Here are nine statistics on surgery center cash, net accounts receivable and working capital as a percentage of net revenue based on case volume, according to VMG Health's 2011 ASC Intellimarker Survey.
Less than 3,000 cases
• Cash: 18.6 percent
• Net A/R: 17.9 percent
• Working capital: 14 percent
3,000 to 5,999 cases
• Cash: 17.5 percent
• Net A/R: 19.9 percent
• Working capital: 13.9 percent
More than 5,999 cases
• Cash: 17.5 percent
• Net A/R: 22.1 percent
• Working capital: 13.8 percent
More Articles on Transactions and Valuation Issues:
ASC Sector M&A Activity: Outlook for 2014
St. John's Hospital Explores Possibility of Acquiring Prairie Surgicenter for $8.5M
Constitution Surgery Center East to Move Forward With $3.5M Expansion
Less than 3,000 cases
• Cash: 18.6 percent
• Net A/R: 17.9 percent
• Working capital: 14 percent
3,000 to 5,999 cases
• Cash: 17.5 percent
• Net A/R: 19.9 percent
• Working capital: 13.9 percent
More than 5,999 cases
• Cash: 17.5 percent
• Net A/R: 22.1 percent
• Working capital: 13.8 percent
More Articles on Transactions and Valuation Issues:
ASC Sector M&A Activity: Outlook for 2014
St. John's Hospital Explores Possibility of Acquiring Prairie Surgicenter for $8.5M
Constitution Surgery Center East to Move Forward With $3.5M Expansion