Healthcare Payer Reimbursement Rates in Kentucky

Accepting healthcare payers in Kentucky shouldn't be mysterious. We share our aggregate data -- whether you're a client of ours or not.

Healthcare Payer Reimbursement Rates for Physical Therapy Practices in Kentucky

Physical Therapy Practice Benchmarks in Kentucky

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 17 hours ago
98.70%
Latest
97.97%
Average
99.80%
Max
92.60%
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 17 hours ago
8.50%
Latest
9.66%
Average
16.60%
Max
4.70%
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 17 hours ago
$79.88
Latest
$118.03
Expected
$79.88
High
$118.03
Mean
$88.76
Low
$76.97
Median
$87.42

Top Healthcare Payers in Kentucky

Humana

$107.33

paid in 10 days
View 8 recent CPT Code Combinations

Medicare of Kentucky

$105.89

paid in 79 days
View 7 recent CPT Code Combinations

Wellcare

$101.46

paid in 10 days
View 3 recent CPT Code Combinations

BCBS of Kentucky

$94.88

paid in 15 days
View 12 recent CPT Code Combinations

United Health Care

$60.00

paid in 11 days
View 4 recent CPT Code Combinations

CPT copyright 2023 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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Our team will walk you through our EMR and RCM products plus show you how we can increase your reimbursement to 99.99%!

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300
$100.00
70%

This is the total amount you currently spend for EMR, scheduling or other software used to run your practice on a daily basis.

This is the total amount you currently spend for billing services. Typically this is the total monthly expense of your billing team (including salaries, benefits, clearinghouse fees, USPS postage and more) or the monthly fees paid to your billing service.

+$11,397.21 additional cash each month for your practice

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