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Physical Therapy Practice Benchmarks in North Carolina

Running a PT, OT or SLP practice in North Carolina 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 North Carolina

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
13.03 days
Latest
5.70 days
Average
15.58 days
Max
0.69 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
2.844
Latest
3.684
Expected
2.844
High
3.705
Mean
3.096
Low
2.577
Median
2.993

Financial & RCM Benchmarks for Physical Therapy Practices in North Carolina

Healthcare Payer Reimbursement Rates in North Carolina

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
98.20%
Latest
80.70%
Average
99.50%
Max
25.40%
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 8 hours ago
5.50%
Latest
9.84%
Average
18.10%
Max
5.40%
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 8 hours ago
$84.99
Latest
$82.60
Expected
$84.99
High
$103.94
Mean
$83.47
Low
$72.47
Median
$80.52

Top Healthcare Payers in North Carolina

BCBS of North Carolina

$117.71

paid in 9 days
View 5 recent CPT Code Combinations

Aetna

$114.97

paid in 8 days
View 6 recent CPT Code Combinations

Medicare of North Carolina

$92.51

paid in 17 days
View 25 recent CPT Code Combinations

Humana

$90.52

paid in 11 days
View 2 recent CPT Code Combinations

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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No Software Fees Ever

U.S. Based Customer Support

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Frequently Asked Questions

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