30 Essential Benchmarks for Orthopedic-Heavy Surgery Centers

Here are 30 benchmarks on surgery centers that perform more than 50 percent orthopedic procedures, according to data from VMG Health’s Multi-Specialty ASC Intellimarker 2011. Note: All statistics are averages.

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Net revenue: $7,948,000
Total operating expenses: $5,169,000
Operating income: $2,472,000
EBITDA: $2,779,000

Operating expenses

Employee salary and wages: $1,577,000
Taxes and benefits:
$283,000
Occupancy costs: $503,000
Medical and surgical costs: $1,694,000
General and administrative: $1,022,000

Liquidity analysis

Cash: $1,068,000
Net A/R: $820,000
Working capital: $1,460

A/R analysis

Accounts receivable – gross: $1,290,000
Accounts receivable – net: $820,000
A/R turnover – net: 8.54
A/R days outstanding – net: 48

Case volume summary

Total cases per center:
3,484
Cases per day:
13.8
Cases per operating room annually: 787
Cases per procedure room annually: 627
% of cases performed by top two physicians: 34 percent
% of cases performed by top five physicians: 62 percent

Staffing/compensation summary

Nurse FTE: 12.8
Tech FTE: 5.9
Administrative FTE: 8.1
Total FTE: 24.4

Nurse hourly wage:
$33.60
Tech hourly wage: $21.77
Administrative hourly wage: $23.78
Administrator salary:
$101,213

Learn more about VMG Health publications.

Related Articles on Surgery Center Benchmarking:
How Does Your Surgery Center Measure Up: Same Center Performance Trends
3 Internal Benchmarks to Share With Surgery Center Physicians
50 Benchmarks on Surgery Center Case Volume

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