Real-Time Physical Therapy Practice Benchmarks in California

Running a PT, OT or SLP practice in California 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 California

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
0.94 days
Latest
1.63 days
Average
3.00 days
Max
0.32 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
3.199
Latest
3.391
Expected
3.199
High
3.601
Mean
3.355
Low
3.12
Median
3.368

Financial & RCM Benchmarks for Physical Therapy Practices in California

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
99.60%
Latest
97.66%
Average
99.60%
Max
84.60%
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
0.40%
Latest
4.63%
Average
13.30%
Max
0.40%
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
$89.57
Latest
$75.91
Expected
$89.57
High
$124.34
Mean
$87.10
Low
$75.91
Median
$85.83

Top Healthcare Payers in California

More California Healthcare Payer Benchmarks

California Medicare South

$99.05

paid in 15 days

United Health Care

$98.00

paid in 18 days

MedRisk

$97.42

paid in 17 days

AMERICAN SPECIALTY HEALTH

$91.09

paid in 29 days

Related:

Frequently Asked Questions

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