Here are 53 benchmarks to know on ASC finances from VMG Health.
VMG Health's Multi-Specialty ASC Intellimarker 2018 offering insights into 275-plus ASCs around the U.S. with a combined case volume of more than 1.3 million. Here are statistics on ASC balance sheets.
Cash & equivalents
1. Mean: $992
2. 25th percentile: $385
3.Median: $707
4.75th percentile: $1,225
5. 90th percentile: $2,169
Net accounts receivable
6. Mean: $1,049
7. 25th percentile: $535
8. Median: $848
9. 75th percentile: $1,234
10. 90th percentile: $1,976
Other current assets
11. Mean: $375
12. 25th percentile: $182
13. Median: $295
14. 75th percentile: $515
15. 90th percentile: $739
Total current assets
16. Mean: $2,222
17. 25th percentile: $1,081
18. Median: $1,778
19. 75th percentile: $2,874
20. 90th percentile: $4,153
Gross PP&E
21. Mean: $5,516
22. 25th percentile: $3,273
23. Median: $4,576
24. 75th percentile: $7,179
25. 90th percentile: $9,755
Accumulated depreciation
26. Mean: $-3,833
27. 25th percentile: $-2,219
28. Median: -3,388
29. 75th percentile: -$4,977
30. 90th percentile: -6,581
Net fixed assets
31. Mean: $1,718
32. 25th percentile: $627
33. Median: $1,044
34. 75th percentile: $1,978
35. 90th percentile: $3,779
Total assets
36. Mean: $3,932
37. 25th percentile: $2,072
38. Median: $3,113
39. 75th percentile: $4,752
40. 90th percentile: $7,717
VMG Health's 2018 Multi-Specialty ASC Benchmarking Study broke down working capital as percentage of net revenue for ASCs by region. Here are the key statistics to know:
41. Atlantic: 13.8 percent
42. Midwest: 15.1 percent
43. Mountain: 13.9 percent
44. Northeast: 17.5 percent
45. Pacific: 14.5 percent
46. South: 12.8 percent
Here are VMG's regional statistics on median net revenue per general surgery case:
47. All facilities: $2,191
48. Atlantic: $1,730
49. Midwest: $1,837
50. Mountain: $2,205
51. Northeast: $1,584
52. Pacific: $2,674
53. South: $2,631