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The differences between reimbursement specialists 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 specialist and a records coordinator. Additionally, a records coordinator has an average salary of $40,360, which is higher than the $38,273 average annual salary of a reimbursement specialist.
The top three skills for a reimbursement specialist include patients, customer service and appeals. The most important skills for a records coordinator are customer service, data entry, and patients.
| Reimbursement Specialist | Records Coordinator | |
| Yearly salary | $38,273 | $40,360 |
| Hourly rate | $18.40 | $19.40 |
| Growth rate | 11% | 11% |
| Number of jobs | 32,292 | 25,060 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 40% | Bachelor's Degree, 51% |
| Average age | 45 | 45 |
| Years of experience | 12 | 12 |
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.
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 specialists and records coordinators have different pay scales, as shown below.
| Reimbursement Specialist | Records Coordinator | |
| Average salary | $38,273 | $40,360 |
| Salary range | Between $29,000 And $49,000 | Between $30,000 And $53,000 |
| Highest paying City | Lynchburg, VA | Trenton, NJ |
| Highest paying state | Virginia | New Jersey |
| Best paying company | Novartis | The American Musical and Dramatic Academy |
| Best paying industry | Pharmaceutical | Energy |
There are a few differences between a reimbursement specialist and a records coordinator in terms of educational background:
| Reimbursement Specialist | Records Coordinator | |
| Most common degree | Bachelor's Degree, 40% | Bachelor's Degree, 51% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between reimbursement specialists' and records coordinators' demographics:
| Reimbursement Specialist | Records Coordinator | |
| Average age | 45 | 45 |
| Gender ratio | Male, 15.2% Female, 84.8% | Male, 26.7% Female, 73.3% |
| Race ratio | Black 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, 9.5% 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% |