Here are 20 statistics on ambulatory surgery center income statements for centers with fewer than 3,000 cases per year, according to the VMG Health Multi-Specialty Intellimarker.
1. Gross charges: $13.6 million
2. Adjustments: -$9.3 million
3. Net revenue: $3.6 million
Operating Expenses:
4. Employee salary and wages: $936,000
5. Taxes and benefits: $209,000
6. Occupancy costs: $395,000
7. Medical and surgical: $867,000
8. Other medical costs: $27,000
9. Insurance: $27,000
10. Depreciation and amortization: $262,000
11. General and administrative bad debt: $50,000
12. Management fees: $196,000
13. Other G&A: $622,000
14. Total general and administrative: $930,000
15. Total operating expenses: $5.5 million
Operating Income:
16. Operating income: $1.5 million
17. Other income (expense): $5,000
18. Net interest expense: $50,000
19. Earnings before taxes: $1.4 million
20. EBITDA: $1.8 million