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The differences between records management analysts 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 records management analyst and a reimbursement specialist. Additionally, a records management analyst has an average salary of $47,594, which is higher than the $38,273 average annual salary of a reimbursement specialist.
The top three skills for a records management analyst include recordkeeping, technical support and management training. The most important skills for a reimbursement specialist are patients, customer service, and appeals.
| Records Management Analyst | Reimbursement Specialist | |
| Yearly salary | $47,594 | $38,273 |
| Hourly rate | $22.88 | $18.40 |
| Growth rate | 11% | 11% |
| Number of jobs | 80,202 | 32,292 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 40% |
| Average age | 45 | 45 |
| Years of experience | 12 | 12 |
Records management analysts evaluate records management systems to improve the existing methods for efficient protection and disposing of business information and records. These analysts may draft storage space layout and office to plot the location of equipment and compute space availability. They review governmental record-keeping requirements and retention schedules to determine the timetable of transferring active records to archival storage. Additionally, they monitor environment availability like troubleshooting a related problem and giving tickets with problem solutions to management.
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.
Records management analysts and reimbursement specialists have different pay scales, as shown below.
| Records Management Analyst | Reimbursement Specialist | |
| Average salary | $47,594 | $38,273 |
| Salary range | Between $32,000 And $70,000 | Between $29,000 And $49,000 |
| Highest paying City | Washington, DC | Lynchburg, VA |
| Highest paying state | Maryland | Virginia |
| Best paying company | Barclays | Novartis |
| Best paying industry | Professional | Pharmaceutical |
There are a few differences between a records management analyst and a reimbursement specialist in terms of educational background:
| Records Management Analyst | Reimbursement Specialist | |
| Most common degree | Bachelor's Degree, 49% | Bachelor's Degree, 40% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between records management analysts' and reimbursement specialists' demographics:
| Records Management Analyst | 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, 10.5% Unknown, 4.2% Hispanic or Latino, 17.1% Asian, 8.6% White, 58.4% American Indian and Alaska Native, 1.3% | 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% |