Salary for
Payment Recovery Specialist in the United States

How much does a Payment Recovery Specialist earn in the United States? The average Payment Recovery Specialist salary in the United States is $48,565 as of March 28, 2019, but the range typically falls between $42,286 and $55,588. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.  View Cost of Living in Major Cities

Job Description

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.

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Salary range for a Payment Recovery Specialist
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Average Base Salary

Core compensation

 
 
 
42286
55588
48565

Average Total Compensation

Includes bonus, healthcare, and retirement

 
 
 
42316
55688
48642
These charts show the average base salary (core compensation), as well as the average total compensation for the job of Payment Recovery Specialist in the United States. The base salary for Payment Recovery Specialist ranges from $42,286 to $55,588 with the average base salary of $48,565. The total compensation, which includes bonus, health and retirement, can vary anywhere from $42,316 to $55,688 with the average total compensation of $48,642.
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42286
55588
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Career Path for this job

  1. Down a level:

    Charge Capture Specialist

    2 - 4 years experience
    Bachelor's Degree

  2. This Job:

    Payment Recovery Specialist

    4 - 7 years experience
    Bachelor's Degree

  3. Up a level:

    Patient Accounts Supervisor

    3 + years experience
    Bachelor's Degree

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Job Openings for Payment Recovery Specialist