Physical Therapy Practice Benchmarks in Virginia

Running a PT, OT or SLP practice in Virginia 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 Virginia

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 23 hours ago
5.12 days
Latest
6.45 days
Average
10.84 days
Max
2.60 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 23 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 23 hours ago
3.678
Latest
3.907
Expected
3.678
High
3.928
Mean
3.689
Low
3.412
Median
3.683
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Financial & RCM Benchmarks for Physical Therapy Practices in Virginia

Healthcare Payer Reimbursement Rates in Virginia

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 23 hours ago
99.60%
Latest
96.72%
Average
99.60%
Max
87.60%
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 23 hours ago
2.50%
Latest
9.25%
Average
13.60%
Max
2.50%
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 23 hours ago
$89.46
Latest
$94.64
Expected
$89.46
High
$108.94
Mean
$89.83
Low
$83.13
Median
$88.91

Top Healthcare Payers in Virginia

BCBS of West Virginia

$158.55

paid in 34 days
View 4 recent CPT Code Combinations

Aetna Better Health of Virginia

$112.18

paid in 9 days
View 4 recent CPT Code Combinations

* BCBS of Virginia

$97.33

paid in 11 days
View 60 recent CPT Code Combinations

MedRisk

$92.50

paid in 36 days
View 5 recent CPT Code Combinations

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.

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Frequently Asked Questions

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