Real-Time Physical Therapy Practice Benchmarks in Wyoming

Running a PT, OT or SLP practice in Wyoming 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 Wyoming

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
12.94 days
Latest
2.95 days
Average
12.94 days
Max
0.30 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
3.797
Latest
3.321
Expected
3.797
High
3.797
Mean
3.634
Low
3.263
Median
3.653

Financial & RCM Benchmarks for Physical Therapy Practices in Wyoming

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
97.20%
Latest
93.14%
Average
99.50%
Max
36.60%
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 4 hours ago
6.20%
Latest
9.80%
Average
35.30%
Max
2.60%
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
$110.77
Latest
$685.20
Expected
$110.77
High
$685.20
Mean
$126.65
Low
$96.59
Median
$108.84

Top Healthcare Payers in Wyoming

More Wyoming Healthcare Payer Benchmarks

Medicare of Wyoming

$107.21

paid in 15 days

Related:

Frequently Asked Questions

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