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Senior billing analyst vs medical billing and coding externship

The differences between senior billing analysts and medical billing and coding externships can be seen in a few details. Each job has different responsibilities and duties. It typically takes 1-2 years to become both a senior billing analyst and a medical billing and coding externship. Additionally, a senior billing analyst has an average salary of $58,951, which is higher than the $36,112 average annual salary of a medical billing and coding externship.

The top three skills for a senior billing analyst include reconciliations, SQL and financial reports. The most important skills for a medical billing and coding externship are patients, insurance eligibility, and data entry.

Senior billing analyst vs medical billing and coding externship overview

Senior Billing AnalystMedical Billing And Coding Externship
Yearly salary$58,951$36,112
Hourly rate$28.34$17.36
Growth rate-3%-3%
Number of jobs30,59898,089
Job satisfaction--
Most common degreeBachelor's Degree, 56%Diploma, 43%
Average age4646
Years of experience22

Senior billing analyst vs medical billing and coding externship salary

Senior billing analysts and medical billing and coding externships have different pay scales, as shown below.

Senior Billing AnalystMedical Billing And Coding Externship
Average salary$58,951$36,112
Salary rangeBetween $41,000 And $84,000Between $30,000 And $42,000
Highest paying CityWashington, DC-
Highest paying stateWashington-
Best paying companyBayer-
Best paying industryFinance-

Differences between senior billing analyst and medical billing and coding externship education

There are a few differences between a senior billing analyst and a medical billing and coding externship in terms of educational background:

Senior Billing AnalystMedical Billing And Coding Externship
Most common degreeBachelor's Degree, 56%Diploma, 43%
Most common majorBusinessHealth Care Administration
Most common collegeUniversity of PennsylvaniaBoston University

Senior billing analyst vs medical billing and coding externship demographics

Here are the differences between senior billing analysts' and medical billing and coding externships' demographics:

Senior Billing AnalystMedical Billing And Coding Externship
Average age4646
Gender ratioMale, 31.1% Female, 68.9%Male, 11.8% Female, 88.2%
Race ratioBlack or African American, 10.5% Unknown, 4.4% Hispanic or Latino, 18.6% Asian, 7.8% White, 57.8% American Indian and Alaska Native, 0.9%Black or African American, 10.6% Unknown, 4.3% Hispanic or Latino, 21.8% Asian, 6.8% White, 55.7% American Indian and Alaska Native, 0.8%
LGBT Percentage7%7%

Differences between senior billing analyst and medical billing and coding externship duties and responsibilities

Senior billing analyst example responsibilities.

  • Lead the requirement gathering effort from key customers for development of new JAVA applications and for troubleshooting customer issues.
  • Range of knowledge in CPT, ICD-9, HCPCS codes and other billing standards.
  • Forecast, prepare, and analyze cash flow, DSO, and bad debt reserve
  • Monitor compliance to corporate financial and legal policies and (Sarbanes-Oxley law) SOX compliance.
  • Maintain invoice files and supporting documentation as required for audits and in accordance with SOX requirements.
  • Prepare certification of medical necessity and prior authorization forms for Medicaid reimbursement and follow through on appeals when applicable.
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Medical billing and coding externship example responsibilities.

  • Manage chart completion (ICD-9-CM and CPT coding/abstracting), chart assembly and analysis, patient admission and patient information privacy/security.
  • Verify correct ICD-10 and CPT codes for a variety of specialties.
  • Review physicians' appointment notes to determine appropriate ICD-9 and HCPCS code for the medical service render.
  • Identify and code the principal diagnosis and procedures using ICD-9-CM and CPT-4 codes to each patient's medical records
  • Perform billing and collection procedures, utilize CPT-4 and ICD-9 coding, insurance claim preparation, processing and follow-ups.
  • Resolve and research of insurance denials, rejections, providing correction of claims, involving CPT and HCPCS codes.
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Senior billing analyst vs medical billing and coding externship skills

Common senior billing analyst skills
  • Reconciliations, 7%
  • SQL, 7%
  • Financial Reports, 5%
  • Billing Issues, 5%
  • Process Improvement, 5%
  • Epic, 5%
Common medical billing and coding externship skills
  • Patients, 23%
  • Insurance Eligibility, 6%
  • Data Entry, 5%
  • EOB, 5%
  • Insurance Verification, 4%
  • CPT-4, 3%

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