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Physical Therapy Practice Benchmarks in Wisconsin

Running a PT, OT or SLP practice in Wisconsin 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 Wisconsin

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 18 hours ago
0.00 days
Latest
2.27 days
Average
8.40 days
Max
0.00 days
Min

Payer Scenario Mix

Across StrataPT's clients, this reflects the various payer mixes we often see.
Data refreshed 18 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 18 hours ago
2.875
Latest
3.059
Expected
2.875
High
3.059
Mean
2.943
Low
2.868
Median
2.941

Financial & RCM Benchmarks for Physical Therapy Practices in Wisconsin

Healthcare Payer Reimbursement Rates in Wisconsin

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 18 hours ago
99.10%
Latest
88.78%
Average
99.10%
Max
57.60%
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 18 hours ago
3.10%
Latest
10.46%
Average
17.50%
Max
3.10%
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 18 hours ago
$81.48
Latest
$138.07
Expected
$81.48
High
$140.97
Mean
$95.28
Low
$75.80
Median
$86.75

Top Healthcare Payers in Wisconsin

Medicare of Wisconsin

$91.86

paid in 16 days

Anthem BCBS Wisconsin

$76.29

paid in 37 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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U.S. Based Customer Support

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Frequently Asked Questions

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