5 notes on orthopedics-focused ASC’s A/R

Here are five notes on accounts receivable at orthopedics-driven ambulatory surgery centers, according to VMG’s latest Intellimaker ASC study.

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1. Gross A/R: $1,081
2. Net A/R: $943
3. Net A/R turnover: 10.48
4. Net A/R days outstanding: 36
5. A/R aging:

•    0 to 30 days — 53.2 percent
•    31 to 60 days — 17.5 percent
•    61 to 90 days — 8.6 percent
•    91 to 120 days — 5.7 percent
•    Over 120 days — 15 percent

More articles on ASC issues:
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