Aggregate statistical analysis:
1. The mean gross accounts receivable for ASCs was $1,421,000.
2. The net gross accounts receivable for was $722,000.
3. The mean A/R net turnover was 11.12 days.
4. The mean A/R net days outstanding was 37 days.
Based on case volume:
1. The mean gross accounts receivable for ASCs with fewer than 3,000 cases was $855,000.
2. The mean net accounts receivable for ASCs with fewer than 3,000 cases was $398,000.
3. The mean gross A/R for ASCs with 3,000-5,999 cases was $1,193,000.
4. The mean net A/R for ASCs with 3,000-5,999 cases was $573,000.
5. The mean gross A/R for ASCs with more than 6,000 cases was $1,025,000.
6. The mean net A/R for ASCs with more than 6,000 cases was $675,000.
Based on number of operating rooms:
1. The mean gross accounts receivable for ASCs with 1-2 ORs was $855,000.
2. The mean net accounts receivable for ASCs with 1-2 ORs was $390,000.
3. The mean gross A/R for ASCs with 3-4 ORs was $1,000,000.
4. The mean net A/R for ASCs with 3-4 ORs was $561,000.
5. The mean gross A/R for ASCs with more than four ORs was $1,190,000.
6. The mean net A/R for ASCs with more than four Ors was $832,000.
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 2010 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.
