Rater vs medicare billing specialist

The differences between raters and medicare 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 medicare billing specialist. Additionally, a rater has an average salary of $39,219, which is higher than the $36,773 average annual salary of a medicare billing specialist.

The top three skills for a rater include data entry, ESL and insurance policies. The most important skills for a medicare billing specialist are patients, patient accounts, and data entry.

Rater vs medicare billing specialist overview

	Rater	Medicare Billing Specialist
Yearly salary	$39,219	$36,773
Hourly rate	$18.86	$17.68
Growth rate	-3%	-3%
Number of jobs	161	54,593
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Associate Degree, 34%
Average age	46	46
Years of experience	2	2

Rater vs medicare billing specialist salary

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

	Rater	Medicare Billing Specialist
Average salary	$39,219	$36,773
Salary range	Between $24,000 And $63,000	Between $30,000 And $44,000
Highest paying City	Boston, MA	-
Highest paying state	Alaska	-
Best paying company	Pharmaceutical Product Development	-
Best paying industry	-	-

Differences between rater and medicare billing specialist education

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

	Rater	Medicare Billing Specialist
Most common degree	Bachelor's Degree, 55%	Associate Degree, 34%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Rater vs medicare billing specialist demographics

Here are the differences between raters' and medicare billing specialists' demographics:

	Rater	Medicare Billing Specialist
Average age	46	46
Gender ratio	Male, 27.6% Female, 72.4%	Male, 9.3% Female, 90.7%
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, 10.3% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 7.9% White, 59.8% American Indian and Alaska Native, 1.0%
LGBT Percentage	7%	7%

Differences between rater and medicare billing specialist 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.

Medicare billing specialist example responsibilities.

Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
Resolve billing issues, ensure accuracy re: CPT, HCPCS, ICD-9 codes as applicable.
Expand knowledge with insurance EOB & Tennessee Medicare (handle denials and some occurring problems )
Call Medicare to re-open claims due to date, CPT, units, or other changes.
Used CPT-4 coders/Modifiers, ICD-9 codes, HCPCS codes when applicable for the resolution of claim payments.
Comply with all HIPPA laws.

Rater vs medicare billing specialist skills

Common rater skills

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

Common medicare billing specialist skills

Patients, 20%
Patient Accounts, 6%
Data Entry, 5%
Medicare, 5%
Medicaid, 5%
CPT, 5%

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Rater vs Medicare Billing Specialist

Updated January 8, 2025

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