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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 1 day ago
21.43 days
Latest
17.23 days
Average
29.10 days
Max
8.68 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 1 day 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 1 day ago
5.667
Latest
5.623
Expected
5.667
High
5.969
Mean
5.692
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 1 day ago
99.20%
Latest
94.53%
Average
99.20%
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 1 day ago
0.90%
Latest
10.62%
Average
20.10%
Max
0.90%
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 1 day ago
$94.60
Latest
$167.36
Expected
$94.60
High
$167.36
Mean
$103.64
Low
$89.84
Median
$99.96

Top Healthcare Payers in Utah

Medicaid of Idaho

$108.09

paid in 26 days
View 5 recent CPT Code Combinations

Medicare of Idaho

$100.33

paid in 16 days
View 7 recent CPT Code Combinations

Medicare of Utah

$85.61

paid in 24 days
View 7 recent CPT Code Combinations

Select Health

$74.76

paid in 27 days
View 4 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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No Software Fees Ever

U.S. Based Customer Support

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Frequently Asked Questions

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