The key details to know:
1. Valuable data indicators to benchmark include average charge per case, reimbursement per case, net collection percentage, average days to bill and overhead percentage.
2. Accounting accords and ASC software systems can provide the necessary information to benchmark operations internally.
3. Internal benchmarking can be used as a tool to improve quality at ASCs.
More articles on benchmarking:
6 key statistics to know on ASC acquisitions
7 key statistics to know on physician ownership
12 ASC ownership statistics to know
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.
