Here are 25 statistics on average surgery center operating expenses by region, according to VMG Health's 2011 Intellimarker survey.
Employee salary and wages:
West — $1.43 million
Southwest — $1.4 million
Midwest — $1.53 million
Southeast — $1.36 million
Northeast — $1.15 million
Occupancy costs:
West — $341,000
Southwest — $322,000
Midwest — $368,000
Southeast — $340,000
Northeast — $271,000
Medical and surgical expenses:
West — $1.26 million
Southwest — $1.5 million
Midwest — $1.46 million
Southeast — $1.17 million
Northeast — $1.2 million
Operating income:
West — $1.23 million
Southwest — $1.32 million
Midwest — $2.42 million
Southeast — $988,000
Northeast — $1.2 million
EBITDA:
West — $1.43 million
Southwest — $1.65 million
Midwest — $2.69 million
Southeast — $1.2 million
Northeast — $1.42 million
More Articles on Transactions and Valuations:
Dr. Brent Lambert: 7 Qualities That Make ASCs Attractive for Hospitals in Competitive Markets
ASC Joint Venture Strategies: 4 Thoughts From Robert Zasa & Michael Stroup
Newsom Eye & Laser Center Acquires Guggino Eye Center
Employee salary and wages:
West — $1.43 million
Southwest — $1.4 million
Midwest — $1.53 million
Southeast — $1.36 million
Northeast — $1.15 million
Occupancy costs:
West — $341,000
Southwest — $322,000
Midwest — $368,000
Southeast — $340,000
Northeast — $271,000
Medical and surgical expenses:
West — $1.26 million
Southwest — $1.5 million
Midwest — $1.46 million
Southeast — $1.17 million
Northeast — $1.2 million
Operating income:
West — $1.23 million
Southwest — $1.32 million
Midwest — $2.42 million
Southeast — $988,000
Northeast — $1.2 million
EBITDA:
West — $1.43 million
Southwest — $1.65 million
Midwest — $2.69 million
Southeast — $1.2 million
Northeast — $1.42 million
More Articles on Transactions and Valuations:
Dr. Brent Lambert: 7 Qualities That Make ASCs Attractive for Hospitals in Competitive Markets
ASC Joint Venture Strategies: 4 Thoughts From Robert Zasa & Michael Stroup
Newsom Eye & Laser Center Acquires Guggino Eye Center