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Reimbursement analyst vs information coordinator

The differences between reimbursement analysts and information coordinators can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-12 months to become both a reimbursement analyst and an information coordinator. Additionally, a reimbursement analyst has an average salary of $65,489, which is higher than the $49,118 average annual salary of an information coordinator.

The top three skills for a reimbursement analyst include patients, medicare and medicaid. The most important skills for an information coordinator are patients, customer service, and medical terminology.

Reimbursement analyst vs information coordinator overview

Reimbursement AnalystInformation Coordinator
Yearly salary$65,489$49,118
Hourly rate$31.49$23.61
Growth rate11%11%
Number of jobs10,21684,359
Job satisfaction--
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 59%
Average age4545
Years of experience1212

What does a reimbursement analyst do?

A reimbursement analyst is responsible for determining patients' billing statements and approving reimbursement claims. Reimbursement analysts review reimbursement requests, respond to patients' inquiries and concerns, and resolve billing discrepancies. They also validate patients' information and medical documents to support claims and process reimbursement efficiently. A reimbursement analyst must have excellent analytical and communication skills, as well as have extensive knowledge of the reimbursement policies and procedures to release payments and manage the patients' eligibility for reimbursement.

What does an information coordinator do?

An information coordinator is an individual who is responsible for collecting, analyzing, processing, and distributing information according to an organization's policies. With effective communication skills, information coordinators must serve as the main spokesperson for the company who deals primarily with the media and reporters. They are required to provide annual reports, company newsletters, and information so that investors can decide whether to invest in the company. Information coordinators must also maintain the security and confidentiality of the records of clients as well as other confidential information.

Reimbursement analyst vs information coordinator salary

Reimbursement analysts and information coordinators have different pay scales, as shown below.

Reimbursement AnalystInformation Coordinator
Average salary$65,489$49,118
Salary rangeBetween $48,000 And $87,000Between $34,000 And $69,000
Highest paying CityQuincy, MASan Francisco, CA
Highest paying stateMassachusettsNew Jersey
Best paying companyTufts Health PlanMayer Brown
Best paying industryPharmaceuticalManufacturing

Differences between reimbursement analyst and information coordinator education

There are a few differences between a reimbursement analyst and an information coordinator in terms of educational background:

Reimbursement AnalystInformation Coordinator
Most common degreeBachelor's Degree, 62%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaStanford University

Reimbursement analyst vs information coordinator demographics

Here are the differences between reimbursement analysts' and information coordinators' demographics:

Reimbursement AnalystInformation Coordinator
Average age4545
Gender ratioMale, 27.4% Female, 72.6%Male, 28.0% Female, 72.0%
Race ratioBlack or African American, 9.9% Unknown, 4.2% Hispanic or Latino, 16.4% Asian, 8.4% White, 59.9% American Indian and Alaska Native, 1.2%Black or African American, 8.8% Unknown, 4.2% Hispanic or Latino, 17.5% Asian, 7.9% White, 60.4% American Indian and Alaska Native, 1.3%
LGBT Percentage9%9%

Differences between reimbursement analyst and information coordinator duties and responsibilities

Reimbursement analyst example responsibilities.

  • Cultivate relationships with key contacts at insurance companies and manage care organizations, CMS and medical professional societies.
  • Contract interpretation and enforcement of the agreement with multiple medical insurance companies through written and oral appeals is accomplished daily.
  • Coordinate third party audits, defend preferential reporting practices and maintain current knowledge of Medicare and Medicaid reimbursement regulations.
  • Update Meditech charge master with correct pharmacy pricing and HCPCS codes.
  • Provide overall follow-up and coordination with Medicare and Medicare HMO plans and process with Medicare and Medicare HMO adjustments.
  • Train on and implement eClinicalworks for several physician practices, taking them live from paper to full electronic medical records.
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Information coordinator example responsibilities.

  • Achieve this goal by providing clear policies/justification for initiatives which impact designated FTE's.
  • Arrange and complete ICD 9 and CPT coding for routine surgery procedures.
  • Create and proofread certificates of recognition, in memoriams, action requests and transfer memos.
  • Analyze requests to adhere to guidelines for proper authorization set forth under HIPPA and Iowa law.
  • Maintain and set forth standards for this facility in respect to charting and compliance with HIPPA regulations.
  • Proofread physician correspondence for spelling, grammar, and layout, making appropriate changes to ensure accuracy and clarity.
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Reimbursement analyst vs information coordinator skills

Common reimbursement analyst skills
  • Patients, 11%
  • Medicare, 7%
  • Medicaid, 7%
  • Home Health, 5%
  • Appeals, 5%
  • Revenue Cycle, 4%
Common information coordinator skills
  • Patients, 16%
  • Customer Service, 12%
  • Medical Terminology, 8%
  • Data Entry, 7%
  • HIPAA, 7%
  • Patient Care, 5%

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