Management fees can eat up more than $1 million of an ASC’s annual budget, according to VMG Health’s “Multi-Specialty ASC Benchmarking Study” for 2022. The study found that on average, 4.8 percent of ASC net operating revenue is spent on management fees.
The percentile figures below represent the percentage of ASCs in the U.S. that reach or fall below the number listed after the colon.
Management fee expenditures — dollar amount
1. Mean: $547,000
2. 25th percentile: $293,000
3. Median: $436,000
4. 75th percentile: $713,000
5. 90th percentile: $1,091,000
Management fee expenditures — percent of net operating revenue
6. Mean: 4.8 percent
7. 25th percentile: 3.9 percent
8. Median: 4.9 percent
9. 75th percentile: 5.9 percent
10. 90th percentile: 6.8 percent
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.