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Referral specialist vs insurance verification specialist

The differences between referral specialists and insurance verification specialists can be seen in a few details. Each job has different responsibilities and duties. Additionally, a referral specialist has an average salary of $36,143, which is higher than the $33,043 average annual salary of an insurance verification specialist.

The top three skills for a referral specialist include patients, customer service and medical terminology. The most important skills for an insurance verification specialist are patients, insurance verification, and customer service.

Referral specialist vs insurance verification specialist overview

Referral SpecialistInsurance Verification Specialist
Yearly salary$36,143$33,043
Hourly rate$17.38$15.89
Growth rate-8%6%
Number of jobs72,01671,688
Job satisfaction4-
Most common degreeBachelor's Degree, 44%Associate Degree, 27%
Average age4946
Years of experience2-

What does a referral specialist do?

Referral specialists are responsible for ensuring patients are already cleared for specialty service office visits. They resolve registration, pre-certification, and case-related affairs before the client's appointment. Also, they give support to clinical staff to manage the administrative components of clinical referrals for many services. They must gather relevant information from financial counselors, insurance carriers, and other supplementary staff to make sure the patient's financial responsibility for services are provided. Additionally, they act as a liaison between the patients, physicians, hospitals, health insurance vendors, or other referral sources.

What does an insurance verification specialist do?

An insurance verification specialist is responsible for confirming a patient's insurance details and eligibility to receive medical care services. Insurance verification specialists review the insurance documents of the patients, including its coverage and limitations, and escalate concerns to the supervisor for immediate resolution. They process paperwork accordingly upon coordinating with the patients and attending health professionals. An insurance verification specialist must have excellent communication and organizational skills, finishing administrative tasks efficiently under minimal supervision.

Referral specialist vs insurance verification specialist salary

Referral specialists and insurance verification specialists have different pay scales, as shown below.

Referral SpecialistInsurance Verification Specialist
Average salary$36,143$33,043
Salary rangeBetween $29,000 And $43,000Between $28,000 And $37,000
Highest paying CityWashington, DCMadison, WI
Highest paying stateConnecticutNew Hampshire
Best paying companyCognizantSt. Luke's Cataract & Laser Institute
Best paying industryNon ProfitsPharmaceutical

Differences between referral specialist and insurance verification specialist education

There are a few differences between a referral specialist and an insurance verification specialist in terms of educational background:

Referral SpecialistInsurance Verification Specialist
Most common degreeBachelor's Degree, 44%Associate Degree, 27%
Most common majorBusinessHealth Care Administration
Most common college-University of Pennsylvania

Referral specialist vs insurance verification specialist demographics

Here are the differences between referral specialists' and insurance verification specialists' demographics:

Referral SpecialistInsurance Verification Specialist
Average age4946
Gender ratioMale, 15.3% Female, 84.7%Male, 11.4% Female, 88.6%
Race ratioBlack or African American, 9.6% Unknown, 3.8% Hispanic or Latino, 12.0% Asian, 3.8% White, 70.6% American Indian and Alaska Native, 0.4%Black or African American, 9.3% Unknown, 3.6% Hispanic or Latino, 16.0% Asian, 4.9% White, 66.1% American Indian and Alaska Native, 0.1%
LGBT Percentage9%7%

Differences between referral specialist and insurance verification specialist duties and responsibilities

Referral specialist example responsibilities.

  • Manage assignments of paying medical bills limit in depth that include organizing and researching regulations as pertain to veterans eligibility.
  • Interview patients, evaluate eligibility, collect co-pays, deductibles, including, but not limit to insurance verification.
  • Input HIPAA information, call physician offices to verify testing, collect copay's and deductibles.
  • Arrange for debt repayments or establish repayment schedules and send out insurance claims with the correct ICD-9 and CPT codes.
  • Research referrals and either deny or approve based on information obtain and appropriately identify diagnosis (CPT and ICD-9 coding).
  • Maintain confidentiality by following all applicable HIPAA regulations.
  • Show more

Insurance verification specialist example responsibilities.

  • Check CPT and ICD-10 codes with LCD and policies from multiple insurance companies to make sure procedures will be paid.
  • Support the patient privacy/confidentiality policies and regulations under HIPAA for patients and their medical records.
  • Confirm correct charges base on HCPCS codes.
  • Assist callers as well with questions about their benefits, terms and conditions of medical plans, appeals and grievances.
  • Provide medical record support in the absence of EMR: assist clinics and hospitals in obtaining medical records in appropriate format.
  • Document outbound communication from providers and veterans.
  • Show more

Referral specialist vs insurance verification specialist skills

Common referral specialist skills
  • Patients, 17%
  • Customer Service, 12%
  • Medical Terminology, 9%
  • PET, 6%
  • Patient Care, 3%
  • Data Entry, 3%
Common insurance verification specialist skills
  • Patients, 25%
  • Insurance Verification, 15%
  • Customer Service, 7%
  • Insurance Eligibility, 5%
  • Data Entry, 4%
  • Medical Terminology, 4%

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