ASC Turnarounds: Ideas to Improve Performance
12 Statistics and Financial Figures to Analyze Weekly and Share With Physicians
Brian Brown, regional vice president of operations of Meridian Surgical Partners, suggests ASCs analyze the following 12 items and share the data with their physicians on a weekly basis.
1. Cases per week
2. Salaries and wages per case
3. Hours per case
4. Cash collections month to date
5. Refunds
6. Collections net refunds
7. Percentage of cash collections' goal met
8. Net revenue month to date
9. Net revenue per case
10. Days in accounts receivable
11. Outstanding accounts payable
12. Accounts payable due including payroll, available cash
Learn more about Meridian Surgical Partners.
Read more insight from Brian Brown:
- 7 Statistics ASCs Should Look at Every Month
- Practical Guidance for Physician-Investor Meetings
- 8 Statistics and Financial Figures to Analyze Monthly and Share With Physicians
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