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Physical Therapy Practice Benchmarks in Louisiana

Running a PT, OT or SLP practice in Louisiana 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 Louisiana

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 17 hours ago
22.68 days
Latest
11.73 days
Average
22.68 days
Max
2.30 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 17 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 17 hours ago
3.602
Latest
3.904
Expected
3.602
High
4.046
Mean
3.808
Low
3.555
Median
3.808

Financial & RCM Benchmarks for Physical Therapy Practices in Louisiana

Healthcare Payer Reimbursement Rates in Louisiana

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
99.20%
Latest
97.64%
Average
99.70%
Max
89.90%
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
1.10%
Latest
7.93%
Average
14.00%
Max
1.10%
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 17 hours ago
$90.44
Latest
$77.85
Expected
$90.44
High
$121.18
Mean
$92.51
Low
$77.85
Median
$90.93

Top Healthcare Payers in Louisiana

BCBS of Louisiana

$112.39

paid in 13 days
View 16 recent CPT Code Combinations

United Health Care

$104.44

paid in 8 days
View 7 recent CPT Code Combinations

Medicare of Louisiana

$102.82

paid in 15 days
View 20 recent CPT Code Combinations

Humana

$82.16

paid in 10 days
View 10 recent CPT Code Combinations

CPT copyright 2024 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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