Frequency of Orthopedics in Surgery Centers
Percentage of single-specialty ASCs driven by orthopedics: 5 percent
Percentage of centers performing orthopedics: 21 percent
Average number of annual orthopedic procedures: 1,236
Average percentage volume of orthopedics at all centers: 9 percent
Balance Sheet
Net revenue: $7,948,000
Total operating expenses: $5,169,000
EBITDA: $2,779,000
Working capital: $1,460,000
Total assets: $3,632,000
Accounts Receivable
A/R net turnover: 8.54 days
A/R net days outstanding: 48 days
Gross accounts receivable: $1,290,000
Net accounts receivable: $820,000
Case Volume and Revenue
Total cases per year: 3,484
Cases per day: 13.9
Surgical cases per operating room yearly: 787
Surgical cases per operating room daily: 3.1
Non-surgical cases per procedure room yearly: 627
Non-surgical cases per procedure room daily: 2.5
Percentage of cases performed by top 2 physicians: 34 percent
Orthopedics revenue per case: $2,747
Payor Mix
Medicare: 17 percent
Medicaid: 3 percent
Commercial: 67 percent
Workers’ Comp: 12 percent
Self Pay: 1 percent
Other: 7 percent
Staffing
Number of nurse FTEs: 12.8
Number of tech FTEs: 5.9
Number of administrative FTEs: 8.1
Number of administrators: 1.0
Total FTEs: 24.4
Nurse hourly salary: $33.60
Tech hourly salary: $21.77
Administrative staff hourly salary: $23.78
Administrator salary: $101,213
Nurse hours per case: 7.6
Tech hours per case: 3.4
Administrative hours per case: 4.8
Administrator hours per case: 0.8
Source, 1-4: SDI’s Outpatient Surgery Center Profiling Solution. To learn more about SDI go to www.sdihealth.com or contact Scott Bogart at (215) 347-6927 or
sbogart@sdihealth.com
.
Related Articles on Surgery Center Benchmarking:
Clinical Statistics Surgery Centers Should Look at Every Month
25 Statistics on Surgery Center Growth
Top 10 States With More ASCs Than Hospitals
