Post job

Senior billing specialist vs billing analyst

The differences between senior billing specialists and billing analysts 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 specialist and a billing analyst. Additionally, a senior billing specialist has an average salary of $52,255, which is higher than the $51,544 average annual salary of a billing analyst.

The top three skills for a senior billing specialist include patients, CPT and billing issues. The most important skills for a billing analyst are customer service, patients, and billing issues.

Senior billing specialist vs billing analyst overview

Senior Billing SpecialistBilling Analyst
Yearly salary$52,255$51,544
Hourly rate$25.12$24.78
Growth rate-3%-3%
Number of jobs40,19530,566
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 59%
Average age4646
Years of experience22

What does a senior billing specialist do?

A senior billing specialist processes and manages the billing systems of their company. They are in charge of processing necessary payments to clients and business partners and generating and providing invoices. They keep a record of all payment information. They also manage payment due dates and remind clients of the payment deadlines.

What does a billing analyst do?

A billing analyst is responsible for supporting the operations of an accounting department, evaluating and issuing invoices, and analyzing the financial transactions of the company. Billing analysts assist with creating financial statements and reports, managing billing discrepancies, updating recent account statements on the company's database, and checking the accuracy of balance sheets. A billing analyst must have excellent analytical skills, as well as the knowledge of the accounting principles, performing account reconciliations, processing receivables, and tracking clients' billing statements.

Senior billing specialist vs billing analyst salary

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

Senior Billing SpecialistBilling Analyst
Average salary$52,255$51,544
Salary rangeBetween $36,000 And $73,000Between $35,000 And $73,000
Highest paying CityWashington, DCWashington, DC
Highest paying stateMarylandAlaska
Best paying companyFive9Meta
Best paying industryTechnologyFinance

Differences between senior billing specialist and billing analyst education

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

Senior Billing SpecialistBilling Analyst
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 59%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior billing specialist vs billing analyst demographics

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

Senior Billing SpecialistBilling Analyst
Average age4646
Gender ratioMale, 16.2% Female, 83.8%Male, 29.7% Female, 70.3%
Race ratioBlack or African American, 11.5% Unknown, 4.4% Hispanic or Latino, 17.8% Asian, 7.6% White, 57.9% American Indian and Alaska Native, 0.9%Black or African American, 11.3% Unknown, 4.4% Hispanic or Latino, 18.4% Asian, 7.3% White, 57.7% American Indian and Alaska Native, 0.9%
LGBT Percentage7%7%

Differences between senior billing specialist and billing analyst duties and responsibilities

Senior billing specialist example responsibilities.

  • Manage temporary and internship staff on Medicaid posting project.
  • Revamp updating process for ICD-9 codes to ensure that federal/state changes.
  • Code all claims interpret in EOMB's from Medicare & EOB from insurance companies.
  • Resolve incorrect insurance payments, EOB denials, and any issues with outstanding accounts.
  • Review outpatient medical records for abstraction of billable physician services and conversion of those services into CPT codes.
  • Process claims reviewing ICD9-10 and CPT codes on to ensure correct submission on HCFA and UB92 claim forms.
  • Show more

Billing analyst example responsibilities.

  • Set up, manage, and terminate ACH accounts.
  • Manage multiple contracts including timely and accurate billing of monthly invoices, payment notifications, and reconciliations.
  • Use of the CMS website to determine the correct LCDs or NCDs for Medicare claims.
  • Master sales, events, and reservations systems.
  • Produce month-end reports from IDX for executive staff.
  • Prepare provisional invoices for billing after provisional rates are receive from DCAA.
  • Show more

Senior billing specialist vs billing analyst skills

Common senior billing specialist skills
  • Patients, 12%
  • CPT, 5%
  • Billing Issues, 5%
  • Billing System, 5%
  • Data Entry, 5%
  • Billing Process, 5%
Common billing analyst skills
  • Customer Service, 16%
  • Patients, 7%
  • Billing Issues, 6%
  • Strong Analytical, 5%
  • Billing System, 5%
  • Data Entry, 4%

Browse office and administrative jobs