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The differences between reimbursement analysts and records 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 a records coordinator. Additionally, a reimbursement analyst has an average salary of $65,489, which is higher than the $40,360 average annual salary of a records coordinator.
The top three skills for a reimbursement analyst include patients, medicare and medicaid. The most important skills for a records coordinator are customer service, data entry, and patients.
| Reimbursement Analyst | Records Coordinator | |
| Yearly salary | $65,489 | $40,360 |
| Hourly rate | $31.49 | $19.40 |
| Growth rate | 11% | 11% |
| Number of jobs | 10,216 | 25,060 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 51% |
| 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.
A records coordinator takes responsibility for doing administrative and clerical work. Records coordinators maintain the filing system of the central records. They monitor, post, and process university forms for personnel and budgetary actions. It is their job to maintain an organized central filing system. They must know the requirements applicable to their organization. There are certain skills every records coordinator should acquire. Some of them are skills in procurement management, organizational, negotiation, finance and accounting, and analytical.
Reimbursement analysts and records coordinators have different pay scales, as shown below.
| Reimbursement Analyst | Records Coordinator | |
| Average salary | $65,489 | $40,360 |
| Salary range | Between $48,000 And $87,000 | Between $30,000 And $53,000 |
| Highest paying City | Quincy, MA | Trenton, NJ |
| Highest paying state | Massachusetts | New Jersey |
| Best paying company | Tufts Health Plan | The American Musical and Dramatic Academy |
| Best paying industry | Pharmaceutical | Energy |
There are a few differences between a reimbursement analyst and a records coordinator in terms of educational background:
| Reimbursement Analyst | Records Coordinator | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 51% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between reimbursement analysts' and records coordinators' demographics:
| Reimbursement Analyst | Records Coordinator | |
| Average age | 45 | 45 |
| Gender ratio | Male, 27.4% Female, 72.6% | Male, 26.7% Female, 73.3% |
| 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, 9.5% Unknown, 4.2% Hispanic or Latino, 17.6% Asian, 8.5% White, 59.0% American Indian and Alaska Native, 1.3% |
| LGBT Percentage | 9% | 9% |