Regent Revenue Cycle Management (RCM) Vice President Michael Orseno recently hosted a series of videos examining nine benchmarks he and his team utilize to determine the health of an ambulatory surgery center’s (ASC’s) revenue cycle. The second of these industry-specific benchmarks is the ideal percentage of accounts receivable (A/R) over 90 days.
The Regent RCM gold standard is 12 percent, however, the range can be a low of eight percent to a high of 15 percent, depending on payer and case mix.
Watch the video to learn what it means if your ASC has either a very low or high percentage of A/R over 90 days and the importance of keeping this key benchmark within a specific range to ensure the health of an ASC’s revenue cycle.
Ready to put ASC revenue cycle benchmarks to work for your center? Watch our three-part ASC revenue cycle benchmarking webinar series that teaches participants how to customize, deploy, and measure nine metrics to gauge their center’s financial health.