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The differences between raters 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 rater and a billing specialist. Additionally, a rater has an average salary of $39,219, which is higher than the $35,624 average annual salary of a billing specialist.
The top three skills for a rater include data entry, ESL and insurance policies. The most important skills for a billing specialist are patients, customer service, and data entry.
| Rater | Billing Specialist | |
| Yearly salary | $39,219 | $35,624 |
| Hourly rate | $18.86 | $17.13 |
| Growth rate | -3% | -3% |
| Number of jobs | 161 | 55,205 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 31% |
| Average age | 46 | 46 |
| Years of experience | 2 | 2 |
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.
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.
Raters and billing specialists have different pay scales, as shown below.
| Rater | Billing Specialist | |
| Average salary | $39,219 | $35,624 |
| Salary range | Between $24,000 And $63,000 | Between $27,000 And $45,000 |
| Highest paying City | Boston, MA | Washington, DC |
| Highest paying state | Alaska | Delaware |
| Best paying company | Pharmaceutical Product Development | TIBCO Software |
| Best paying industry | - | Manufacturing |
There are a few differences between a rater and a billing specialist in terms of educational background:
| Rater | Billing Specialist | |
| Most common degree | Bachelor's Degree, 55% | Bachelor's Degree, 31% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between raters' and billing specialists' demographics:
| Rater | Billing Specialist | |
| Average age | 46 | 46 |
| Gender ratio | Male, 27.6% Female, 72.4% | Male, 12.7% Female, 87.3% |
| 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, 10.9% Unknown, 4.4% Hispanic or Latino, 19.2% Asian, 7.4% White, 57.3% American Indian and Alaska Native, 0.9% |
| LGBT Percentage | 7% | 7% |