VMG Health's 2018 Multi-Specialty ASC Benchmarking Study covered over 81 benchmarks on ASC facilities and operations.
The study is based on data from 2016 and 2017 collected from over 275 centers, encompassing a surgical case volume of over 1.3 million.
The median full-time equivalent numbers broken down by region and position:
Atlantic
1. Nurse: 14
2. Tech: 6
3. Administrative: 9
Midwest
4. Nurse: 14
5. Tech: 5
6. Administrative: 7
Mountain
7. Nurse: 13
8. Tech: 5
9. Administrative: 7
Northeast
10. Nurse: 12
11. Tech: 6
12. Administrative: 7
Pacific
13. Nurse: 12
14. Tech: 6
15. Administrative: 9
South
16. Nurse: 14
17. Tech: 7
18. Administrative: 8
The liquidity analysis for ASCs by region:
Atlantic
19. Cash and equivalents: $564,000
20. Percent of total operating expenses: 9.4 percent
21. Days cash on hand: 34.5
22. Net accounts receivable: $769,000
23. Percent of net operating revenue: 8.6 percent
24. Net working capital: $1,137,000
Midwest
25. Cash and equivalents: $695,000
26. Percent of total operating expenses:9.1 percent
27. Days cash on hand: 33.1
28. Net accounts receivable: $1,084,000
29. Percent of net operating revenue: 110 percent
30. Net working capital: $1,355,000
Mountain
31. Cash and equivalents: $463,000
32. Percent of total operating expenses: 6 percent
33. Days cash on hand: 22.1
34. Net accounts receivable: $761,000
35. Percent of net operating revenue: 8.5 percent
36. Net working capital: $1,141,000
Northeast
37. Cash and equivalents: $672,000
38. Percent of total operating expenses: 10.4 percent
39. Days cash on hand: 38.1
40. Net accounts receivable: $1,118,000
41. Percent of net operating revenue: 13.3 percent
42. Net working capital: $1,368.000
Pacific
43. Cash and equivalents: $758,000
44. Percent of total operating expenses: 9.5 percent
45. Days cash on hand: 34.7
46. Net accounts receivable: $965,000
47. Percent of net operating revenue: 10.2 percent
48. Net working capital: $1,376,000
South
49. Cash and equivalents: $889,000
50. Percent of total operating expenses: 11.7 percent
51. Days cash on hand: 42.8
52. Net accounts receivable: $836,000
53. Percent of net operating revenue: 7.5 percent
54. Net working capital $1,267,000
Working capital as percentage of ASC net revenue by region:
55. Atlantic: 13.8 percent
56. Midwest: 15.1 percent
57. Mountain: 13.9 percent
58. Northeast: 17.5 percent
59. Pacific: 14.5 percent
60. South: 12.8 percent
General and administrative operating expenses as a percent of net revenue:
61. All facilities: 16.6 percent
62. Atlantic: 16.9 percent
63. Midwest: 17.5 percent
64. Mountain: 15.9 percent
65. Northeast: 16.1 percent
66. Pacific: 14.8 percent
67. South: 16.8 percent
General and administrative operating expenses per operating room:
68. All facilities: $362
69. Atlantic: $354
70. Midwest: $379
71. Mountain: $321
72. Northeast: $468
73. Pacific: $417
74. South: $343
General and administrative operating expenses per case:
75. All facilities: $314
76. Atlantic: $283
77. Midwest: $385
78. Mountain: $319
79. Northeast: $305
80. Pacific: $279
81. South: $348