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Senior billing specialist vs collections coordinator

The differences between senior billing specialists and collections coordinators can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a senior billing specialist, becoming a collections coordinator takes usually requires 6-12 months. Additionally, a senior billing specialist has an average salary of $52,255, which is higher than the $37,938 average annual salary of a collections coordinator.

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

Senior billing specialist vs collections coordinator overview

Senior Billing SpecialistCollections Coordinator
Yearly salary$52,255$37,938
Hourly rate$25.12$18.24
Growth rate-3%-8%
Number of jobs40,19540,113
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 48%
Average age4646
Years of experience212

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 collections coordinator do?

Usually working alongside a company's account receivables team, a collections coordinator is in charge of developing strategies to optimize the payment collection operations. Among their responsibilities include reaching out to clients through calls or correspondence to remind them of their payment obligations, arranging appointments, processing payments, arranging payment terms, and researching a client's communication information such as cellphone number, address, or email. Moreover, a collections coordinator must maintain an active communication line with staff while promoting and enforcing the company's policies and regulations.

Senior billing specialist vs collections coordinator salary

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

Senior Billing SpecialistCollections Coordinator
Average salary$52,255$37,938
Salary rangeBetween $36,000 And $73,000Between $30,000 And $47,000
Highest paying CityWashington, DCNew York, NY
Highest paying stateMarylandConnecticut
Best paying companyFive9University of California, Berkeley
Best paying industryTechnologyProfessional

Differences between senior billing specialist and collections coordinator education

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

Senior Billing SpecialistCollections Coordinator
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 48%
Most common majorBusinessBusiness
Most common collegeUniversity of Pennsylvania-

Senior billing specialist vs collections coordinator demographics

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

Senior Billing SpecialistCollections Coordinator
Average age4646
Gender ratioMale, 16.2% Female, 83.8%Male, 26.6% Female, 73.4%
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, 12.1% Unknown, 4.1% Hispanic or Latino, 20.8% Asian, 3.6% White, 59.0% American Indian and Alaska Native, 0.5%
LGBT Percentage7%8%

Differences between senior billing specialist and collections coordinator 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

Collections coordinator example responsibilities.

  • Plan and conduct sensitive HUMINT collection operations with an emphasis on managing and debriefing confidential sources.
  • Manage accounts receivable/payment, insurance billing and follow-up for a solo physician clinic, and direct communication with patients regarding bills.
  • Audit outstanding accounts and resolve any balances including calling Medicare, Medicaid, government, private or commercial insurances.
  • Perform daily follow-up on Medicare, Medicaid, workers compensation and commercial insurances.
  • Hand illustrate fully render with marker and colore pencil sketches and Photoshop render drawings.
  • Submit insurance appeals and provider disputes when necessary.
  • Show more

Senior billing specialist vs collections coordinator skills

Common senior billing specialist skills
  • Patients, 12%
  • CPT, 5%
  • Billing Issues, 5%
  • Billing System, 5%
  • Data Entry, 5%
  • Billing Process, 5%
Common collections coordinator skills
  • Customer Service, 15%
  • Patients, 12%
  • Phone Calls, 6%
  • Collection Efforts, 4%
  • Delinquent Accounts, 4%
  • Appeals, 4%

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