Here are 55 statistics to know on operating revenue for ASCs from VMG Health's 2018 Multi-Specialty ASC Benchmarking Study.
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.
Working capital as a percentage of net revenue
1. Atlantic: 13.8 percent
2. Midwest: 15.1 percent
3. Mountain: 13.9 percent
4. Northeast: 17.5 percent
5. Pacific: 14.5 percent
6. South: 12.8 percent
Liquidity analysis by region
Atlantic
7. Cash and equivalents: $564,000
8. Percent of total operating expenses: 9.4 percent
9. Days cash on hand: 34.5
10. Net accounts receivable: $769,000
11. Percent of net operating revenue: 8.6 percent
12. Net working capital: $1,137,000
Midwest
13. Cash and equivalents: $695,000
14. Percent of total operating expenses: 9.1 percent
15. Days cash on hand: 33.1
16. Net accounts receivable: $1,084,000
17. Percent of net operating revenue: 11.0 percent
18. Net working capital: $1,355,000
Mountain
19. Cash and equivalents: $463,000
20. Percent of total operating expenses: 6.0 percent
21. Days cash on hand: 22.1
22. Net accounts receivable: $761,000
23. Percent of net operating revenue: 8.5 percent
24. Net working capital: $1,141,000
Northeast
25. Cash and equivalents: $672,000
26. Percent of total operating expenses: 10.4 percent
27. Days cash on hand: 38.1
28. Net accounts receivable: $1,118,000
29. Percent of net operating revenue: 48.6 percent
30. Net working capital: $1,368.000
Pacific
31. Cash and equivalents: $758,000
32. Percent of total operating expenses: 9.5 percent
33. Days cash on hand: 34.7
34. Net accounts receivable: $965,000
35. Percent of net operating revenue: 10.2 percent
36. Net working capital: $1,376,000
South
37. Cash and equivalents: $889,000
38. Percent of total operating expenses: 11.7 percent
39. Days cash on hand: 42.8
40. Net accounts receivable: $836,000
41. Percent of net operating revenue: 7.5 percent
42. Net working capital $1,267,000
Operating revenue by region
43. South: $10.4 million
44. Pacific: $8.4 million
45. Northeast: $7.7 million
46. Mountain: $7.4 million
47. Midwest: $8.9 million
48. Atlantic: $8 million
Drugs and medical supplies as a percentage of ASC revenue
49. All facilities: 24.4 percent
50. Atlantic: 25.4 percent
51. Midwest: 22.6 percent
52. Mountain: 26.1 percent
53. Northeast: 21.2 percent
54. Pacific: 24.7 percent
55. South: 23.4 percent