Here are five notes on accounts receivable at orthopedics-driven ambulatory surgery centers, according to VMG's latest Intellimaker ASC study.
1. Gross A/R: $1,081
2. Net A/R: $943
3. Net A/R turnover: 10.48
4. Net A/R days outstanding: 36
5. A/R aging:
• 0 to 30 days — 53.2 percent
• 31 to 60 days — 17.5 percent
• 61 to 90 days — 8.6 percent
• 91 to 120 days — 5.7 percent
• Over 120 days — 15 percent