Physical Therapist in Private Practice in New Jersey

Across 4,013 physical therapist in private practice clinicians in New Jersey who billed Original Medicare Part B in 2024, Medicare allowed $323,573,780 in total — an average of $80,631 each, of which $80,631 was for services and the rest for drugs administered in the office.

This is not a salary. The rest is what Medicare allowed for services these clinicians billed — Original Medicare fee-for-service only. It excludes Medicare Advantage, which now covers more than half of Medicare enrollees, along with Medicaid and every commercial insurer, so for most clinicians it is a fraction of their practice. It is also gross revenue: staff, rent, supplies and malpractice premiums all come out of it before anyone is paid. Anyone quoting a figure like this as physician pay is misreading it.