When it comes to clinical documentation, one of the biggest headaches for physical therapists is that every insurer requires something different. At a minimum, you’ll need to draw up SOAP notes, progress notes, and discharge summaries—but most insurers will ask for a lot more information before they process and pay your claims.
That’s why PT clinics are increasingly turning to physical therapy documentation software. Because if you’re not documenting accurately, you face major problems, such as:
Other PT documentation software providers will tell you how they make documentation quick, easy, and compliant. But that’s not enough for physical therapy clinics. When the stakes are so high, you want to be sure your software will get you paid.
At StrataPT, we ensure that you get paid for >99% of what you claim, through compliant documentation you can trust. In this guide, we show you how that happens with our documentation software, StrataEMR.
Unfortunately, some PT practices still underestimate the urgency of having accurate clinical documentation, or are paralyzed by the complexities of CPT code combinations and ever-changing payer regulations.
It’s true that documentation should be a straightforward and simple everyday task for clinicians—but that’s often not the case. So errors, oversights, regulatory conflicts, and incomplete documentation is common—and this has a direct impact on your bottom line.
From our direct experience, we know three things that need to be at the center of your documentation software:
It’s these three ideas that we built StrataEMR around. Keep reading to find out how it works.
Documentation software must make a PT’s work easier. And the best physical therapy software makes sure that easy documentation contributes to better compliance rather than sacrificing it, keeping everyone on the same page.
StrataEMR ensures compliance by providing you with guardrails and templates—so clinicians can be sure that what they’re documenting is what insurers need to process claims.
Here’s how that’s implemented with StrataEMR:
With StrataEMR’s workflow-based practice management system, you’ll reduce the risk of tasks slipping through the cracks. The software notifies your team in real-time when a previous task has been completed, and the whole flow is customizable, so it’s appropriate to your therapy practice.
One of our customers, Brenton Hanes, managed to cut the documentation time for Genesis Physical Therapy down by at least 30%:
“The EMR is simple and easy to use. The screens flow well… Very few visits are written off due to the advanced backend of keeping track of authorizations, scripts, credentialing and more. By having StrataPT help, we have freed up more space in our office so we can focus on the quality of patient care we provide to our patients. It has also freed up more time for business marketing which has helped bring in even more patients.”
By utilizing our billing platform, Genesis also increased their profits by 20%.
Most clinical documentation software will make it easier to manage plans of care. But where many platforms fall short is that they don’t always help you get paid.
In fact, we’ve spoken to lots of PTs who aren’t being paid for even half of what they’re owed by payers. And that’s even when they’re already subscribed to medical billing software that should be supporting and chasing their claims (you can read about the downsides of different billing services in our post, Why Most Physical Therapy Billing Services Don’t Cut It.)
At StrataPT, we built an electronic medical records software that works with all of the essential clinical and compliance auditing up-front, rather than after your documentation gets submitted to insurers for approval. This way, you’re sure from the get-go that everything is documented in line with the requirements of payers.
That’s part of the reason why our clients can get a >99% reimbursement rate.
For example, one practice came to StrataPT after working with a billing company while using a separate documentation software. At the time, they had more than $200,000 in receivables older than 90 days—i.e. 65% of their accounts receivable (AR). Now, thanks to StrataPT, they have less than 4% of their AR older than 90 days—and we continue to pursue the outstanding amount.
Another clinic, The Therapy Place, enjoyed a 14% increase in net receivables within just 4 months of starting with StrataEMR, and the following quarter jumped 20%. “Our only regret is that we didn’t move sooner,” says Co-Owner, Chris.
Finalizing compliant documentation is one part of the puzzle. But at the same time, whether you’re running a small private practice or an enterprise-sized clinic or group, it’s important to know how your business is performing.
For example, are some therapists seeing more compliance issues than others? How much is still in your accounts receivable? Are there more denied claims from particular insurers?
This is all vital information for helping your clinic grow. With StrataEMR, you have all of the data you need on your documentation, compliance, billing, and more—in one place.
With all this information in the same practice management software, you can minimize silos between teams and ensure everyone has visibility on what they need.
Physical therapy documentation can be a headache. But worse, when it’s done with poor documentation software, it can even prevent you from getting paid for what you’re owed.
At StrataPT, our physical therapy EMR software offers user-friendly documentation and financial clarity. Most of all, we’re proud that we deliver a >99% reimbursement rate for claims that are made and documented through our software platform.
Getting started with StrataEMR is a breeze. We’ll handle the migration from your existing practice management solution to our free HIPAA-compliant practice management software and run free training sessions so your team can learn how the all-in-one system works. Then, you’ll get a dedicated account manager to support and help your practice grow.