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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 14 hours ago
6.93 days
Latest
3.22 days
Average
6.93 days
Max
1.07 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 13 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 14 hours ago
4.561
Latest
4.734
Expected
4.561
High
4.906
Mean
4.606
Low
4.299
Median
4.625

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 14 hours ago
98.40%
Latest
92.87%
Average
98.40%
Max
81.10%
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 14 hours ago
3.00%
Latest
10.00%
Average
17.00%
Max
3.00%
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 13 hours ago
$107.29
Latest
$131.98
Expected
$107.29
High
$131.98
Mean
$100.59
Low
$88.21
Median
$98.69

Top Healthcare Payers in Tennessee

BCBS of Tennessee

$128.16

paid in 14 days

Medicare of Tennessee

$111.60

paid in 14 days

VA Community Care

$93.56

paid in 7 days

Humana

$85.18

paid in 18 days

CPT copyright 2025 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.

See How StrataPT Can Grow Your Practice

With StrataPT, you can get an additional +$11,397.21 per month for your practice

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Frequently Asked Questions

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