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CVS Health is seeking an experienced Overpayment Recovery Specialist to recover and allocate overpaid dollars across complex refunds. You will coordinate with vendors and internal teams, research recovery inquiries, and conduct provider outreach to secure recoveries while maintaining compliance with company policies.
You will review and resolve excess payment items, manage recovery work inventory, and help drive timely resolution.
We're building a world of health around every individual — shaping a more connected, convenient and compassionate health experience. At CVS Health®, you'll be surrounded by passionate colleagues who care deeply, innovate with purpose, hold ourselves accountable and prioritize safety and quality in everything we do. Join us and be part of something bigger – helping to simplify health care one person, one family and one community at a time.
Recover and allocate overpaid dollars, including complex, non-routine refunds. Manage overpayment inventory, partner with third-party vendors and internal business units, research and respond to recovery inquiries, and conduct provider outreach (including outbound calls) to secure recoveries. Ensure all work aligns with compliance requirements and company policies and procedures.
Review, collect, and resolve overpayment recovery items, including conflicting, missing, or inaccurate information, via phone and written correspondence with limited supervision
Partner with internal business units, vendors, and liaisons to recover funds and fully allocate refunds
Administer overpayment recovery policies and procedures, including written and phone correspondence with members, providers, and other insurers
Manage overpayment work inventory; monitor progress and complete timely follow-ups to achieve recovery goals
Coordinate with key business functions on escalated overpayments to drive resolution and recovery
Use analysis and evaluation of alternatives to solve complex, non-routine recovery issues
Use reporting to track inventory, productivity, and recovery results
Perform claim adjustments and rework calculations across all dollar amounts using claims processing expertise
Apply medical necessity guidelines, determine coverage, verify eligibility, identify discrepancies, and apply cost containment measures to support claim adjudication
Process complex provider refunds and returned checks
Review and interpret provider contract language to validate overpayments and support allocation of refund checks
Deliver recovery training for less experienced team members as needed
Handle customer service inquiries and issues assigned
Associate degree or equivalent experience
40
Full time
The typical pay range for this role is: $18.50 - $38.82 This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above.
We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families. This full-time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well-being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility. Additional details about available benefits are provided during the application process and on Benefits Moments.
We anticipate the application window for this opening will close on: 11/24/2026
Qualified applicants with arrest or conviction records will be considered for employment in accordance with all federal, state and local laws. Our Work Experience is the combination of everything that's unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it's our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.