Payment Recovery Specialist Salary in New Jersey
Payment Recovery Specialist Salary in New Jersey
How much does a Payment Recovery Specialist make in New Jersey? The average Payment Recovery Specialist salary in New Jersey is $60,828 as of March 26, 2024, but the range typically falls between $52,965 and $69,618. 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.
| Percentile | Salary | Location | Last Updated |
| 10th Percentile Payment Recovery Specialist Salary | $45,806 | NJ | March 26, 2024 |
| 25th Percentile Payment Recovery Specialist Salary | $52,965 | NJ | March 26, 2024 |
| 50th Percentile Payment Recovery Specialist Salary | $60,828 | NJ | March 26, 2024 |
| 75th Percentile Payment Recovery Specialist Salary | $69,618 | NJ | March 26, 2024 |
| 90th Percentile Payment Recovery Specialist Salary | $77,620 | NJ | March 26, 2024 |
MBR (Medical Billing Resources) Representative
Account Recovery Specialists, Inc - Dodge City, KS
Recovery Specialist I (On-site)
Northrop Grumman Federal Credi - Gardena, CA
Professional Finance Company Inc - Greeley, CO
Claims Audit and Recovery Specialist (Medical)
Cedar Gate Technologies Inc - Houston, TX
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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.
Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
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.
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.
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
See user submitted job responsibilities for Payment Recovery Specialist.
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| Location | Avg. Salary | Date Updated |
|---|---|---|
| Location Bayonne, NJ | Avg. Salary $62,715 | Date Updated March 26, 2024 |
| Location Bergenfield, NJ | Avg. Salary $63,825 | Date Updated March 26, 2024 |
| Location Bloomfield, NJ | Avg. Salary $63,881 | Date Updated March 26, 2024 |
| Location East Brunswick, NJ | Avg. Salary $62,660 | Date Updated March 26, 2024 |
| Location Hoboken, NJ | Avg. Salary $64,825 | Date Updated March 26, 2024 |
| Location Irvington, NJ | Avg. Salary $62,715 | Date Updated March 26, 2024 |
| Location Lakewood, NJ | Avg. Salary $61,772 | Date Updated March 26, 2024 |
| Location Middlesex, NJ | Avg. Salary $62,271 | Date Updated March 26, 2024 |
| Location Passaic, NJ | Avg. Salary $63,881 | Date Updated March 26, 2024 |
| Location Union, NJ | Avg. Salary $62,715 | 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.
What does a Payment Recovery Specialist do?
Are you an HR manager or compensation specialist?
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About New Jersey
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Level of Education for Payment Recovery Specialist
Jobs with different levels of education may pay very differently. Check the Payment Recovery Specialist salary of your education level.
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Most Popular Cities for Payment Recovery Specialist Job
- Houston, TX Payment Recovery Specialist
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- Austin, TX Payment Recovery Specialist
- New York, NY Payment Recovery Specialist
- Minneapolis, MN Payment Recovery Specialist
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Browse Related Job Categories With Payment Recovery Specialist
A job category is a classification or grouping of job positions that share similar characteristics, functions, or industries. Payment Recovery Specialist salary varies from category to category. Click below to see Payment Recovery Specialist salary in different categories.
About New Jersey New Jersey is bordered on the north and northeast by New York (parts of which are across the Hudson River, Upper New York Bay, the Kill Van Kull, Newa....More
Skills associated with Payment Recovery Specialist: Billing Software, Medical Practice Management Software, Health Care Operations Software, ICD Coding ...More
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