Average Common Size Balance Sheet for Orthopedic-Driven ASCs

Written by Rob Kurtz | September 03, 2010

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Here is the average common size balance sheet for orthopedic-driven ASCs (facilities with greater than 50 percent of their case volume in orthopedics), according to VMG Health's 2009 Intellimarker. The balance sheet is broken down into assets, liabilities and equity, and includes the percentages associated with each item.

Assets

Cash and equivalents: 21.1 percent

Net accounts receivable: 21.0 percent

Other current assets: 6 percent

(Total current assets = 42.8 percent)

Gross property, plant, and equipment (PP&E): 94.7 percent

Accumulated depreciation: -47.1 percent

(Net PP&E = 47.7 percent)

Other assets: 12.3 percent

Liabilities

Current liabilities: 11.5 percent

Current portion of long-term debt: 8.7 percent

(Total current liabilities = 15.3 percent)

Total long-term debt: 36.3 percent

(Total liabilities = 43.5 percent)

Equity

Shareholders' equity = 56.5 percent

Information comes from VMG Health's Intellimarker benchmarking study. VMG Health is a leading valuation and transaction advisory firm in healthcare. To receive a complimentary copy of VMG Health's 2009 Intellimarker, click here.

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