Here are 20 statistics on ASC patient revenues and operating expenses, according to VMG Health’s Multi-Specialty ASC Intellimarker 2011. All numbers are averages.
Patient Revenues
Gross charges: $29,979,000
Adjustments: $10,288,000
Net revenue: $7,736,000
Operating Expenses
Employee salary and wages: $1,552,000
Taxes and benefits: $359,000
Occupancy costs: $477,000
Medical and surgical: $1,530,000
Other medical costs: $111,000
Insurance: $53,000
Depreciation and amortization: $349,000
General & Administrative
Bad debt: $162,000
Management fees: $360,000
Other general and administrative: $662,000
Total general and administrative: $1,123,000
Total operating expenses: $5,222,000
Operating Income: $2,165,000
Other income: $86,000
Net interest expense: $110,000
Earnings before taxes: $2,052,000
EBITDA: $2,513,000
Learn more about VMG Health.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.