How much does a Payment Recovery Specialist make in Bismarck, ND? The average Payment Recovery Specialist salary in Bismarck, ND is $55,167 as of March 26, 2024, but the range typically falls between $48,036 and $63,139. 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. 

Payment Recovery Specialist Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Payment Recovery Specialist Salary $41,543 Bismarck,ND March 26, 2024
25th Percentile Payment Recovery Specialist Salary $48,036 Bismarck,ND March 26, 2024
50th Percentile Payment Recovery Specialist Salary $55,167 Bismarck,ND March 26, 2024
75th Percentile Payment Recovery Specialist Salary $63,139 Bismarck,ND March 26, 2024
90th Percentile Payment Recovery Specialist Salary $70,396 Bismarck,ND March 26, 2024
25% $48,036 10% $41,543 90% $70,396 75% $63,139 $55,167 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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Salary.com job board provides millions of Payment Recovery Specialist information for you to search for. Click on search button below to see Payment Recovery Specialist job openings or enter a new job title here.

Job Openings for Payment Recovery Specialist in Bismarck, ND
  • Payment Support Specialist. at BNG Team Fargo, ND BNG Team (in a nutshell) is a technology solutions company. We exist to help small to medium-sized busine...
    - 2 Days Ago
  • You are viewing a preview of this job. Log in or register to view more details about this job. Simply express interest in this position and we will send yo...
    - 2 Days Ago
  • Sign on bonus. $5,000 for full time. some conditions apply. Benefits. Medical. Dental. Vision. Paid time off accrual and generous leave policy. 403b Retire...
    - 3 Months Ago
  • Payment Policy Analytics Lead. Key Role. Leverage expertise in medical payment policy, quality and performance measurement, alternative payment models, and...
    - 2 Months Ago
  • King's Seafood Company has continued to see our restaurants get busier and busier, with new restaurant openings on the way and increasing guest counts, we ...
    - 9 Days Ago

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.

Those that have already made the climb...
Mital Patel, Executive Vice President of Financial Planning and Analysis and Chief Administrative Officer
RadNet, Inc., together with its subsidiaries, provides outpatient diagnostic imaging services in the United States. The company operates in two segments: Imaging Centers and Artificial Intelligence. Its services include magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mam... More
Fiscal Year Ended in 2022
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Payment Recovery Specialist salary varies from city to city. Compared with national average salary of Payment Recovery Specialist, the highest Payment Recovery Specialist salary is in San Francisco, CA, where the Payment Recovery Specialist salary is 25.0% above. The lowest Payment Recovery Specialist salary is in Miami, FL, where the Payment Recovery Specialist salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Payment Recovery Specialist, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
48036
63139
55167

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
48072
63250
55257
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Payment Recovery Specialist in Bismarck, ND. The base salary for Payment Recovery Specialist ranges from $48,036 to $63,139 with the average base salary of $55,167. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $48,072 to $63,250 with the average total cash compensation of $55,257.
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How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

48036
63139

 

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About Bismarck, North Dakota    Bismarck (/ˈbɪzmɑːrk/) is the capital of the U.S. state of North Dakota and the county seat of Burleigh County. It is the second-most populous city i....More

Bismarck, North Dakota  area prices were up 0.8% from a year ago    View the Cost of Living in Bismarck, North Dakota

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