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The differences between reimbursement specialists and records specialists 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 specialist. Additionally, a reimbursement specialist has an average salary of $38,273, which is higher than the $33,273 average annual salary of a records specialist.
The top three skills for a reimbursement specialist include patients, customer service and appeals. The most important skills for a records specialist are customer service, data entry, and office equipment.
| Reimbursement Specialist | Records Specialist | |
| Yearly salary | $38,273 | $33,273 |
| Hourly rate | $18.40 | $16.00 |
| Growth rate | 11% | 11% |
| Number of jobs | 32,292 | 28,647 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 40% | Bachelor's Degree, 47% |
| 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.
Records Specialists are administrative professionals who help manage the records of the company. These records may be physical documents or digital copies that are stored in a database. Records Specialists may assist in creating filing systems and knowledge management systems to ensure that the records they keep are easily accessible. They also keep an organized list or database of all the documents that are with them. Records Specialists are in charge of pulling up records upon the request of different departments or individuals. If they are working with physical copies, they ensure that these documents are returned to them. If they are working with digital copies, they ensure that the files they share are kept confidential. Records Specialists may also be in charge of analyzing trends and creating records-related reports.
Reimbursement specialists and records specialists have different pay scales, as shown below.
| Reimbursement Specialist | Records Specialist | |
| Average salary | $38,273 | $33,273 |
| Salary range | Between $29,000 And $49,000 | Between $26,000 And $42,000 |
| Highest paying City | Lynchburg, VA | San Mateo, CA |
| Highest paying state | Virginia | Oregon |
| Best paying company | Novartis | Mt. San Antonio College |
| Best paying industry | Pharmaceutical | Government |
There are a few differences between a reimbursement specialist and a records specialist in terms of educational background:
| Reimbursement Specialist | Records Specialist | |
| Most common degree | Bachelor's Degree, 40% | Bachelor's Degree, 47% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between reimbursement specialists' and records specialists' demographics:
| Reimbursement Specialist | Records Specialist | |
| Average age | 45 | 45 |
| Gender ratio | Male, 15.2% Female, 84.8% | Male, 29.8% Female, 70.2% |
| 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, 8.9% Unknown, 4.2% Hispanic or Latino, 17.5% Asian, 8.5% White, 59.6% American Indian and Alaska Native, 1.3% |
| LGBT Percentage | 9% | 9% |