Real-Time Physical Therapy Practice Benchmarks

Running a PT, OT or SLP practice shouldn't be mysterious. We share our aggregate data -- whether you're a client of ours or not.

Operational Benchmarks for Physical Therapy Practices

Average Days Until Documentation Completion

Across StrataPT's clients, this metric reflects the average number of days before a patient's notes are completed. StrataPT is then able to begin processing the claims.
Data refreshed 4 hours ago
3.94 days
Latest
3.43 days
Average
3.94 days
Max
2.65 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 4 hours ago

Average Units Per Visit

While every practice is different, we can give you a general sense for units per visit by looking at the aggregate data across StrataPT's customers.
Data refreshed 4 hours ago
3.758
Latest
3.697
Expected
3.758
High
3.801
Mean
3.745
Low
3.652
Median
3.747

Financial & RCM Benchmarks for Physical Therapy Practices

Real-Time Healthcare Payer Benchmarks

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
97.90%
Latest
97.02%
Average
98.50%
Max
94.30%
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
4.40%
Latest
6.28%
Average
10.40%
Max
4.40%
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
$98.04
Latest
$122.48
Expected
$98.04
High
$122.48
Mean
$96.84
Low
$91.54
Median
$95.99

Related:

Frequently Asked Questions

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