Ambulatory surgery centers often benchmark against national averages for accounts receivable and financial situation.
Here are 11 statistics about orthopedics-driven ASCs based on data from the VMG Multi-specialty ASC Intellimarker.
1. Cash: $955,000
2. Net accounts receivable: $943,000
3. Working capital: $1.87 million
4. Cash was 23.8 percent of total assets
5. Net A/R was 23.4 percent of total assets
6. Working capital was 18.9 percent of total assets
7. Current ratio was 5.2
8. Days of operating expenses was 78
9. Gross A/R: $1 million
10. Net A/R: $943,000
11. Net A/R days outstanding was 36