How much does a Payment Recovery Specialist make? The median annual Payment Recovery Specialist salary is $46,541, as of September 27, 2017, with a range usually between $40,521-$53,268, however this can vary widely depending on a variety of factors. Our team of Certified Compensation Professionals has analyzed survey data collected from thousands of HR departments at companies of all sizes and industries to present this range of annual salaries for people with the job title Payment Recovery Specialist in the United States.
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This chart describes the expected percentage of people who perform the job of Payment Recovery Specialist in the United States that make less than that annual salary. For example the median expected annual pay for a typical Payment Recovery Specialist in the United States is $46,541, so 50% of the people who perform the job of Payment Recovery Specialist in the United States are expected to make less than $46,541.
Source: HR Reported data as of September 27, 2017
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This chart describes the expected percentage of people who perform the job of Payment Recovery Specialist that make less than that salary. For example 50% of the people who perform the job of Payment Recovery Specialist are expected to make less than the median.
Source: HR Reported data as of October 2017
Responsible for analysis of denied reimbursement claims. Ensures appropriate insurance coverage for compliance standards and revenue generation. Monitors, evaluates, and reviews all cost reporting in support of claims. Coordinates with departments and insurance companies to correct errors as necessary. Requires a bachelor's degree in area of specialty. Typically reports to a supervisor or manager. 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. View full job description