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 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 11-13 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.
