Here are 40 benchmarks about orthopedics in surgery centers. The first four data points are taken from SDI's Outpatient Surgery Center Profiling Solution, while the rest of the data is taken from VMG Health's Multi-Specialty ASC Intellimarker 2010.
Frequency of Orthopedics in Surgery Centers
Percentage of single-specialty ASCs driven by orthopedics: 5 percent
Percentage of centers performing orthopedics: 21 percent
Average number of annual orthopedic procedures: 1,236
Average percentage volume of orthopedics at all centers: 9 percent
Balance Sheet
Net revenue: $7,948,000
Total operating expenses: $5,169,000
EBITDA: $2,779,000
Working capital: $1,460,000
Total assets: $3,632,000
Accounts Receivable
A/R net turnover: 8.54 days
A/R net days outstanding: 48 days
Gross accounts receivable: $1,290,000
Net accounts receivable: $820,000
Case Volume and Revenue
Total cases per year: 3,484
Cases per day: 13.9
Surgical cases per operating room yearly: 787
Surgical cases per operating room daily: 3.1
Non-surgical cases per procedure room yearly: 627
Non-surgical cases per procedure room daily: 2.5
Percentage of cases performed by top 2 physicians: 34 percent
Orthopedics revenue per case: $2,747
Payor Mix
Medicare: 17 percent
Medicaid: 3 percent
Commercial: 67 percent
Workers' Comp: 12 percent
Self Pay: 1 percent
Other: 7 percent
Staffing
Number of nurse FTEs: 12.8
Number of tech FTEs: 5.9
Number of administrative FTEs: 8.1
Number of administrators: 1.0
Total FTEs: 24.4
Nurse hourly salary: $33.60
Tech hourly salary: $21.77
Administrative staff hourly salary: $23.78
Administrator salary: $101,213
Nurse hours per case: 7.6
Tech hours per case: 3.4
Administrative hours per case: 4.8
Administrator hours per case: 0.8
Source, 1-4: SDI's Outpatient Surgery Center Profiling Solution. To learn more about SDI go to www.sdihealth.com or contact Scott Bogart at (215) 347-6927 or sbogart@sdihealth.com .
Related Articles on Surgery Center Benchmarking:
Clinical Statistics Surgery Centers Should Look at Every Month
25 Statistics on Surgery Center Growth
Top 10 States With More ASCs Than Hospitals
Frequency of Orthopedics in Surgery Centers
Percentage of single-specialty ASCs driven by orthopedics: 5 percent
Percentage of centers performing orthopedics: 21 percent
Average number of annual orthopedic procedures: 1,236
Average percentage volume of orthopedics at all centers: 9 percent
Balance Sheet
Net revenue: $7,948,000
Total operating expenses: $5,169,000
EBITDA: $2,779,000
Working capital: $1,460,000
Total assets: $3,632,000
Accounts Receivable
A/R net turnover: 8.54 days
A/R net days outstanding: 48 days
Gross accounts receivable: $1,290,000
Net accounts receivable: $820,000
Case Volume and Revenue
Total cases per year: 3,484
Cases per day: 13.9
Surgical cases per operating room yearly: 787
Surgical cases per operating room daily: 3.1
Non-surgical cases per procedure room yearly: 627
Non-surgical cases per procedure room daily: 2.5
Percentage of cases performed by top 2 physicians: 34 percent
Orthopedics revenue per case: $2,747
Payor Mix
Medicare: 17 percent
Medicaid: 3 percent
Commercial: 67 percent
Workers' Comp: 12 percent
Self Pay: 1 percent
Other: 7 percent
Staffing
Number of nurse FTEs: 12.8
Number of tech FTEs: 5.9
Number of administrative FTEs: 8.1
Number of administrators: 1.0
Total FTEs: 24.4
Nurse hourly salary: $33.60
Tech hourly salary: $21.77
Administrative staff hourly salary: $23.78
Administrator salary: $101,213
Nurse hours per case: 7.6
Tech hours per case: 3.4
Administrative hours per case: 4.8
Administrator hours per case: 0.8
Source, 1-4: SDI's Outpatient Surgery Center Profiling Solution. To learn more about SDI go to www.sdihealth.com or contact Scott Bogart at (215) 347-6927 or sbogart@sdihealth.com .
Related Articles on Surgery Center Benchmarking:
Clinical Statistics Surgery Centers Should Look at Every Month
25 Statistics on Surgery Center Growth
Top 10 States With More ASCs Than Hospitals