Payment Recovery Specialist Salary in Indiana

Payment Recovery Specialist Salary in Indiana

How much does a Payment Recovery Specialist make in Indiana? The average Payment Recovery Specialist salary in Indiana is $53,835 as of March 26, 2024, but the range typically falls between $46,876 and $61,614. 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.

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Payment Recovery Specialist Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Payment Recovery Specialist Salary $40,540 IN March 26, 2024
25th Percentile Payment Recovery Specialist Salary $46,876 IN March 26, 2024
50th Percentile Payment Recovery Specialist Salary $53,835 IN March 26, 2024
75th Percentile Payment Recovery Specialist Salary $61,614 IN March 26, 2024
90th Percentile Payment Recovery Specialist Salary $68,696 IN March 26, 2024
25% $46,876 10% $40,540 90% $68,696 75% $61,614 $53,835 50%(Median) Didn’t find job title? Click
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Check out Payment Recovery Specialist Job Openings in Indiana

Senior Billing Specialist (981)

Kings View Corporation - Fresno, CA

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Claims Audit and Recovery Specialist (Medical)

Cedar Gate Technologies Inc - Houston, TX

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Account Collections Specialist

Staffing Service - Norcross, GA

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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.

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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 Indiana

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Location Avg. Salary Date Updated
Location Vincennes, IN Avg. Salary $50,283 Date Updated March 26, 2024
Location Advance, IN Avg. Salary $53,447 Date Updated March 26, 2024
Location Akron, IN Avg. Salary $52,059 Date Updated March 26, 2024
Location Alamo, IN Avg. Salary $50,616 Date Updated March 26, 2024
Location Albany, IN Avg. Salary $51,060 Date Updated March 26, 2024
Location Albion, IN Avg. Salary $52,004 Date Updated March 26, 2024
Location Alexandria, IN Avg. Salary $51,393 Date Updated March 26, 2024
Location Ambia, IN Avg. Salary $53,391 Date Updated March 26, 2024
Location Amboy, IN Avg. Salary $51,060 Date Updated March 26, 2024
Location Amo, IN Avg. Salary $52,559 Date Updated March 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.

Payment Recovery Specialist
Patient Accounts Supervisor
Patient Accounts Director
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About Indiana    Indiana /ˌɪndiˈænə/ (listen) is a U.S. state located in the Midwestern and Great Lakes regions of North America. Indiana is the 38th largest by area a....More

Skills associated with Payment Recovery Specialist: Billing Software, Medical Practice Management Software, Health Care Operations Software, ICD Coding ...More

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Payment Recovery Specialist Salary in Indiana
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