26 statistics on ASC revenue cycle management services

Here are 26 statistics on revenue cycle management services based on the HealthCare Appraisers 2017 ASC Valuation Survey. Twenty-four ASC companies representing 700 surgery centers submitted responses for the survey.

 

Coding services

1. Always: 25 percent
2. Often: 10 percent
3. Sometimes: 10 percent
4. Rarely: 5 percent
5. Never: 50 percent

Accounting

6. Always: 70 percent
7. Often: 15 percent
8. Sometimes: 5 percent
9. Rarely: 0 percent
10. Never: 10 percent

Corporate revenue cycle executive or staff

11. Always: 60 percent
12. Often: 20 percent
13. 10 percent
14. Rarely: 0 percent
15. Never: 10 percent

Managed care contracting

16. Always: 80 percent
17. Often: 15 percent
18. Sometimes: 5 percent
19. Rarely: 0 percent
20. Never: 0 percent

Typical fees for third party billing and collections

21. 2.0 to 2.9 percent of net revenue: 10 percent
22. 3.0 to 3.9 percent of net revenue: 10 percent
23. 4.0 to 4.9 percent of net revenue: 38 percent
24. 5.0 to 5.9 percent of net revenue: 19 percent
25. 6.0 to 6.9 percent of net revenue: 14 percent
26. More than 7 percent of net revenue: 10 percent

More articles on surgery centers:

6 questions ASC administrators should consider before adding a new procedure

The ASC industry today and new trends taking hold: 3 industry leaders share insights

5 findings about lumbar spine surgery in ASCs: Does a new pedicle screw measure up?

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Webinars

Featured Whitepapers

Featured Podcast