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Physical Therapy Practice Benchmarks in West Virginia

Running a PT, OT or SLP practice in West Virginia 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 West Virginia

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
6.02 days
Latest
6.79 days
Average
14.00 days
Max
3.58 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
3.733
Latest
3.879
Expected
3.733
High
4.176
Mean
3.902
Low
3.647
Median
3.866

Financial & RCM Benchmarks for Physical Therapy Practices in West Virginia

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
93.50%
Latest
94.43%
Average
96.70%
Max
93.10%
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
12.00%
Latest
6.90%
Average
12.20%
Max
1.20%
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
$86.19
Latest
$94.16
Expected
$86.19
High
$94.26
Mean
$87.65
Low
$80.99
Median
$87.36

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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