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Physical Therapy Practice Benchmarks in Mississippi

Running a PT, OT or SLP practice in Mississippi 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 Mississippi

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 1 day ago
1.00 days
Latest
0.55 days
Average
3.49 days
Max
0.00 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 1 day 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 1 day ago
3.979
Latest
4.314
Expected
3.979
High
4.347
Mean
4.151
Low
3.925
Median
4.16

Financial & RCM Benchmarks for Physical Therapy Practices in Mississippi

Healthcare Payer Reimbursement Rates in Mississippi

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 1 day ago
98.00%
Latest
90.82%
Average
99.30%
Max
74.40%
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 1 day ago
7.90%
Latest
13.73%
Average
22.00%
Max
6.60%
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 1 day ago
$112.13
Latest
$122.84
Expected
$112.13
High
$149.04
Mean
$110.27
Low
$94.98
Median
$110.61

Top Healthcare Payers in Mississippi

BCBS of Mississippi

$155.55

paid in 44 days

Aetna

$148.39

paid in 199 days

VA Community Care

$107.20

paid in 6 days

Medicare of Mississippi

$105.31

paid in 16 days

CPT copyright 2024 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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U.S. Based Customer Support

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No Software Fees Ever

U.S. Based Customer Support

Frequently Asked Questions

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