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Reimbursement analyst vs release of information specialist

The differences between reimbursement analysts and releases of information specialist 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 release of information specialist. Additionally, a reimbursement analyst has an average salary of $65,489, which is higher than the $45,891 average annual salary of a release of information specialist.

The top three skills for a reimbursement analyst include patients, medicare and medicaid. The most important skills for a release of information specialist are patients, HIPAA, and customer service.

Reimbursement analyst vs release of information specialist overview

Reimbursement AnalystRelease Of Information Specialist
Yearly salary$65,489$45,891
Hourly rate$31.49$22.06
Growth rate11%11%
Number of jobs10,21668,103
Job satisfaction--
Most common degreeBachelor's Degree, 62%Associate Degree, 36%
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 a release of information specialist do?

A release of information specialist is primarily in charge of retrieving and releasing data to qualified recipients while adhering to the guidelines and confidentiality protocols that aim to protect sensitive information. Although the extent of their responsibilities usually depends on their industry or company of employment, it usually includes maintaining records of procedures and transactions, preparing and processing documents, organizing files, producing progress reports to managers, and keeping an eye out for any inconsistencies, resolving them promptly and efficiently.

Reimbursement analyst vs release of information specialist salary

Reimbursement analysts and releases of information specialist have different pay scales, as shown below.

Reimbursement AnalystRelease Of Information Specialist
Average salary$65,489$45,891
Salary rangeBetween $48,000 And $87,000Between $23,000 And $91,000
Highest paying CityQuincy, MANew York, NY
Highest paying stateMassachusettsConnecticut
Best paying companyTufts Health PlanAstraZeneca
Best paying industryPharmaceuticalInsurance

Differences between reimbursement analyst and release of information specialist education

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

Reimbursement AnalystRelease Of Information Specialist
Most common degreeBachelor's Degree, 62%Associate Degree, 36%
Most common majorBusinessHealth Care Administration
Most common collegeUniversity of PennsylvaniaUniversity of Southern California

Reimbursement analyst vs release of information specialist demographics

Here are the differences between reimbursement analysts' and releases of information specialist' demographics:

Reimbursement AnalystRelease Of Information Specialist
Average age4545
Gender ratioMale, 27.4% Female, 72.6%Male, 14.4% Female, 85.6%
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, 10.6% Unknown, 4.2% Hispanic or Latino, 16.4% Asian, 8.4% White, 59.1% American Indian and Alaska Native, 1.2%
LGBT Percentage9%9%

Differences between reimbursement analyst and release of information specialist 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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Release of information specialist example responsibilities.

  • Manage and track various holds on inventory: ship on quarantine; FDA hold; and quality hold.
  • Apply insurance knowledge to interpret EOB, all manage contracts and fee schedules for physician services and hospital services.
  • Generate reports for managing compliance with Medicaid documentation in support of electronic billing to MCO
  • Deliver customer service to patients and their families regarding access to their medical history information.
  • Assist clients with choosing a Medicaid HMO.
  • Handle Meditech requests then enter information into Esmartlog.
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Reimbursement analyst vs release of information specialist skills

Common reimbursement analyst skills
  • Patients, 11%
  • Medicare, 7%
  • Medicaid, 7%
  • Home Health, 5%
  • Appeals, 5%
  • Revenue Cycle, 4%
Common release of information specialist skills
  • Patients, 24%
  • HIPAA, 16%
  • Customer Service, 6%
  • Medical Terminology, 5%
  • ROI, 5%
  • Hippa, 5%

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