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Senior billing specialist vs reimbursement specialist

The differences between senior billing specialists and reimbursement specialists 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 reimbursement specialist takes usually requires 6-12 months. Additionally, a senior billing specialist has an average salary of $52,255, which is higher than the $38,273 average annual salary of a reimbursement specialist.

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

Senior billing specialist vs reimbursement specialist overview

Senior Billing SpecialistReimbursement Specialist
Yearly salary$52,255$38,273
Hourly rate$25.12$18.40
Growth rate-3%11%
Number of jobs40,19532,292
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 40%
Average age4645
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 reimbursement specialist do?

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.

Senior billing specialist vs reimbursement specialist salary

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

Senior Billing SpecialistReimbursement Specialist
Average salary$52,255$38,273
Salary rangeBetween $36,000 And $73,000Between $29,000 And $49,000
Highest paying CityWashington, DCLynchburg, VA
Highest paying stateMarylandVirginia
Best paying companyFive9Novartis
Best paying industryTechnologyPharmaceutical

Differences between senior billing specialist and reimbursement specialist education

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

Senior Billing SpecialistReimbursement Specialist
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 40%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Senior billing specialist vs reimbursement specialist demographics

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

Senior Billing SpecialistReimbursement Specialist
Average age4645
Gender ratioMale, 16.2% Female, 83.8%Male, 15.2% Female, 84.8%
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, 9.8% Unknown, 4.2% Hispanic or Latino, 16.9% Asian, 8.1% White, 59.8% American Indian and Alaska Native, 1.3%
LGBT Percentage7%9%

Differences between senior billing specialist and reimbursement specialist 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

Reimbursement specialist example responsibilities.

  • Manage the EDI clearinghouse rejections.
  • Process department payroll, order supplies, and manage petty-cash funds.
  • Manage use of various systems, such as MEDITECH, Cerner, WebNow, and yield-base follow-up tool.
  • Manage cases by aggressively directing the litigation process.
  • Negotiate fee structure for manage care contracts on acute and rehabilitation facilities.
  • Research medical coding ICD-9, ICD-10, HCPCS and CPT-4 to let client know the outcome of medical claim.
  • Show more

Senior billing specialist vs reimbursement specialist skills

Common senior billing specialist skills
  • Patients, 12%
  • CPT, 5%
  • Billing Issues, 5%
  • Billing System, 5%
  • Data Entry, 5%
  • Billing Process, 5%
Common reimbursement specialist skills
  • Patients, 20%
  • Customer Service, 9%
  • Appeals, 6%
  • CPT, 5%
  • Medicare, 4%
  • Medicaid, 4%

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