Here are five statistics on aged cash breakdown in surgery centers, i.e. how much cash was collected from the service date to check date. Data is based on 25 percent of all national outpatient remittances from the month of September from RemitDATA, an independent, leading source of comparative analytics for reimbursement, utilization and productivity data.
Data on aged cash breakdown
78.9 percent of ASCs collect between 0-30 days.
13.3 percent collect between 31-60 days.
2.4 percent collect between 61-90 days.
5.4 percent collect 91-180+ days.
20 percent of claims are not collected for over thirty days.
Learn more about RemitDATA.
Related Articles on ASC Benchmarking:
5 Critical Benchmarking Steps for Surgery Centers
10 Steps for Benchmarking the Financial Solvency of ASCs
Importance of Strategic Benchmarking for ASCs
Data on aged cash breakdown
78.9 percent of ASCs collect between 0-30 days.
13.3 percent collect between 31-60 days.
2.4 percent collect between 61-90 days.
5.4 percent collect 91-180+ days.
20 percent of claims are not collected for over thirty days.
Learn more about RemitDATA.
Related Articles on ASC Benchmarking:
5 Critical Benchmarking Steps for Surgery Centers
10 Steps for Benchmarking the Financial Solvency of ASCs
Importance of Strategic Benchmarking for ASCs
Data is based on 25 percent of all national outpatient remittances from the month of September from RemitDATA,
an independent, leading source of Comparative Analytics for reimbursement, utilization and productivity data.ted fo
an independent, leading source of Comparative Analytics for reimbursement, utilization and productivity data.ted fo