FASA releases new benchmarking data
FASA releases new benchmarking data
According to a survey of ambulatory surgery centers’ (ASCs’) financial data, the mean annual profit margin for the 179 ASCs that responded was 28.1%, according to the Federated Ambulatory Surgery Association (FASA), which conducted the survey. (See chart, below.)
The data are listed from the lowest profit margins (in the bottom 25% of survey respondents), to low (between 26% and 50% of respondents), to high (between 51% and 75% of survey respondents) to highest profit margins (above 75% of survey respondents). "Based upon the other answers to questions, we believe all of these [respondents] are among the most profitable ASCs," says Kathy Bryant, FASA executive vice president.
[Editor’s note: The 2004 FASA Financial Bench-marking Survey is available for $395, including shipping, for FASA members, and $495, including shipping, for nonmembers. To order, contact FASA. Phone: (703) 836-8808. Web: www.fasa.org.]
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