Reimbursement analyst vs records analyst

The differences between reimbursement analysts and records analysts 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 records analyst. Additionally, a reimbursement analyst has an average salary of $65,489, which is higher than the $44,714 average annual salary of a records analyst.

The top three skills for a reimbursement analyst include patients, medicare and medicaid. The most important skills for a records analyst are data entry, powerpoint, and sharepoint.

Reimbursement analyst vs records analyst overview

	Reimbursement Analyst	Records Analyst
Yearly salary	$65,489	$44,714
Hourly rate	$31.49	$21.50
Growth rate	11%	11%
Number of jobs	10,216	18,442
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 53%
Average age	45	45
Years of experience	12	12

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 a records analyst do?

A records analyst is responsible for maintaining the security and efficiency of record management processes for storing information and files in the database. Records analysts review documents and sort data accordingly, following organizational procedures in proper disposal of outdated documents. They also update client accounts and business information in the system, managing retention schedules, and strategizing effective data management techniques. A records analyst must have excellent knowledge of computer navigation, especially in using software applications for filing and coding data.

Reimbursement analyst vs records analyst salary

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

	Reimbursement Analyst	Records Analyst
Average salary	$65,489	$44,714
Salary range	Between $48,000 And $87,000	Between $31,000 And $62,000
Highest paying City	Quincy, MA	Washington, DC
Highest paying state	Massachusetts	New Jersey
Best paying company	Tufts Health Plan	Guidehouse
Best paying industry	Pharmaceutical	Professional

Differences between reimbursement analyst and records analyst education

There are a few differences between a reimbursement analyst and a records analyst in terms of educational background:

	Reimbursement Analyst	Records Analyst
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 53%
Most common major	Business	Business
Most common college	University of Pennsylvania	California State University - Bakersfield

Reimbursement analyst vs records analyst demographics

Here are the differences between reimbursement analysts' and records analysts' demographics:

	Reimbursement Analyst	Records Analyst
Average age	45	45
Gender ratio	Male, 27.4% Female, 72.6%	Male, 31.2% Female, 68.8%
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, 10.4% Unknown, 4.2% Hispanic or Latino, 17.1% Asian, 8.6% White, 58.4% American Indian and Alaska Native, 1.3%
LGBT Percentage	9%	9%

Differences between reimbursement analyst and records analyst 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.

Records analyst example responsibilities.

Manage the research, processing and auditing of maintenance records from all maintenance facilities to ensure FAA compliance.
Ensure compliance with all HIPAA requirements
Assist in the execution of search warrants and submissions of subpoenas.
Train new staff on FDA regulate & non-FDA regulate eBDR procedures.
Examine documents to ensure compliance with HIPAA, FERPA, and other applicable law.
Update forms on an ongoing basis to conform to HIPPA policies and school needs.

Reimbursement analyst vs records analyst skills

Common reimbursement analyst skills

Patients, 11%
Medicare, 7%
Medicaid, 7%
Home Health, 5%
Appeals, 5%
Revenue Cycle, 4%

Common records analyst skills

Data Entry, 22%
PowerPoint, 13%
SharePoint, 8%
Retention Schedules, 6%
Hard Copy, 5%
FAA, 4%

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Reimbursement Analyst vs Records Analyst

Updated January 8, 2025

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