5 notes on orthopedics-focused ASC’s A/R

Here are five notes on accounts receivable at orthopedics-driven ambulatory surgery centers, according to VMG’s latest Intellimaker ASC study.

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1. Gross A/R: $1,081
2. Net A/R: $943
3. Net A/R turnover: 10.48
4. Net A/R days outstanding: 36
5. A/R aging:

•    0 to 30 days — 53.2 percent
•    31 to 60 days — 17.5 percent
•    61 to 90 days — 8.6 percent
•    91 to 120 days — 5.7 percent
•    Over 120 days — 15 percent

More articles on ASC issues:
5 key points on Kaleida Health’s new $2.7M ASC
Corvallis Clinic Surgery Center paves the way for patient safety efforts: 4 key takeaways
ASC at St. Mary suffers data breach affecting 13k patients

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.

Register to Attend Webinar

Is ambulatory care healthcare’s big margin engine? 4 leaders weigh in

Wednesday, July 29
1:00 PM - 2:00 PM CDT

Presenters: Joe Ganley, athenahealthJeffrey Flynn, CASC, Gramercy Surgery CenterBryan Tsao, Access Center, Loma Linda University HealthJason Zepeda, Northridge Hospital Medical Center, CommonSpirit HealthGreg DeConciliis, PA-C, CASC, Boston Out­Patient Surgical Suites

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