How much does a Payment Recovery Specialist make in New Mexico? The average Payment Recovery Specialist salary in New Mexico is $51,171 as of March 26, 2024, but the range typically falls between $44,556 and $58,565. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
Percentile | Salary | Location | Last Updated |
10th Percentile Payment Recovery Specialist Salary | $38,534 | NM | March 26, 2024 |
25th Percentile Payment Recovery Specialist Salary | $44,556 | NM | March 26, 2024 |
50th Percentile Payment Recovery Specialist Salary | $51,171 | NM | March 26, 2024 |
75th Percentile Payment Recovery Specialist Salary | $58,565 | NM | March 26, 2024 |
90th Percentile Payment Recovery Specialist Salary | $65,297 | NM | March 26, 2024 |
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Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
Project Planning: Project planning is part of project management, which relates to the use of schedules such as Gantt charts to plan and subsequently report progress within the project environment. Project planning can be done manually or by the use of project management software.
Accounting Systems: An accounting system is a system that is employed in a company to organize financial information. It can be either manual or computerized.
Payment Recovery Specialist is responsible for analysis of denied reimbursement claims. Ensures appropriate insurance coverage for compliance standards and revenue generation. Being a Payment Recovery Specialist monitors, evaluates, and reviews all cost reporting in support of claims. Coordinates with departments and insurance companies to correct errors as necessary. Additionally, Payment Recovery Specialist requires a bachelor's degree in area of specialty. Typically reports to a supervisor or manager. To be a Payment Recovery Specialist typically requires 4 to 7 years of related experience. Contributes to moderately complex aspects of a project. Work is generally independent and collaborative in nature. (Copyright 2024 Salary.com)... View full job description
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Location | Avg. Salary | Date Updated |
---|---|---|
Location Sunland Park, NM | Avg. Salary $48,341 | Date Updated March 26, 2024 |
Location Abiquiu, NM | Avg. Salary $51,615 | Date Updated March 26, 2024 |
Location Alamogordo, NM | Avg. Salary $49,506 | Date Updated March 26, 2024 |
Location Albuquerque, NM | Avg. Salary $52,170 | Date Updated March 26, 2024 |
Location Alcalde, NM | Avg. Salary $51,615 | Date Updated March 26, 2024 |
Location Algodones, NM | Avg. Salary $51,504 | Date Updated March 26, 2024 |
Location Alto, NM | Avg. Salary $48,674 | Date Updated March 26, 2024 |
Location Amalia, NM | Avg. Salary $51,615 | Date Updated March 26, 2024 |
Location Amistad, NM | Avg. Salary $50,006 | Date Updated March 26, 2024 |
Location Angel Fire, NM | Avg. Salary $51,615 | Date Updated March 26, 2024 |
A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.
For Payment Recovery Specialist, the upper level is Patient Accounts Supervisor and then progresses to Patient Accounts Director.
Salary.com's CompAnalyst platform offers:
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Jobs with different levels of education may pay very differently. Check the Payment Recovery Specialist salary of your education level.
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Payment Recovery Specialist salary varies from category to category. Click below to see Payment Recovery Specialist salary in different categories.
About New Mexico New Mexico (Spanish: Nuevo México Spanish pronunciation: [ˈnweβo ˈmexiko] (listen), Navajo: Yootó Hahoodzo pronounced [jòːtxó xɑ̀xʷòːtsò]) is a state ....More
Skills associated with Payment Recovery Specialist: Billing Software, Medical Practice Management Software, Health Care Operations Software, ICD Coding ...More
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