How much does a Payment Recovery Specialist make in Sister Bay, WI? The average Payment Recovery Specialist salary in Sister Bay, WI is $53,107 as of September 01, 2024, but the range typically falls between $46,242 and $60,781. 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.
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.
Mastering certain skills can make the compensation of a Payment Recovery Specialist higher. Salary.com's Real-time Job Posting Salary Data provides you the latest highly compensated skills to help you get a higher pay. For example, if you master Billing, you can get a 7% salary raise. If you are good at Problem Solving, your salary will increase by 7%.If you are expert in Organizational Skills, your salary will rise by 6%.
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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)...
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Job Openings for Payment Recovery Specialist
in Sister Bay, WI
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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
RADNET INC
Company Description
Fiscal Year Ended in 2023
What does a Payment Recovery Specialist do?
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Payment Recovery Specialist Pay Difference by Location
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.
Sister Bay is a village in Door County, Wisconsin, United States. The population was 876 at the 2010 census.
According to the United States Census Bureau, the village has a total area of 3.58 square miles (9.27 km2), of which 2.58 square miles (6.68 km2) is land and 1.00 square mile (2.59 km2) is water....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Browse All Healthcare - Administrative Jobs by Salary Level
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.
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
 
 
 
46242
60781
53107
Average Total Cash Compensation
Includes base and annual incentives
 
 
 
46273
60887
53189
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 Sister Bay, WI. The base salary for Payment Recovery Specialist ranges from $46,242 to $60,781 with the average base salary of $53,107. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,273 to $60,887 with the average total cash compensation of $53,189.
About Sister Bay, Wisconsin Sister Bay is a village in Door County, Wisconsin, United States. The population was 876 at the 2010 census.
According to the United States Census Bur....More