How much does a Payment Recovery Specialist make at companies like BRIGHT HORIZONS FAMILY SOLUTIONS INC. in the United States? The average salary for Payment Recovery Specialist at companies like BRIGHT HORIZONS FAMILY SOLUTIONS INC. in the United States is $63,035 as of March 26, 2024, but the range typically falls between $54,887 and $72,133. 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 the Cost of Living in Major Cities
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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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Core compensation
Includes base and annual incentives
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