Physical Therapy Practice Benchmarks in Massachusetts

Running a PT, OT or SLP practice in Massachusetts 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 Massachusetts

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 20 hours ago
8.10 days
Latest
7.29 days
Average
11.84 days
Max
0.75 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 20 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 20 hours ago
3.388
Latest
3.357
Expected
3.388
High
3.613
Mean
3.468
Low
3.357
Median
3.47

Financial & RCM Benchmarks for Physical Therapy Practices in Massachusetts

Healthcare Payer Benchmarks in Massachusetts

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 20 hours ago
99.10%
Latest
98.10%
Average
99.90%
Max
92.60%
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 20 hours ago
1.70%
Latest
5.60%
Average
8.70%
Max
1.70%
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 20 hours ago
$83.55
Latest
$108.89
Expected
$83.55
High
$108.89
Mean
$83.84
Low
$78.23
Median
$82.76

Top Healthcare Payers in Massachusetts

More Massachusetts Healthcare Payer Benchmarks

Unicare

$142.89

paid in 34 days
View 5 recent CPT Code Combinations

AMERICAN SPECIALTY HEALTH

$116.93

paid in 29 days
View 8 recent CPT Code Combinations

Mass General Brigham Health Plan

$109.51

paid in 18 days
View 6 recent CPT Code Combinations

Harvard Pilgrim

$93.91

paid in 14 days
View 13 recent CPT Code Combinations

CPT copyright 2023 American Medical Association.

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.

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