1. Cash
- All facilities — $511,000
- Less than 3,000 cases — $271,000
- 3,000-5,999 cases — $414,000
- More than 5,999 cases — $637,000
2. Cash as a percent of total assets
- All facilities — 15.8 percent
- Less than 3,000 cases — 12.3 percent
- 3,000-5,999 cases — 17.8 percent
- More than 5,999 cases — 15.1 percent
3. Net A/R
- All facilities — $653,000
- Less than 3,000 cases — $384,000
- 3,000-5,999 cases — $597,000
- More than 5,999 cases — $829,000
4. Net A/R as a percent of total assets
- All facilities — 21.1 percent
- Less than 3,000 cases — 21.2 percent
- 3,000-5,999 cases — 21.2 percent
- More than 5,999 cases — 20.9 percent
5. Working capital
- All facilities — $900,000
- Less than 3,000 cases — $421,000
- 3,000-5,999 cases — $802,000
- More than 5,999 cases — $1.1 million
6. Working capital as a percent of net revenue
- All facilities — 13.5 percent
- Less than 3,000 cases — 9.6 percent
- 3,000-5,999 cases — 13.7 percent
- More than 5,999 cases — 13.9 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.
At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
