How much does a Payment Recovery Specialist make in Washington? The average Payment Recovery Specialist salary in Washington is $59,896 as of February 26, 2024, but the range typically falls between $52,147 and $68,546. 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.

Payment Recovery Specialist Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Payment Recovery Specialist Salary $45,093 WA February 26, 2024
25th Percentile Payment Recovery Specialist Salary $52,147 WA February 26, 2024
50th Percentile Payment Recovery Specialist Salary $59,896 WA February 26, 2024
75th Percentile Payment Recovery Specialist Salary $68,546 WA February 26, 2024
90th Percentile Payment Recovery Specialist Salary $76,421 WA February 26, 2024
25% $52,147 10% $45,093 90% $76,421 75% $68,546 $59,896 50%(Median) Didn’t find job title? Click
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What skills does a Payment Recovery Specialist need?

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.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

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.

3.

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.

Analysis 11.11%
Project Planning 4.76%
Accounting Systems 4.76%
Others 79.37%

Job Description for Payment Recovery Specialist

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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Job Openings for Payment Recovery Specialist in Washington

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Location Avg. Salary Date Updated
Location Aberdeen, WA Avg. Salary $57,636 Date Updated February 26, 2024
Location Acme, WA Avg. Salary $57,258 Date Updated February 26, 2024
Location Addy, WA Avg. Salary $54,508 Date Updated February 26, 2024
Location Adna, WA Avg. Salary $57,636 Date Updated February 26, 2024
Location Airway Heights, WA Avg. Salary $54,955 Date Updated February 26, 2024
Location Albion, WA Avg. Salary $54,508 Date Updated February 26, 2024
Location Allyn, WA Avg. Salary $60,083 Date Updated February 26, 2024
Location Almira, WA Avg. Salary $54,508 Date Updated February 26, 2024
Location Amanda Park, WA Avg. Salary $57,636 Date Updated February 26, 2024
Location Amboy, WA Avg. Salary $57,602 Date Updated February 26, 2024

Career Path for Payment Recovery Specialist

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.

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Payment Recovery Specialist Salary in Washington
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