Where is this data coming from?

This data represents aggregated & anonymized data across PT, OT and SLP practices on StrataPT's EMR & RCM platforms.

What do the dashed lines represent?

We use dashed lines to represent data that is likely to change quite often.

What is the average First Pass Clean Claim Rate in Tennessee?

The average First Pass Clean Claim Rate in Tennessee is 93.27% for physical therapy, occupational therapy and speech language therapy practices.

What is the average Denial Rate in Tennessee?

The average Denial Rate in Tennessee is 11.86% for physical therapy, occupational therapy and speech language therapy practices.

What is the average Reimbursement per Visit in Tennessee?

The expected Reimbursement Per Visit in Tennessee is $104.28 for physical therapy, occupational therapy and speech language therapy practices.

What is the average number of days it takes to complete patient notes in Tennessee?

The average most therapists in Tennessee complete patient notes in 3.60 days.

What is the average number of Units Per Visit in Tennessee?

The average number of Units Per Visit in Tennessee is 4.69 for physical therapy, occupational therapy and speech language therapy practices.

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Physical Therapy Practice Benchmarks in Tennessee

Running a PT, OT or SLP practice in Tennessee 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 Tennessee

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

2.89 days

Latest

3.60 days

Average

5.44 days

Max

1.22 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

4.683

Latest

4.623

Expected

4.683

High

4.868

Mean

4.691

Low

4.499

Median

4.683

Financial & RCM Benchmarks for Physical Therapy Practices in Tennessee

Healthcare Payer Reimbursement Rates in Tennessee

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

94.60%

Latest

93.27%

Average

99.10%

Max

78.50%

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

8.40%

Latest

11.86%

Average

18.90%

Max

6.00%

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

$104.28

Latest

$121.64

Expected

$104.28

High

$121.64

Mean

$103.51

Low

$90.98

Median

$103.99

Top Healthcare Payers in Tennessee

BCBS of Tennessee: $138.18
paid in 12 days
VA Community Care: $134.32
paid in 55 days
MedRisk: $119.17
paid in 39 days
Medicare of Tennessee: $110.97
paid in 16 days

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.

Physical Therapy Practice Benchmarks by State

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Frequently Asked Questions

Physical Therapy Practice Benchmarks in Tennessee

Operational Benchmarks for Physical Therapy Practices in Tennessee

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

Financial & RCM Benchmarks for Physical Therapy Practices in Tennessee

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

Top Healthcare Payers in Tennessee

BCBS of Tennessee

VA Community Care

MedRisk

Medicare of Tennessee

Physical Therapy Practice Benchmarks by State

See How StrataPT Can Grow Your Practice

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Frequently Asked Questions

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