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Healthcare Payer Reimbursement Rates in New York

Accepting healthcare payers in New York shouldn't be mysterious. We share our aggregate data -- whether you're a client of ours or not.

Healthcare Payer Reimbursement Rates for Physical Therapy Practices in New York

Physical Therapy Practice Benchmarks in New York

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
96.60%
Latest
94.35%
Average
98.50%
Max
86.80%
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
2.50%
Latest
14.00%
Average
26.80%
Max
2.50%
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 1 day ago
$97.33
Latest
$71.42
Expected
$97.33
High
$118.69
Mean
$93.39
Low
$71.42
Median
$92.78

Top Healthcare Payers in New York

Medicare of New York

$123.15

paid in 16 days

1199 SEIU

$123.08

paid in 38 days

ALLSTATE

$122.41

paid in 45 days

Medicare of New York (Queens)

$116.57

paid in 14 days

Geico

$97.84

paid in 61 days

Managed Physical Network

$85.33

paid in 29 days

UHC

$79.06

paid in 60 days

Humana

$79.00

paid in 29 days

Univera

$78.26

paid in 47 days

BCBS of Western NY (Highmark)

$77.96

paid in 13 days

Empire Plan NYSHIP

$76.80

paid in 15 days

American Specialty Health

$76.74

paid in 22 days

Medicare of New York (Upstate)

$73.66

paid in 16 days

Healthfirst of NY

$71.90

paid in 11 days

Fidelis Care

$68.44

paid in 26 days

BCBS New York

$67.38

paid in 66 days

Aetna

$65.39

paid in 8 days

Independent Health

$57.14

paid in 24 days

Emblem Health

$52.45

paid in 13 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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Frequently Asked Questions

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