Here are 22 statistics on average ambulatory surgery center financials, according to data from VMG Health's Multi-Specialty ASC Intellimarker 2011.
Operating expenses:
Total operating expenses — $5.2 million
Employee salary and wage — $1.6 million
Taxes and benefits — $359,000
Occupancy costs — $477,000
Medical and surgical — $1.5 million
Depreciation and amortization — $349,000
Assets:
Cash and equivalents — $744,000
Net accounts receivable — $781,000
Other current assets — $224,000
Liabilities:
Current liabilities — $457,000
Total long-term debt — $1.3 million
Other long-term liabilities — $302,000
Liquidity:
Cash — $757,000; percent of total assets — 20.2
Net accounts receivable — $782,000; percent of total assets — 23.8
Working capital — $1.2 million; percent of net revenue — 15.6
Accounts receivable:
Gross — $1.4 million
Net — $781,000
Net A/R turnover — 11.36
Net A/R days outstanding — 36
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Operating expenses:
Total operating expenses — $5.2 million
Employee salary and wage — $1.6 million
Taxes and benefits — $359,000
Occupancy costs — $477,000
Medical and surgical — $1.5 million
Depreciation and amortization — $349,000
Assets:
Cash and equivalents — $744,000
Net accounts receivable — $781,000
Other current assets — $224,000
Liabilities:
Current liabilities — $457,000
Total long-term debt — $1.3 million
Other long-term liabilities — $302,000
Liquidity:
Cash — $757,000; percent of total assets — 20.2
Net accounts receivable — $782,000; percent of total assets — 23.8
Working capital — $1.2 million; percent of net revenue — 15.6
Accounts receivable:
Gross — $1.4 million
Net — $781,000
Net A/R turnover — 11.36
Net A/R days outstanding — 36
More Articles on Turnarounds:
5 Tips for Introducing New Technology to Your Board
25 Statistics on ASC Payor Mix
4 Advantages of Using Cloud-Computing Software for ASCs