Accounts Receivable Analysis for Orthopedic-Driven ASCs

Here is an accounts receivable analysis for ASCs with greater than 50 percent of their case volume in orthopedics, according to VMG Health’s 2009 Intellimarker. Note: Figures provided are averages, dollar amounts are in thousands.

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1. A/R (Gross) — $1,487

 

2. A/R (Net) — $820

 

3. A/R turnover (Net) — 9.09 days

 

4. A/R days outstanding (Net) — 43 days

 

5. A/R aging

  • 0-30 days — 43.7 percent
  • 31-60 days — 23.1 percent
  • 61-90 days — 9.5 percent
  • 91-120 days — 5.7 percent
  • Over 120 days — 17.9 percent

 

Information comes from VMG Health’s Intellimarker benchmarking study. VMG Health is a leading valuation and transaction advisory firm in healthcare. To receive a complimentary copy of VMG Health’s 2009 Intellimarker, click here.

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