Real-Time 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 4 hours ago
0.06 days
Latest
0.20 days
Average
1.41 days
Max
0.00 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 4 hours ago
4.103
Latest
4.646
Expected
4.103
High
5.078
Mean
4.541
Low
4.103
Median
4.536

Financial & RCM Benchmarks for Physical Therapy Practices 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 4 hours ago
98.90%
Latest
92.04%
Average
98.90%
Max
76.50%
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 4 hours ago
1.10%
Latest
4.61%
Average
13.10%
Max
0.50%
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
$113.56
Latest
$74.74
Expected
$113.56
High
$144.14
Mean
$103.13
Low
$74.74
Median
$101.18

Top Healthcare Payers in Tennessee

More Tennessee Healthcare Payer Benchmarks

BCBS of Tennessee

$156.22

paid in 15 days

Humana

$134.49

paid in 9 days

Medicare of Tennessee

$127.40

paid in 15 days

Aetna

$86.46

paid in 11 days

Related:

Frequently Asked Questions

Speak to an Expert

If you’re in a rush and want to get the ball rolling, let's put something on the calendar now to talk about how StrataPT can work for you.

Schedule Now