VMG Health 2008 Intellimarker: Analysis of Operating Expenses for ASCs

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VMG Health 2008 Intellimarker: Analysis of Operating Expenses for ASCs

Written by Stephanie Wasek

Wednesday, 19 November 2008

According to the VMG Health 2008 Intellimarker, here are how operating expenses for ASCs break down, according to their percentage of net revenue. The averages for all facilities are given first, then broken down by region.

National
Employee salary and wages — 23.8 percent
Taxes and benefits — 5.0 percent
Occupancy costs — 6.9 percent
Medical and surgical — 21.2 percent
Other medical costs — 1.3 percent
Insurance— 1.0 percent
General and administrative — 7.1 percent
Total operating expenses — 77.0 percent of net revenues

West
Employee salary and wages — 26.2 percent
Taxes and benefits — 4.9 percent
Occupancy costs — 7.9 percent
Medical and surgical — 18.6 percent
Other medical costs — 1.5 percent
Insurance— 1.2 percent
General and administrative — 14.7 percent
Total operating expenses — 81.3 percent of net revenues

Southwest
Employee salary and wages — 23.4 percent
Taxes and benefits — 4.8 percent
Occupancy costs — 6.8 percent
Medical and surgical — 22.2 percent
Other medical costs — 0.9 percent
Insurance— 0.9 percent
General and administrative — 14.9 percent
Total operating expenses — 81.0 percent of net revenues

Midwest
Employee salary and wages — 22.6 percent
Taxes and benefits — 4.1 percent
Occupancy costs — 5.4 percent
Medical and surgical — 18.4 percent
Other medical costs — 1.2 percent
Insurance— 0.8 percent
General and administrative — 11.4 percent
Total operating expenses — 64.1 percent of net revenues

Southeast
Employee salary and wages — 24.0 percent
Taxes and benefits — 5.2 percent
Occupancy costs — 6.5 percent
Medical and surgical — 22.7 percent
Other medical costs — 2.7 percent
Insurance— 1.0 percent
General and administrative — 14.4 percent
Total operating expenses — 75.1 percent of net revenues

Northeast
Employee salary and wages — 25.8 percent
Taxes and benefits — 5.1 percent
Occupancy costs — 7.4 percent
Medical and surgical — 20.8 percent
Other medical costs — 0.7 percent
Insurance— 1.1 percent
General and administrative — 14.2 percent
Total operating expenses — 80.4 percent of net revenues

Learn more about VMG Health. To receive a copy of the VMG Health Intellimarker, go to the VMG Health Web site.