Accounts Receivable Analysis for ASCs by Revenues From the VMG Health 2008 Intellimarker

Written by Staff | January 13, 2009

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According to the VMG Health 2008 Intellimarker, here is an analysis of accounts receivable for all ASCs, followed by a breakdown by revenues. Note: A/R dollars are in thousands.

All ASCs

A/R(gross) — $1,204
A/R (net) — $623
A/R turnover (net) — 8.00
A/R days outstanding (net) — 42
A/R aging

• 0 to 30 days — 50.8 percent
• 31 to 60 days — 19.0 percent
• 61 to 90 days — 8.7 percent
• 91 to 120 days — 5.4 percent
• 121+ days — 15.0 percent

< $4.5 million

A/R (gross) — $637
A/R (net) — $399
A/R turnover (net) — 7.18
A/R days outstanding (net) — 50
A/R aging

• 0 to 30 days — 50.1 percent
• 31 to 60 days — 17.5 percent
• 61 to 90 days — 8.2 percent
• 91 to 120 days — 5.3 percent
• 121-plus days — 13.2 percent

$4.5 million to $6,999,999

A/R (gross) — $1,087
A/R (net) — $577
A/R turnover (net) — 8.86
A/R days outstanding (net) — 37
A/R aging

• 0 to 30 days — 53.1 percent
• 31 to 60 days — 19.9 percent
• 61 to 90 days — 8.4 percent
• 91 to 120 days — 5.2 percent
• 121-plus days — 14.0 percent

$7 million+

A/R (gross) — $2,169
A/R (net) — $1,054
A/R turnover (net) — 8.33
A/R days outstanding (net) — 39
A/R aging

• 0 to 30 days — 49.5 percent
• 31 to 60 days — 18.7 percent
• 61 to 90 days — 8.9 percent
• 91 to 120 days — 5.1 percent
• 121-plus days — 15.5 percent

To receive a copy of the VMG Health 2008 Intellimarker and learn more about VMG, visit www.vmghealth.com.

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