5 Interesting Financial Statistics About Orthopedics in ASCs

Here are five financial statistics about orthopedics in ASCs, according to VMG Health’s 2009 Intellimarker.

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1. Orthopedics makes up an average of 16 percent of cases in all ASCs, regardless of the ASC’s net revenue.

 

2. The average surgery center performs 4,869 cases annually, which would average to 779 orthopedics cases annually.

 

3. Midwest ASCs have the highest percent of orthopedics cases of their total case mix at 21 percent. Southeast and Southwest ASCs have the lowest at 13 percent.

 

4. Here is the median gross charges per orthopedics case by region of the country:

  • All facilities — $8,026
  • West — $7,828
  • Southwest — $9,670
  • Midwest — $7,075
  • Southeast — $7,830
  • Northeast — $5,643

 

5. Here is the median net revenue per orthopedics case by region of the country:

  • All facilities — $2,453
  • West — $2,451
  • Southwest — $2,693
  • Midwest — $2,739
  • Southeast — $2,111
  • Northeast — $2,129

Information comes from VMG Health’s 2009 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.

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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