Real-Time Physical Therapy Practice Benchmarks in South Carolina

Running a PT, OT or SLP practice in South 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 South 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 4 hours ago
3.80 days
Latest
2.00 days
Average
5.40 days
Max
0.41 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 5 hours ago
3.986
Latest
3.916
Expected
3.986
High
4.058
Mean
3.95
Low
3.736
Median
3.955

Financial & RCM Benchmarks for Physical Therapy Practices in South 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 4 hours ago
98.90%
Latest
98.52%
Average
99.70%
Max
90.40%
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
0.60%
Latest
4.54%
Average
13.80%
Max
0.60%
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 4 hours ago
$94.83
Latest
$136.13
Expected
$94.83
High
$136.13
Mean
$97.21
Low
$91.71
Median
$95.92

Top Healthcare Payers in South Carolina

More South Carolina Healthcare Payer Benchmarks

Humana

$140.49

paid in 11 days

Aetna

$111.21

paid in 39 days

Medicare of South Carolina

$108.22

paid in 14 days

MedRisk

$99.93

paid in 43 days

Related:

Frequently Asked Questions

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