8 statistics on orthopedics-driven ASC accounts receivable

Here are eight statistics on accounts receivable for ambulatory surgery centers with orthopedics being more than 50 percent of the cases, according to the VMG Health Multi-Specialty ASC Intellimarker.

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1. Gross accounts receivable: $1 million
2. Net accounts receivable: $943,000
3. Net A/R turnover: 10.48 days
4. Net A/R days outstanding: 36
5. A/R aging 0 to 30 days: 53.2 percent
6. A/R aging 31 to 60 days: 17.5 percent
7. A/R aging 61 to 90 days: 8.6 percent
8. A/R aging 91 to 120 days: 5.7 percent

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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.

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