Real-Time Physical Therapy Practice Benchmarks in Arkansas

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

Operational Benchmarks for Physical Therapy Practices in Arkansas

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
2.46 days
Latest
1.94 days
Average
2.84 days
Max
1.34 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
3.808
Latest
3.612
Expected
3.808
High
4.027
Mean
3.752
Low
3.557
Median
3.693

Financial & RCM Benchmarks for Physical Therapy Practices in Arkansas

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
97.20%
Latest
95.91%
Average
99.20%
Max
89.30%
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
6.40%
Latest
6.90%
Average
14.90%
Max
5.10%
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
$106.49
Latest
$132.69
Expected
$106.49
High
$132.69
Mean
$99.80
Low
$90.44
Median
$98.82

Top Healthcare Payers in Arkansas

More Arkansas Healthcare Payer Benchmarks

Ambetter

$199.87

paid in 11 days

BCBS of Arkansas

$144.03

paid in 11 days

Corporate Benefit Services Inc

$132.94

paid in 43 days

WellCare

$123.54

paid in NaN days

Frequently Asked Questions

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