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Senior claims specialist vs medical claims analyst

The differences between senior claims specialists and medical claims analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior claims specialist and a medical claims analyst. Additionally, a senior claims specialist has an average salary of $69,808, which is higher than the $46,708 average annual salary of a medical claims analyst.

The top three skills for a senior claims specialist include customer service, litigation and claims handling. The most important skills for a medical claims analyst are medical terminology, medicaid, and medical insurance claims.

Senior claims specialist vs medical claims analyst overview

Senior Claims SpecialistMedical Claims Analyst
Yearly salary$69,808$46,708
Hourly rate$33.56$22.46
Growth rate-6%-6%
Number of jobs11,01165,897
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 36%
Average age4444
Years of experience66

What does a senior claims specialist do?

A senior claims specialist's role is to handle and process insurance claims, ensuring accuracy and smooth workflow. Their responsibilities include liaising with clients to identify their needs, reviewing and validating documentation, resolving issues and concerns, and traveling to different locations in order to perform claims inspections and investigations for client eligibility. They may also approve claims applications and negotiate settlements. Furthermore, as a senior claims specialist, it is essential to lead and serve as a mentor to junior specialists, all while implementing the company's policies and regulations.

What does a medical claims analyst do?

A medical claims analyst audits or verifies medical claims in insurance companies. Medical claims analysts make sure that corporate reimbursement payments are accurate. Usually, they work at an office on a computer workstation. They receive Medicaid claims from specialty and medical providers for reimbursement. Their job includes the development of an enhanced procedure in handling difficult Medicare/Medicaid letters while complying with the set policies.

Senior claims specialist vs medical claims analyst salary

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

Senior Claims SpecialistMedical Claims Analyst
Average salary$69,808$46,708
Salary rangeBetween $45,000 And $107,000Between $32,000 And $68,000
Highest paying City-Bridgewater, NJ
Highest paying state-New Jersey
Best paying company-Montefiore Mount Vernon Hospital
Best paying industry-Insurance

Differences between senior claims specialist and medical claims analyst education

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

Senior Claims SpecialistMedical Claims Analyst
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 36%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Senior claims specialist vs medical claims analyst demographics

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

Senior Claims SpecialistMedical Claims Analyst
Average age4444
Gender ratioMale, 40.7% Female, 59.3%Male, 14.2% Female, 85.8%
Race ratioBlack or African American, 12.0% Unknown, 4.4% Hispanic or Latino, 16.8% Asian, 5.2% White, 61.0% American Indian and Alaska Native, 0.5%Black or African American, 11.2% Unknown, 4.4% Hispanic or Latino, 16.4% Asian, 5.1% White, 62.4% American Indian and Alaska Native, 0.5%
LGBT Percentage10%10%

Differences between senior claims specialist and medical claims analyst duties and responsibilities

Senior claims specialist example responsibilities.

  • Manage assigned third party administration (TPA) multi-jurisdictional workers' compensation; subrogation recovery claims; assign defense attorney.
  • Work toward settlement with claimants and attorneys, or determine company litigation strategy, participating in mediation and arbitration when necessary.
  • Maintain EDI processing table logic.
  • Work with testing HIPAA transactions, reporting and processing data reporting to the state.
  • Review data entry of claims receive through the EDI system for accuracy prior to processing.
  • Operate within all company regulations regarding HIPAA, fraud, confidentiality, and private health information guidelines.
  • Show more

Medical claims analyst example responsibilities.

  • Manage cases by aggressively directing the litigation process.
  • Analyze incoming medical claims using ICD-9, CPT, HCPCS coding, and Medicare fee schedules.
  • Determine if claims are in compliance under patient benefit plans for payments using DRG regulations :
  • Review medical records to determine if the ICD-9, CPT codes and modifiers are processed correctly.
  • Adhere to the HIPAA privacy, security regulations, and maintain confidentiality of patient a business records.
  • Research medical claims issues in response to informational inquiries by accessing and interpreting EOB's and claims history.
  • Show more

Senior claims specialist vs medical claims analyst skills

Common senior claims specialist skills
  • Customer Service, 26%
  • Litigation, 10%
  • Claims Handling, 8%
  • SR, 5%
  • Settlement Conferences, 5%
  • Excellent Interpersonal, 4%
Common medical claims analyst skills
  • Medical Terminology, 9%
  • Medicaid, 6%
  • Medical Insurance Claims, 6%
  • Customer Service, 6%
  • Data Entry, 6%
  • Patients, 5%

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