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
4.19 days
Latest
2.88 days
Average
5.18 days
Max
0.48 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 14 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
4.773
Latest
4.516
Expected
4.773
High
4.86
Mean
4.54
Low
4.238
Median
4.516

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
99.70%
Latest
93.65%
Average
99.90%
Max
81.80%
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
1.60%
Latest
7.17%
Average
12.90%
Max
1.60%
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 14 hours ago
$105.41
Latest
$84.00
Expected
$105.41
High
$185.64
Mean
$103.83
Low
$84.00
Median
$101.76

Top Healthcare Payers in Tennessee

BCBS of Tennessee

$137.71

paid in 13 days

Medicare of Georgia

$122.97

paid in 15 days

Medicare of Tennessee

$108.69

paid in 14 days

Humana

$86.91

paid in 12 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

Book a Demo With the #1 Billing and EMR System

  1. Built to Get You Paid

    Our platform knows all your payer rules and identifies errors proactively to ensure you get paid fast and accurately.

  2. All-In-One Platform Built for Growth

    Strata combines your EMR, billing, and revenue cycle management into a single system that streamlines workflows, reduces errors, and gets you paid.

  3. AI-Powered Denial Prevention

    Our proprietary AI identifies and prevents denials before claims are submitted - included at no additional cost.

Frequently Asked Questions

Related: