Here are 24 statistics on surgery center operating expenses as a percentage of net revenue based on the number of operating rooms, according to VMG Health's 2011 ASC Intellimarker Survey.
One to two ORs:
• Employee salary and wages: 22.4 percent
• Taxes and benefits: 4.3 percent
• Occupancy costs: 7.7 percent
• Medical and surgical: 19.4 percent
• Other medical costs: 0.8 percent
• Insurance: 0.7 percent
• General and administrative: 22.8 percent
• Total operating expenses: 66.5 percent
Three to four ORs:
• Employee salary and wages: 22.3 percent
• Taxes and benefits: 5.0 percent
• Occupancy costs: 6.8 percent
• Medical and surgical: 21.3 percent
• Other medical costs: 1.0 percent
• Insurance: 0.7 percent
• General and administrative: 21.9 percent
• Total operating expenses: 76.6 percent
More than four ORs:
• Employee salary and wages: 22.0 percent
• Taxes and benefits: 5.2 percent
• Occupancy costs: 6.2 percent
• Medical and surgical: 22.0 percent
• Other medical costs: 0.9 percent
• Insurance: 0.6 percent
• General and administrative: 18.9 percent
• Total operating expenses: 71.4 percent
More Articles on Transactions and Valuation Issues:
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One to two ORs:
• Employee salary and wages: 22.4 percent
• Taxes and benefits: 4.3 percent
• Occupancy costs: 7.7 percent
• Medical and surgical: 19.4 percent
• Other medical costs: 0.8 percent
• Insurance: 0.7 percent
• General and administrative: 22.8 percent
• Total operating expenses: 66.5 percent
Three to four ORs:
• Employee salary and wages: 22.3 percent
• Taxes and benefits: 5.0 percent
• Occupancy costs: 6.8 percent
• Medical and surgical: 21.3 percent
• Other medical costs: 1.0 percent
• Insurance: 0.7 percent
• General and administrative: 21.9 percent
• Total operating expenses: 76.6 percent
More than four ORs:
• Employee salary and wages: 22.0 percent
• Taxes and benefits: 5.2 percent
• Occupancy costs: 6.2 percent
• Medical and surgical: 22.0 percent
• Other medical costs: 0.9 percent
• Insurance: 0.6 percent
• General and administrative: 18.9 percent
• Total operating expenses: 71.4 percent
More Articles on Transactions and Valuation Issues:
9 Statistics on Surgery Center Assets by Number of ORs
10 Hospitals & Health Systems Recently Opening & Planning Surgery Centers
33 Statistics on Surgery Case Mix by ASC Volume