Real-Time Healthcare Payer Benchmarks in New Jersey

Accepting healthcare payers in New Jersey shouldn't be mysterious. We share our aggregate data -- whether you're a client of ours or not.

Healthcare Payer Benchmarks for Physical Therapy Practices in New Jersey

Real-Time Physical Therapy Practice Benchmarks in New Jersey

First Pass Clean Claim Rate

The percentage of claims which meet standards for correct coding, modifiers, structure, and formatting on the first attempt.
Data refreshed 4 hours ago
99.80%
Latest
98.72%
Average
99.90%
Max
95.10%
Min

Denial Rate

The percentage of claims which are eventually denied by insurers, for a variety of possible reasons, including: patient policy information, exhausted benefits, authorization, limits, or provider status.
Data refreshed 4 hours ago
0.20%
Latest
6.07%
Average
11.90%
Max
0.20%
Min

Average Reimbursement Per Visit

While negotiated reimbursement rates between a health insurance company and a healthcare provider are confidential, we can give you a general sense for reimbursement rates by looking at the aggregate data across StrataPT's customers.
Data refreshed 4 hours ago
$76.52
Latest
$64.29
Expected
$76.52
High
$93.74
Mean
$79.87
Low
$64.29
Median
$79.17

Top Healthcare Payers in New Jersey

Medicare of New York

$134.98

paid in 16 days

MedRisk

$96.95

paid in 49 days

Medicare of New Jersey

$91.06

paid in 15 days

United Health Care

$76.00

paid in 20 days

BCBS of New Jersey

$71.63

paid in 12 days

AMERICAN SPECIALTY HEALTH

$66.42

paid in 24 days

Aetna

$54.89

paid in 5 days

Horizon NJ Health

$35.00

paid in 12 days

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