Accounts Receivable Analysis for Surgery Centers By Region

Here is an accounts receivable analysis for surgery centers, with a detailed breakdown by region, according to the VMG Health 2009 Intellimarker. Note: Figures provided are averages, dollar amounts are in thousands.

Advertisement

All ASCs
1. A/R gross — $1,313

2. A/R net — $653

3. A/R turnover — 9.92 days

4. A/R days outstanding — 37 days

5. A/R aging

  • 0-30 days — 51.3 percent
  • 31-60 days — 18.3 percent
  • 61-90 days — 8.7 percent
  • 91-120 days — 5.5 percent
  • Over 120 days — 12.5 percent

Midwest
6. A/R gross — $1,748

7. A/R net — $742

8. A/R turnover — 9.38 days

9. A/R days outstanding — 39 days

10. A/R aging

  • 0-30 days — 41.5 percent
  • 31-60 days — 21.1 percent
  • 61-90 days — 9.9 percent
  • 91-120 days — 5.9 percent
  • Over 120 days — 17.6 percent

Northeast
11. A/R gross — $1,646

12. A/R net — $655

13. A/R turnover — 10.39 days

14. A/R days outstanding — 35 days

15. A/R aging

  • 0-30 days — 50.8 percent
  • 31-60 days — 18.6 percent
  • 61-90 days — 9.0 percent
  • 91-120 days — 6.2 percent
  • Over 120 days — 11.7 percent

Southeast
16. A/R gross — $797

17. A/R net — $486

18. A/R turnover — 10.33 days

19. A/R days outstanding — 35 days

20. A/R aging

  • 0-30 days — 50.7 percent
  • 31-60 days — 17.6 percent
  • 61-90 days — 9.3 percent
  • 91-120 days — 5.6 percent
  • Over 120 days — 14.6 percent

Southwest
21. A/R gross — $1,308

22. A/R net — $737

23. A/R turnover — 10.80 days

24. A/R days outstanding — 34 days

25. A/R aging

  • 0-30 days — 54.7 percent
  • 31-60 days — 17.8 percent
  • 61-90 days — 7.9 percent
  • 91-120 days — 5.0 percent
  • Over 120 days — 11.2 percent

West
26. A/R gross — $1,279

27. A/R net — $632

28. A/R turnover — 8.85 days

29. A/R days outstanding — 41 days

30. A/R aging

  • 0-30 days — 52.9 percent
  • 31-60 days — 18.2 percent
  • 61-90 days — 8.8 percent
  • 91-120 days — 6.1 percent
  • Over 120 days — 12.2 percent

To receive a free copy of VMG Health’s 2009 Intellimarker, click here.

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in Uncategorized

Advertisement

Comments are closed.