Record management specialist vs reimbursement specialist

The differences between record management specialists and reimbursement specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a record management specialist and a reimbursement specialist. Additionally, a record management specialist has an average salary of $40,863, which is higher than the $38,273 average annual salary of a reimbursement specialist.

The top three skills for a record management specialist include data entry, electronic database and nara. The most important skills for a reimbursement specialist are patients, customer service, and appeals.

Record management specialist vs reimbursement specialist overview

	Record Management Specialist	Reimbursement Specialist
Yearly salary	$40,863	$38,273
Hourly rate	$19.65	$18.40
Growth rate	11%	11%
Number of jobs	95,586	32,292
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 40%
Average age	45	45
Years of experience	12	12

What does a record management specialist do?

Record management specialists are professionals who provide expertise in storing, tracking, and managing records and documents for an organization. These specialists must develop a business records management program that is used by sales representatives for their marketing purposes to maintain information about existing and new clients. They are required to assist other departments in the organization with their data entry to promote smooth workflow and eliminate backlogs. Record management specialists must also scan documents and enter them into an electronic database for future retrieval.

What does a reimbursement specialist do?

A reimbursement specialist is responsible for analyzing insurance documents, processing reimbursement claims, and releasing accurate billing statements for insurance claims. Reimbursement specialists must have excellent analytical skills, especially on performing clerical tasks to evaluate insurance cases, investigate cases, and update the account information of the clients on the database. They should also have impeccable communication skills and understanding of the insurance processes to be able to coordinate with the clients, explaining the procedures of their claims accurately, and coordinate with the insurance management to improve the claims processes.

Record management specialist vs reimbursement specialist salary

Record management specialists and reimbursement specialists have different pay scales, as shown below.

	Record Management Specialist	Reimbursement Specialist
Average salary	$40,863	$38,273
Salary range	Between $28,000 And $57,000	Between $29,000 And $49,000
Highest paying City	Ridgefield, CT	Lynchburg, VA
Highest paying state	Maryland	Virginia
Best paying company	Boehringer Ingelheim	Novartis
Best paying industry	Government	Pharmaceutical

Differences between record management specialist and reimbursement specialist education

There are a few differences between a record management specialist and a reimbursement specialist in terms of educational background:

	Record Management Specialist	Reimbursement Specialist
Most common degree	Bachelor's Degree, 53%	Bachelor's Degree, 40%
Most common major	Business	Business
Most common college	Stanford University	University of Pennsylvania

Record management specialist vs reimbursement specialist demographics

Here are the differences between record management specialists' and reimbursement specialists' demographics:

	Record Management Specialist	Reimbursement Specialist
Average age	45	45
Gender ratio	Male, 36.8% Female, 63.2%	Male, 15.2% Female, 84.8%
Race ratio	Black or African American, 13.3% Unknown, 4.2% Hispanic or Latino, 16.4% Asian, 8.4% White, 56.5% American Indian and Alaska Native, 1.2%	Black or African American, 9.8% Unknown, 4.2% Hispanic or Latino, 16.9% Asian, 8.1% White, 59.8% American Indian and Alaska Native, 1.3%
LGBT Percentage	9%	9%

Differences between record management specialist and reimbursement specialist duties and responsibilities

Record management specialist example responsibilities.

Update content of storing and sharing information in SharePoint to manage agency records.
Manage confidential medical information internally and externally in compliance with HIPAA regulations
Manage drug research applications submit by drug companies and streamline administrative operation by coordinating with various departments within FDA.
Develop and maintain QA criteria, forms and statistics.
Adhere to HIPAA with regards to personal patient medical records.
Process subpoenas, court orders, affidavits, and depositions.

Reimbursement specialist example responsibilities.

Manage the EDI clearinghouse rejections.
Process department payroll, order supplies, and manage petty-cash funds.
Manage use of various systems, such as MEDITECH, Cerner, WebNow, and yield-base follow-up tool.
Manage cases by aggressively directing the litigation process.
Negotiate fee structure for manage care contracts on acute and rehabilitation facilities.
Research medical coding ICD-9, ICD-10, HCPCS and CPT-4 to let client know the outcome of medical claim.

Record management specialist vs reimbursement specialist skills

Common record management specialist skills

Data Entry, 33%
Electronic Database, 12%
Nara, 7%
SharePoint, 6%
DOD, 5%
FDA, 4%

Common reimbursement specialist skills

Patients, 20%
Customer Service, 9%
Appeals, 6%
CPT, 5%
Medicare, 4%
Medicaid, 4%

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Record Management Specialist
Record Management Specialist vs Reimbursement Specialist

Updated January 8, 2025

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