What Do Billing, Cost, and Rate Clerk Do?
Job Description: Compile data, compute fees and charges, and prepare invoices for billing purposes. Duties include computing costs and calculating rates for goods, services, and shipment of goods; posting data; and keeping other relevant records. May involve use of computer or typewriter, calculator, and adding and bookkeeping machines.
List of Billing Clerk Job Duties
- Prepare itemized statements, bills, or invoices and record amounts due for items purchased or services rendered.
- Consult sources such as rate books, manuals, or insurance company representatives to determine specific charges or information such as rules, regulations, or government tax and tariff information.
- Answer mail or telephone inquiries regarding rates, routing, or procedures.
- Keep records of invoices and support documents.
- Review compiled data on operating costs and revenues to set rates.
- Track accumulated hours and dollar amounts charged to each client job to calculate client fees for professional services, such as legal or accounting services.
What a Billing Clerk Should Know
When polled, Billing, Cost, and Rate Clerks say the following skills are most frequently used in their jobs:
Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
Speaking: Talking to others to convey information effectively.
Reading Comprehension: Understanding written sentences and paragraphs in work related documents.
Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
Service Orientation: Actively looking for ways to help people.
Coordination: Adjusting actions in relation to others’ actions.
Other Billing Clerk Job Titles
- Cost Recorder
- Certified Coding Specialist
- Office Manager
- Patient Financial Representative
- Estimate Clerk
Job Outlook for Billing, Cost, and Rate Clerks
There were about 501,000 jobs for Billing, Cost, and Rate Clerk in 2016 (in the United States). New jobs are being produced at a rate of 14.1% which is above the national average. The Bureau of Labor Statistics predicts 70,600 new jobs for Billing, Cost, and Rate Clerk by 2026. Due to new job openings and attrition, there will be an average of 59,500 job openings in this field each year.
The states with the most job growth for Billing Clerk are Utah, Arizona, and Colorado. Watch out if you plan on working in Maine, Mississippi, or Rhode Island. These states have the worst job growth for this type of profession.
Salary for a Billing Clerk
The typical yearly salary for Billing, Cost, and Rate Clerks is somewhere between $26,840 and $55,500.
Billing, Cost, and Rate Clerks who work in District of Columbia, Alaska, or Connecticut, make the highest salaries.
How much do Billing, Cost, and Rate Clerks make in each U.S. state?
|State||Annual Mean Salary|
|District of Columbia||$63,020|
What Tools & Technology do Billing, Cost, and Rate Clerks Use?
Although they’re not necessarily needed for all jobs, the following technologies are used by many Billing, Cost, and Rate Clerks:
- Microsoft Excel
- Microsoft Word
- Microsoft Office
- Microsoft PowerPoint
- Web browser software
- Microsoft Access
- Word processing software
- Spreadsheet software
- Database software
- Microsoft Dynamics
- Intuit QuickBooks
- MEDITECH software
- Oracle JD Edwards EnterpriseOne
- IBM Cognos Impromptu
- Medical procedure coding software
- Oracle E-Business Suite Financials
- Epic Systems
- Microsoft Dynamics GP
- Healthcare common procedure coding system HCPCS
How do I Become a Billing Clerk?
Are there Billing, Cost, and Rate Clerks education requirements?
How Long Does it Take to Become a Billing Clerk?
Billing, Cost, and Rate Clerks Sector
Billing, Cost, and Rate Clerks work in the following industries:
Other Jobs You May be Interested In
Those thinking about becoming a Billing, Cost, and Rate Clerk might also be interested in the following careers:
Those who work as a Billing, Cost, and Rate Clerk sometimes switch careers to one of these choices:
More about our data sources and methodologies.
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