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
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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.