Real-Time 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 4 hours ago
4.31 days
Latest
6.11 days
Average
12.61 days
Max
0.39 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
3.289
Latest
3.317
Expected
3.289
High
3.524
Mean
3.36
Low
3.246
Median
3.359

Financial & RCM Benchmarks for Physical Therapy Practices 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 4 hours ago
99.80%
Latest
97.11%
Average
99.80%
Max
77.40%
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
0.50%
Latest
4.91%
Average
10.70%
Max
0.50%
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
$81.45
Latest
$96.94
Expected
$81.45
High
$109.73
Mean
$81.36
Low
$77.07
Median
$80.17

Top Healthcare Payers in Massachusetts

More Massachusetts Healthcare Payer Benchmarks

Unicare

$109.14

paid in 21 days

BCBS of Massachusetts

$86.20

paid in 5 days

Medicare of Massachusetts

$81.98

paid in 16 days

Harvard Pilgrim

$79.69

paid in 13 days

Related:

Frequently Asked Questions

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