Reimbursement analyst vs records manager

The differences between reimbursement analysts and records managers 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 manager. Additionally, a reimbursement analyst has an average salary of $65,489, which is higher than the $47,265 average annual salary of a records manager.

The top three skills for a reimbursement analyst include patients, medicare and medicaid. The most important skills for a records manager are office equipment, access database, and sharepoint.

Reimbursement analyst vs records manager overview

	Reimbursement Analyst	Records Manager
Yearly salary	$65,489	$47,265
Hourly rate	$31.49	$22.72
Growth rate	11%	11%
Number of jobs	10,216	3,204
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 manager do?

The records manager is an important position that handles the creation, organization, and disposal of records. They are also responsible for establishing systems for their management and the maintenance, verification, and evaluation of extant systems. It will require technical and analytical skills, as well as a great deal of integrity for handling sensitive information.

Reimbursement analyst vs records manager salary

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

	Reimbursement Analyst	Records Manager
Average salary	$65,489	$47,265
Salary range	Between $48,000 And $87,000	Between $32,000 And $68,000
Highest paying City	Quincy, MA	Paramus, NJ
Highest paying state	Massachusetts	New Jersey
Best paying company	Tufts Health Plan	Accenture
Best paying industry	Pharmaceutical	Professional

Differences between reimbursement analyst and records manager education

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

	Reimbursement Analyst	Records Manager
Most common degree	Bachelor's Degree, 62%	Bachelor's Degree, 53%
Most common major	Business	Business
Most common college	University of Pennsylvania	Stanford University

Reimbursement analyst vs records manager demographics

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

	Reimbursement Analyst	Records Manager
Average age	45	45
Gender ratio	Male, 27.4% Female, 72.6%	Male, 43.1% Female, 56.9%
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, 10.5% Unknown, 4.2% Hispanic or Latino, 16.9% Asian, 8.1% White, 59.1% American Indian and Alaska Native, 1.3%
LGBT Percentage	9%	9%

Differences between reimbursement analyst and records manager 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 manager example responsibilities.

Implement and manage projects with complex HL7 interfaces between multiple clinical systems including writing project plans.
Establish compliant records training program to meet objectives in standards such as HIPAA, FOIA.
Develop and execute recordkeeping and docketing system to track activities of multi-district class action litigation, and introduce records retention policies/procedures.
Ensure record privacy, confidentiality, and HIPAA compliance.
Maintain all student records in compliance with HIPPA and Medicaid.
Ensure records are readily available for re-use, regulatory review, audit, and litigation.

Reimbursement analyst vs records manager skills

Common reimbursement analyst skills

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

Common records manager skills

Office Equipment, 16%
Access Database, 12%
SharePoint, 10%
DOD, 7%
Nara, 5%
Payroll, 4%

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Reimbursement Analyst vs Records Manager

Updated January 8, 2025

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