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

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.

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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

Learn more about VMG Health. To receive a copy of the VMG Health Intellimarker, go the the VMG Health Web site.

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