1. Average net revenue: $7.885 million
2. Cash and equivalents: $963,000
3. Net accounts receivable: $734,000
4. Working capital: $1.5 million
5. Days operating expenses: 85
6. Accounts receivable – Gross: $1.96 million
7. Accounts receivable – Net: $735,000
8. A/R turnover – Net: 9.84
9. A/R days outstanding – Net: 40
10. Gross charges per case: $9,530
11. Net revenue per case: $3,069
12. Medicare (as a percent of gross charges): 17 percent
13. Commercial payers (as a percent of gross charges): 67 percent
14. Workers compensation (as a percent of gross charges): 12 percent
15. Self pay (as a percent of gross charges): 1 percent
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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.