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Physical Therapy Practice Benchmarks in Utah

Running a PT, OT or SLP practice in Utah 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 Utah

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 10 hours ago
22.50 days
Latest
18.26 days
Average
29.10 days
Max
9.28 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 10 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 10 hours ago
5.673
Latest
5.664
Expected
5.673
High
5.969
Mean
5.69
Low
5.372
Median
5.706

Financial & RCM Benchmarks for Physical Therapy Practices in Utah

Healthcare Payer Reimbursement Rates in Utah

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 10 hours ago
96.60%
Latest
94.10%
Average
98.40%
Max
84.90%
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 10 hours ago
1.50%
Latest
11.61%
Average
20.10%
Max
1.50%
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 10 hours ago
$83.33
Latest
$197.00
Expected
$83.33
High
$197.00
Mean
$103.36
Low
$82.94
Median
$100.05

Top Healthcare Payers in Utah

Medicare of Idaho

$115.32

paid in 15 days

Medicaid of Idaho

$108.09

paid in 32 days

Select Health

$93.61

paid in 22 days

Medicare of Utah

$85.61

paid in 15 days

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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With StrataPT, you can get an additional +$11,397.21 per month for your practice

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Frequently Asked Questions

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