10 Statistics on Cash in ASCs

Here are 10 statistics on cash in ambulatory surgery centers, based on data from VMG Health’s Multi-Specialty ASC Intellimarker 2010.

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1. Average cash in ASCs was $525,000, representing 15.9 percent of total assets.

Based on number of operating rooms:

2. Average cash in ASCs with 1-2 ORs was $345,000, representing 14.2 percent of total assets.
3. Average cash in ASCs with 3-4 ORs was $403,000, representing 16.9 percent of total assets.
4. Average cash in ASCs with more than four ORs was $741,000, representing 14.8 percent of total assets.

Based on case volume:

5. Average cash in ASCs with fewer than 3,000 annual cases was $237,000, representing 15.9 percent of total assets.
6. Average cash in ASCs with 3,000-5,999 annual cases was $351,000, representing 18 percent of total assets.
7. Average cash in ASCs with more than 5,999 annual cases was $690,000 representing 17.4 percent of total assets.

Based on net revenue:

8. Average cash in ASCs with less than $4.5 million in annual net revenue was $187,000, representing 14.7 percent of total assets.
9. Average cash in ASCs with $4.5-$6.99 million in annual net revenue was $359,000, representing 14.7 percent of total assets.
10. Average cash in ASCs with more than $6.99 million in annual net revenue was $846,000, representing 20.7 of total assets.

Read more benchmarking statistics from VMG Health:

VMG information comes from VMG Health’s Multi-Specialty ASC Intellimarker 2010 benchmarking study. VMG Health is a leading valuation and transaction advisory firm in healthcare. To receive a complimentary copy of VMG Health’s 2010 Multi-Specialty ASC Intellimarker, click here.

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