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.
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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.