Real-Time Physical Therapy Practice Benchmarks in Louisiana

Running a PT, OT or SLP practice in Louisiana 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 Louisiana

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
16.41 days
Latest
20.19 days
Average
29.81 days
Max
13.92 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
4.061
Latest
4.131
Expected
4.061
High
4.279
Mean
4.109
Low
3.861
Median
4.113

Financial & RCM Benchmarks for Physical Therapy Practices in Louisiana

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
98.50%
Latest
97.95%
Average
99.10%
Max
93.30%
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
2.00%
Latest
2.95%
Average
8.10%
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
$101.66
Latest
$112.42
Expected
$101.66
High
$134.24
Mean
$108.52
Low
$72.94
Median
$107.75

Related:

Frequently Asked Questions

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