Real-Time Physical Therapy Practice Benchmarks in Texas

Running a PT, OT or SLP practice in Texas 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 Texas

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
12.21 days
Latest
4.04 days
Average
12.21 days
Max
1.14 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
3.582
Latest
3.664
Expected
3.582
High
3.76
Mean
3.666
Low
3.574
Median
3.667

Financial & RCM Benchmarks for Physical Therapy Practices in Texas

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
99.40%
Latest
96.61%
Average
99.80%
Max
89.80%
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 4 hours ago
0.60%
Latest
5.73%
Average
11.70%
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
$96.16
Latest
$95.17
Expected
$96.16
High
$124.65
Mean
$95.37
Low
$88.94
Median
$94.62

Top Healthcare Payers in Texas

More Texas Healthcare Payer Benchmarks

Medicare of Texas

$105.32

paid in 17 days

WellMed

$104.78

paid in 13 days

BCBS of Texas

$97.74

paid in 12 days

Scott & White Health Plan

$88.72

paid in 17 days

Related:

Frequently Asked Questions

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