Liquidity Analysis for Surgery Centers With More Than 50% Orthopedics

Here are the median amounts of cash, net accounts receivable and working capital for surgery centers and their relative percentages of total assets, for ASCs with more than 50 percent of case volume in orthopedics, according to VMG Health’s 2009 Intellimarker.

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1. Cash

  • Median — $900,000
  • Percent of total assets — 22.2 percent

2. Net A/R

  • Median — $743,000
  • Percent of total assets — 24.6 percent

3. Working capital

  • Median — $1,093,000
  • Percent of total assets — 15.8 percent

Information comes from VMG Health’s Intellimarker benchmarking study. VMG Health is a leading valuation and transaction advisory firm in healthcare. To receive a complimentary copy of VMG Health’s 2009 Intellimarker, click here.

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