Rater vs senior billing specialist

The differences between raters and senior 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 senior billing specialist. Additionally, a senior billing specialist has an average salary of $52,255, 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 senior billing specialist are patients, CPT, and billing issues.

Rater vs senior billing specialist overview

	Rater	Senior Billing Specialist
Yearly salary	$39,219	$52,255
Hourly rate	$18.86	$25.12
Growth rate	-3%	-3%
Number of jobs	161	40,195
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 41%
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 senior billing specialist do?

A senior billing specialist processes and manages the billing systems of their company. They are in charge of processing necessary payments to clients and business partners and generating and providing invoices. They keep a record of all payment information. They also manage payment due dates and remind clients of the payment deadlines.

Rater vs senior billing specialist salary

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

	Rater	Senior Billing Specialist
Average salary	$39,219	$52,255
Salary range	Between $24,000 And $63,000	Between $36,000 And $73,000
Highest paying City	Boston, MA	Washington, DC
Highest paying state	Alaska	Maryland
Best paying company	Pharmaceutical Product Development	Five9
Best paying industry	-	Technology

Differences between rater and senior billing specialist education

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

	Rater	Senior Billing Specialist
Most common degree	Bachelor's Degree, 55%	Bachelor's Degree, 41%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Rater vs senior billing specialist demographics

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

	Rater	Senior Billing Specialist
Average age	46	46
Gender ratio	Male, 27.6% Female, 72.4%	Male, 16.2% Female, 83.8%
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, 11.5% Unknown, 4.4% Hispanic or Latino, 17.8% Asian, 7.6% White, 57.9% American Indian and Alaska Native, 0.9%
LGBT Percentage	7%	7%

Differences between rater and senior 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.

Senior billing specialist example responsibilities.

Manage temporary and internship staff on Medicaid posting project.
Revamp updating process for ICD-9 codes to ensure that federal/state changes.
Code all claims interpret in EOMB's from Medicare & EOB from insurance companies.
Resolve incorrect insurance payments, EOB denials, and any issues with outstanding accounts.
Review outpatient medical records for abstraction of billable physician services and conversion of those services into CPT codes.
Process claims reviewing ICD9-10 and CPT codes on to ensure correct submission on HCFA and UB92 claim forms.

Rater vs senior billing specialist skills

Common rater skills

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

Common senior billing specialist skills

Patients, 12%
CPT, 5%
Billing Issues, 5%
Billing System, 5%
Data Entry, 5%
Billing Process, 5%

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Rater vs Senior Billing Specialist

Updated January 8, 2025

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