1. Gross charges: $13.6 million
2. Adjustments: -$9.3 million
3. Net revenue: $3.6 million
Operating Expenses:
4. Employee salary and wages: $936,000
5. Taxes and benefits: $209,000
6. Occupancy costs: $395,000
7. Medical and surgical: $867,000
8. Other medical costs: $27,000
9. Insurance: $27,000
10. Depreciation and amortization: $262,000
11. General and administrative bad debt: $50,000
12. Management fees: $196,000
13. Other G&A: $622,000
14. Total general and administrative: $930,000
15. Total operating expenses: $5.5 million
Operating Income:
16. Operating income: $1.5 million
17. Other income (expense): $5,000
18. Net interest expense: $50,000
19. Earnings before taxes: $1.4 million
20. EBITDA: $1.8 million
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.