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Physical Therapy Practice Benchmarks in South Carolina

Running a PT, OT or SLP practice in South Carolina 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 South Carolina

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 11 hours ago
2.36 days
Latest
3.99 days
Average
7.13 days
Max
1.56 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 11 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 11 hours ago
3.991
Latest
4.044
Expected
3.991
High
4.15
Mean
3.984
Low
3.838
Median
3.989

Financial & RCM Benchmarks for Physical Therapy Practices in South Carolina

Healthcare Payer Reimbursement Rates in South Carolina

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 11 hours ago
99.70%
Latest
97.70%
Average
99.80%
Max
84.30%
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 11 hours ago
3.70%
Latest
9.34%
Average
19.00%
Max
3.70%
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 11 hours ago
$96.49
Latest
$135.71
Expected
$96.49
High
$135.71
Mean
$98.68
Low
$94.02
Median
$97.26

Top Healthcare Payers in South Carolina

Cigna - RPN

$144.93

paid in 49 days
View recent CPT Code Combinations

BCBS of South Carolina

$109.29

paid in 15 days
View 27 recent CPT Code Combinations

Medicare of South Carolina

$105.48

paid in 14 days
View 65 recent CPT Code Combinations

Aetna

$94.98

paid in 6 days
View 21 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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Frequently Asked Questions

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