Here are eight statistics on accounts receivable for ambulatory surgery centers with orthopedics being more than 50 percent of the cases, according to the VMG Health Multi-Specialty ASC Intellimarker.
1. Gross accounts receivable: $1 million
2. Net accounts receivable: $943,000
3. Net A/R turnover: 10.48 days
4. Net A/R days outstanding: 36
5. A/R aging 0 to 30 days: 53.2 percent
6. A/R aging 31 to 60 days: 17.5 percent
7. A/R aging 61 to 90 days: 8.6 percent
8. A/R aging 91 to 120 days: 5.7 percent