3 key performance indicators for ASCs

ASC-specific benchmarks can help centers better manage financial issues, according to Regent RCM.

Three key performance indicators to know:

1. Staffing per 1,000 cases. This benchmark helps ASCs optimize staffing. The gold standard is 1.5 full-time equivalents per 1,000 cases.

2. Days outstanding. Ideally, accounts receivable days outstanding should be less than 30 days.

3. A/R over 90 days. Track aging A/R to find issues with collections and/or denials. Less than 20 percent of A/R should be over 90 days.

More articles on coding, billing and collections:
Now-defunct Laser Spine Institute under fire over insurance handling — 5 key details
Washington passes surprise-billing law
3 ways ASCs can improve cash flow

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