12 statistics on ASC days cash on hand

ASCs report having various days cash on hand depending on the center and region of the country, according to VMG Health’s Multi-Specialty ASC Intellimarker 2017.

Advertisement

 

Here are the days cash on hand for ASCs across the country.

1. All facilities: 37
2. Atlantic: 27.8
3. Midwest: 35.7
4. Mountain: 33.3
5. Northeast: 30.8
6. Pacific: 37
7. South: 42.6

Overall, the average days cash on hand is:

8. Mean: 50.1
9. 25th percentile: 23.7
10. Median: 37
11. 75th percentile: 62.3
12. 90th percentile: 94.3 days

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.