The 2018 multispecialty ASC study is based on data from 2016 and 2017 collected from over 275 centers, encompassing a surgical case volume of over 1.3 million.
Here are the key statistics to know:
Atlantic
Cash and equivalents: $564,000
Percent of total operating expenses: 9.4 percent
Days cash on hand: 34.5
Net accounts receivable: $769,000
Percent of net operating revenue: 8.6 percent
Net working capital: $1,137,000
Midwest
Cash and equivalents: $695,000
Percent of total operating expenses:9.1 percent
Days cash on hand: 33.1
Net accounts receivable: $1,084,000
Percent of net operating revenue: 11.0 percent
Net working capital: $1,355,000
Mountain
Cash and equivalents: $463,000
Percent of total operating expenses: 6.0 percent
Days cash on hand: 22.1
Net accounts receivable: $761,000
Percent of net operating revenue: 8.5 percent
Net working capital: $1,141,000
Northeast
Cash and equivalents: $672,000
Percent of total operating expenses: 10.4 percent
Days cash on hand: 38.1
Net accounts receivable: $1,118,000
Percent of net operating revenue: 48.6 percent
Net working capital: $1,368.000
Pacific
Cash and equivalents: $758,000
Percent of total operating expenses: 9.5 percent
Days cash on hand: 34.7
Net accounts receivable: $965,000
Percent of net operating revenue: 10.2 percent
Net working capital: $1,376,000
South
Cash and equivalents: $889,000
Percent of total operating expenses: 11.7 percent
Days cash on hand: 42.8
Net accounts receivable: $836,000
Percent of net operating revenue: 7.5 percent
Net working capital $1,267,000
More articles on benchmarking:
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