Where is this data coming from?

This data represents aggregated & anonymized data across PT, OT and SLP practices on StrataPT's EMR & RCM platforms.

What do the dashed lines represent?

We use dashed lines to represent data that is likely to change quite often.

What is the average First Pass Clean Claim Rate in Maryland?

The average First Pass Clean Claim Rate in Maryland is 98.42% for physical therapy, occupational therapy and speech language therapy practices.

What is the average Denial Rate in Maryland?

The average Denial Rate in Maryland is 5.95% for physical therapy, occupational therapy and speech language therapy practices.

What is the average Reimbursement per Visit in Maryland?

The expected Reimbursement Per Visit in Maryland is $99.83 for physical therapy, occupational therapy and speech language therapy practices.

What is the average number of days it takes to complete patient notes in Maryland?

The average most therapists in Maryland complete patient notes in 10.34 days.

What is the average number of Units Per Visit in Maryland?

The average number of Units Per Visit in Maryland is 3.94 for physical therapy, occupational therapy and speech language therapy practices.

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Physical Therapy Practice Benchmarks in Maryland

Running a PT, OT or SLP practice in Maryland 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 Maryland

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 8 hours ago

10.04 days

Latest

10.34 days

Average

17.29 days

Max

1.51 days

Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.

Data refreshed 8 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 8 hours ago

4.036

Latest

3.965

Expected

4.036

High

4.071

Mean

3.939

Low

3.633

Median

3.947

Financial & RCM Benchmarks for Physical Therapy Practices in Maryland

Healthcare Payer Reimbursement Rates in Maryland

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 8 hours ago

96.90%

Latest

98.42%

Average

99.70%

Max

95.90%

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 8 hours ago

1.60%

Latest

5.95%

Average

14.10%

Max

0.70%

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 8 hours ago

$99.83

Latest

$128.23

Expected

$99.83

High

$128.23

Mean

$103.60

Low

$93.59

Median

$102.03

Top Healthcare Payers in Maryland

Medicare of DC: $141.04
paid in 17 days
Medicare of Maryland: $123.93
paid in 24 days
Carefirst BCBC - VA, DC, MD: $92.09
paid in 8 days
Aetna: $89.12
paid in 8 days

All rights reserved. Fee schedules, relative value units, conversion factors and/or related components are not assigned by the AMA, are not part of CPT, and the AMA is not recommending their use. The AMA does not directly or indirectly practice medicine or dispense medical services. The AMA assumes no liability for data contained or not contained herein.

Physical Therapy Practice Benchmarks by State

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Frequently Asked Questions

Physical Therapy Practice Benchmarks in Maryland

Operational Benchmarks for Physical Therapy Practices in Maryland

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 8 hours ago

Financial & RCM Benchmarks for Physical Therapy Practices in Maryland

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 8 hours ago

Top Healthcare Payers in Maryland

Medicare of DC

Medicare of Maryland

Carefirst BCBC - VA, DC, MD

Aetna

Physical Therapy Practice Benchmarks by State

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Frequently Asked Questions

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