Where is this data coming from?

This data represents aggregated & anonymized data across PT, OT and SLP practices on StrataPT's EMR & RCM platforms.

What do the dashed lines represent?

We use dashed lines to represent data that is likely to change quite often.

What is the average First Pass Clean Claim Rate in Indiana?

The average First Pass Clean Claim Rate in Indiana is 95.12% for physical therapy, occupational therapy and speech language therapy practices.

What is the average Denial Rate in Indiana?

The average Denial Rate in Indiana is 11.12% for physical therapy, occupational therapy and speech language therapy practices.

What is the average Reimbursement per Visit in Indiana?

The expected Reimbursement Per Visit in Indiana is $104.22 for physical therapy, occupational therapy and speech language therapy practices.

What is the average number of days it takes to complete patient notes in Indiana?

The average most therapists in Indiana complete patient notes in 5.07 days.

What is the average number of Units Per Visit in Indiana?

The average number of Units Per Visit in Indiana is 3.54 for physical therapy, occupational therapy and speech language therapy practices.

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Physical Therapy Practice Benchmarks in Indiana

Running a PT, OT or SLP practice in Indiana 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 Indiana

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 16 hours ago

11.10 days

Latest

5.07 days

Average

15.97 days

Max

2.06 days

Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.

Data refreshed 16 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 16 hours ago

3.579

Latest

3.084

Expected

3.579

High

3.764

Mean

3.542

Low

3.084

Median

3.606

Financial & RCM Benchmarks for Physical Therapy Practices in Indiana

Healthcare Payer Reimbursement Rates in Indiana

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 16 hours ago

98.40%

Latest

95.12%

Average

99.80%

Max

79.50%

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 16 hours ago

2.10%

Latest

11.12%

Average

17.40%

Max

2.10%

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 16 hours ago

$104.22

Latest

$99.97

Expected

$104.22

High

$214.24

Mean

$105.80

Low

$84.39

Median

$101.75

Top Healthcare Payers in Indiana

Aetna: $170.23
paid in 6 days
Medicare of Indiana: $163.45
paid in 14 days
BCBS of Ohio: $113.90
paid in 55 days
Medicare of Ohio: $110.59
paid in 14 days

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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Physical Therapy Practice Benchmarks by State

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Physical Therapy Practice Benchmarks in Indiana

Operational Benchmarks for Physical Therapy Practices in Indiana

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 16 hours ago

Financial & RCM Benchmarks for Physical Therapy Practices in Indiana

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 16 hours ago

Top Healthcare Payers in Indiana

Aetna

Medicare of Indiana

BCBS of Ohio

Medicare of Ohio

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Frequently Asked Questions

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Physical Therapy Practice Benchmarks by State

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