

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Updated January 8, 2025

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