How much do third party billing and collections companies charge ambulatory surgery centers for their services?
Here are seven statistics on third party billing and collection fees as a percentage of ASC net revenue, according to the HealthCare Appraisers 2014 ASC Valuation Survey.
• 0 to 2 percent of net revenue: 0 percent
• 2 to 2.9 percent of net revenue: 4 percent
• 3 to 3.9 percent of net revenue: 35 percent
• 4 to 4.9 percent of net revenue: 30 percent
• 5 to 5.9 percent of net revenue: 13 percent
• 6 to 6.9 percent of net revenue: 13 percent
• More than 7 percent of net revenue: 4 percent
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Here are seven statistics on third party billing and collection fees as a percentage of ASC net revenue, according to the HealthCare Appraisers 2014 ASC Valuation Survey.
• 0 to 2 percent of net revenue: 0 percent
• 2 to 2.9 percent of net revenue: 4 percent
• 3 to 3.9 percent of net revenue: 35 percent
• 4 to 4.9 percent of net revenue: 30 percent
• 5 to 5.9 percent of net revenue: 13 percent
• 6 to 6.9 percent of net revenue: 13 percent
• More than 7 percent of net revenue: 4 percent
More Articles on ASC Issues:
The Most Important Qualities of a Successful ASC Administrator: 3 Expert Perspectives
19 ASCs Offering Retina Surgery
Kaiser ASCs Given "Green" Award