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The differences between reimbursement analysts and medical records clerks 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 a medical records clerk. Additionally, a reimbursement analyst has an average salary of $65,489, which is higher than the $32,491 average annual salary of a medical records clerk.
The top three skills for a reimbursement analyst include patients, medicare and medicaid. The most important skills for a medical records clerk are patients, customer service, and data entry.
| Reimbursement Analyst | Medical Records Clerk | |
| Yearly salary | $65,489 | $32,491 |
| Hourly rate | $31.49 | $15.62 |
| Growth rate | 11% | 11% |
| Number of jobs | 10,216 | 129,998 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 62% | Associate Degree, 29% |
| Average age | 45 | 45 |
| Years of experience | 12 | 12 |
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.
Medical records clerks are employees in hospitals or clinics who manage office records. They are in charge of creating, updating, and filing patient-related medical records and other related documents. They ensure that all documents are correctly filled out and labeled before storing them safely in their respective storage areas. They may also be in charge of digitizing forms for easier access to files and back up purposes. They ensure that medical records are exact and updated. Medical records clerks should be organized and must always be on top of all tasks related to patient or medical records.
Reimbursement analysts and medical records clerks have different pay scales, as shown below.
| Reimbursement Analyst | Medical Records Clerk | |
| Average salary | $65,489 | $32,491 |
| Salary range | Between $48,000 And $87,000 | Between $25,000 And $40,000 |
| Highest paying City | Quincy, MA | Rochester, NY |
| Highest paying state | Massachusetts | Alaska |
| Best paying company | Tufts Health Plan | University of California, Berkeley |
| Best paying industry | Pharmaceutical | Health Care |
There are a few differences between a reimbursement analyst and a medical records clerk in terms of educational background:
| Reimbursement Analyst | Medical Records Clerk | |
| Most common degree | Bachelor's Degree, 62% | Associate Degree, 29% |
| Most common major | Business | Health Care Administration |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between reimbursement analysts' and medical records clerks' demographics:
| Reimbursement Analyst | Medical Records Clerk | |
| Average age | 45 | 45 |
| Gender ratio | Male, 27.4% Female, 72.6% | Male, 13.1% Female, 86.9% |
| Race ratio | Black 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, 9.2% Unknown, 4.2% Hispanic or Latino, 17.3% Asian, 7.8% White, 60.2% American Indian and Alaska Native, 1.3% |
| LGBT Percentage | 9% | 9% |