Senior billing analyst vs medicare billing specialist

The differences between senior billing analysts and medicare billing specialists 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 medicare billing specialist. Additionally, a senior billing analyst has an average salary of $58,951, which is higher than the $36,773 average annual salary of a medicare billing specialist.

The top three skills for a senior billing analyst include reconciliations, SQL and financial reports. The most important skills for a medicare billing specialist are patients, patient accounts, and data entry.

Senior billing analyst vs medicare billing specialist overview

	Senior Billing Analyst	Medicare Billing Specialist
Yearly salary	$58,951	$36,773
Hourly rate	$28.34	$17.68
Growth rate	-3%	-3%
Number of jobs	30,598	54,593
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 56%	Associate Degree, 34%
Average age	46	46
Years of experience	2	2

Senior billing analyst vs medicare billing specialist salary

Senior billing analysts and medicare billing specialists have different pay scales, as shown below.

	Senior Billing Analyst	Medicare Billing Specialist
Average salary	$58,951	$36,773
Salary range	Between $41,000 And $84,000	Between $30,000 And $44,000
Highest paying City	Washington, DC	-
Highest paying state	Washington	-
Best paying company	Bayer	-
Best paying industry	Finance	-

Differences between senior billing analyst and medicare billing specialist education

There are a few differences between a senior billing analyst and a medicare billing specialist in terms of educational background:

	Senior Billing Analyst	Medicare Billing Specialist
Most common degree	Bachelor's Degree, 56%	Associate Degree, 34%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Senior billing analyst vs medicare billing specialist demographics

Here are the differences between senior billing analysts' and medicare billing specialists' demographics:

	Senior Billing Analyst	Medicare Billing Specialist
Average age	46	46
Gender ratio	Male, 31.1% Female, 68.9%	Male, 9.3% Female, 90.7%
Race ratio	Black 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, 10.3% Unknown, 4.4% Hispanic or Latino, 16.5% Asian, 7.9% White, 59.8% American Indian and Alaska Native, 1.0%
LGBT Percentage	7%	7%

Differences between senior billing analyst and medicare billing specialist 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.

Medicare billing specialist example responsibilities.

Accept and process healthcare claims and confidential medical records; verify patient eligibility and manage the Medicare and Medicaid billing process.
Resolve billing issues, ensure accuracy re: CPT, HCPCS, ICD-9 codes as applicable.
Expand knowledge with insurance EOB & Tennessee Medicare (handle denials and some occurring problems )
Call Medicare to re-open claims due to date, CPT, units, or other changes.
Used CPT-4 coders/Modifiers, ICD-9 codes, HCPCS codes when applicable for the resolution of claim payments.
Comply with all HIPPA laws.

Senior billing analyst vs medicare billing specialist skills

Common senior billing analyst skills

Reconciliations, 7%
SQL, 7%
Financial Reports, 5%
Billing Issues, 5%
Process Improvement, 5%
Epic, 5%

Common medicare billing specialist skills

Patients, 20%
Patient Accounts, 6%
Data Entry, 5%
Medicare, 5%
Medicaid, 5%
CPT, 5%

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Senior Billing Analyst
Senior Billing Analyst vs Medicare Billing Specialist

Updated January 8, 2025

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