Accounts Receivable Analysis for ASCs by Revenues From the VMG Health 2008 Intellimarker

According to the VMG Health 2008 Intellimarker, here is an analysis of accounts receivable for all ASCs, followed by a breakdown by revenues. Note: A/R dollars are in thousands.

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All ASCs

A/R(gross) — $1,204
A/R (net) — $623
A/R turnover (net) — 8.00
A/R days outstanding (net) — 42
A/R aging

  • 0 to 30 days — 50.8 percent
  • 31 to 60 days — 19.0 percent
  • 61 to 90 days — 8.7 percent
  • 91 to 120 days — 5.4 percent
  • 121+ days — 15.0 percent

< $4.5 million

A/R (gross) — $637
A/R (net) — $399
A/R turnover (net) — 7.18
A/R days outstanding (net) — 50
A/R aging

  • 0 to 30 days — 50.1 percent
  • 31 to 60 days — 17.5 percent
  • 61 to 90 days — 8.2 percent
  • 91 to 120 days — 5.3 percent
  • 121-plus days — 13.2 percent

$4.5 million to $6,999,999

A/R (gross) — $1,087
A/R (net) — $577
A/R turnover (net) — 8.86
A/R days outstanding (net) — 37
A/R aging

  • 0 to 30 days — 53.1 percent
  • 31 to 60 days — 19.9 percent
  • 61 to 90 days — 8.4 percent
  • 91 to 120 days — 5.2 percent
  • 121-plus days — 14.0 percent

$7 million+

A/R (gross) — $2,169
A/R (net) — $1,054
A/R turnover (net) — 8.33
A/R days outstanding (net) — 39
A/R aging

  • 0 to 30 days — 49.5 percent
  • 31 to 60 days — 18.7 percent
  • 61 to 90 days — 8.9 percent
  • 91 to 120 days — 5.1 percent
  • 121-plus days — 15.5 percent

To receive a copy of the VMG Health 2008 Intellimarker and learn more about VMG, visit www.vmghealth.com.

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.

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