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Reimbursement specialist vs medical record assistant

The differences between reimbursement specialists and medical record assistants 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 specialist and a medical record assistant. Additionally, a reimbursement specialist has an average salary of $38,273, which is higher than the $34,870 average annual salary of a medical record assistant.

The top three skills for a reimbursement specialist include patients, customer service and appeals. The most important skills for a medical record assistant are patients, data entry, and HIPAA.

Reimbursement specialist vs medical record assistant overview

Reimbursement SpecialistMedical Record Assistant
Yearly salary$38,273$34,870
Hourly rate$18.40$16.76
Growth rate11%11%
Number of jobs32,29291,238
Job satisfaction--
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 34%
Average age4545
Years of experience1212

What does a reimbursement specialist do?

A reimbursement specialist is responsible for analyzing insurance documents, processing reimbursement claims, and releasing accurate billing statements for insurance claims. Reimbursement specialists must have excellent analytical skills, especially on performing clerical tasks to evaluate insurance cases, investigate cases, and update the account information of the clients on the database. They should also have impeccable communication skills and understanding of the insurance processes to be able to coordinate with the clients, explaining the procedures of their claims accurately, and coordinate with the insurance management to improve the claims processes.

What does a medical record assistant do?

A medical record assistant is responsible for the proper documentation of the patients' information and medical records for reference to the attending physician or other medical professionals. Medical record assistants also track the patient's medical treatments and progress, as well as their health insurance details and coverage. They also respond to the patient's inquiries and concerns, including scheduling physician's appointments and updating the patients for any released medical results. A medical record assistant must have excellent communication and organizational skills, categorizing documents, and retrieving files for medical needs.

Reimbursement specialist vs medical record assistant salary

Reimbursement specialists and medical record assistants have different pay scales, as shown below.

Reimbursement SpecialistMedical Record Assistant
Average salary$38,273$34,870
Salary rangeBetween $29,000 And $49,000Between $28,000 And $43,000
Highest paying CityLynchburg, VANapa, CA
Highest paying stateVirginiaAlaska
Best paying companyNovartisNelson Mullins Riley & Scarborough
Best paying industryPharmaceuticalGovernment

Differences between reimbursement specialist and medical record assistant education

There are a few differences between a reimbursement specialist and a medical record assistant in terms of educational background:

Reimbursement SpecialistMedical Record Assistant
Most common degreeBachelor's Degree, 40%Bachelor's Degree, 34%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Reimbursement specialist vs medical record assistant demographics

Here are the differences between reimbursement specialists' and medical record assistants' demographics:

Reimbursement SpecialistMedical Record Assistant
Average age4545
Gender ratioMale, 15.2% Female, 84.8%Male, 17.3% Female, 82.7%
Race ratioBlack or African American, 9.8% Unknown, 4.2% Hispanic or Latino, 16.9% Asian, 8.1% White, 59.8% American Indian and Alaska Native, 1.3%Black or African American, 9.1% Unknown, 4.2% Hispanic or Latino, 16.9% Asian, 8.5% White, 60.0% American Indian and Alaska Native, 1.3%
LGBT Percentage9%9%

Differences between reimbursement specialist and medical record assistant duties and responsibilities

Reimbursement specialist example responsibilities.

  • Manage the EDI clearinghouse rejections.
  • Process department payroll, order supplies, and manage petty-cash funds.
  • Manage use of various systems, such as MEDITECH, Cerner, WebNow, and yield-base follow-up tool.
  • Manage cases by aggressively directing the litigation process.
  • Negotiate fee structure for manage care contracts on acute and rehabilitation facilities.
  • Research medical coding ICD-9, ICD-10, HCPCS and CPT-4 to let client know the outcome of medical claim.
  • Show more

Medical record assistant example responsibilities.

  • Lead special department-wide task force initiative to minimize abuse of Oxycontin prescriptions bill to Medicaid.
  • Manage and organize all paperwork concerning caregivers and patients; organize filing system; ensure operation of electronic filing systems.
  • Work with EHR, provide medical records to patients and specialty centers.
  • Guide department through transition from paper charts to EHR system scan all patient records into database.
  • Scan documents into electronic medical records system and certify HIPAA compliance
  • Implement HIPAA guidelines in keeping patient information secure and confidential.
  • Show more

Reimbursement specialist vs medical record assistant skills

Common reimbursement specialist skills
  • Patients, 20%
  • Customer Service, 9%
  • Appeals, 6%
  • CPT, 5%
  • Medicare, 4%
  • Medicaid, 4%
Common medical record assistant skills
  • Patients, 37%
  • Data Entry, 8%
  • HIPAA, 6%
  • Patient Care, 4%
  • Vital Signs, 4%
  • Medical Terminology, 3%

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