Real-Time Physical Therapy Practice Benchmarks in Florida

Running a PT, OT or SLP practice in Florida 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 Florida

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
2.69 days
Latest
2.24 days
Average
3.88 days
Max
1.48 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
3.783
Latest
3.859
Expected
3.783
High
3.867
Mean
3.816
Low
3.77
Median
3.818

Financial & RCM Benchmarks for Physical Therapy Practices in Florida

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
98.00%
Latest
97.86%
Average
99.70%
Max
92.80%
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
4.10%
Latest
6.47%
Average
12.20%
Max
4.10%
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
$98.71
Latest
$141.09
Expected
$98.71
High
$141.09
Mean
$98.18
Low
$91.80
Median
$95.76

Top Healthcare Payers in Florida

More Florida Healthcare Payer Benchmarks

Railroad Medicare

$128.99

paid in 21 days

Aetna

$119.94

paid in 12 days

Florida Medicare

$112.20

paid in 15 days

AARP Medicare

$107.89

paid in 23 days

Related:

Frequently Asked Questions

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