How often do you issue distribution checks?

If you are a physician owned ASC, how often do you issue distribution checks (monthly, quarterly, annually, etc)?

Started by: Donna Smith (Administrator/Director/Manager/Owner/Exec. Officer) at November 12, 2009 (3:05 pm)

Comments and Responses

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Quarterly.

S. Gramm (Administrator/Director/Manager/Owner/Exec. Officer) at November 17, 2009 (3:18 pm)

Semi-annually with a hold back to ensure that we do not run short of money and then have to use our Line of Credit.

S. Katz (Administrator/Director/Manager/Owner/Exec. Officer) at December 1, 2009 (10:35 am)

Quarterly- to coincide with quarterly tax dates.

M. Auld (Administrator/Director/Manager/Owner/Exec. Officer) at December 7, 2009 (9:00 pm)

Quarterly distribution when recommended at our quarterly Board meetings. We too have a minimum cash reserve.

L. Nace (Other) at December 15, 2009 (3:25 pm)

Quarterly, when the cash reserve formula is exceeded.

M. Halicki (Administrator/Director/Manager/Owner/Exec. Officer) at February 24, 2010 (11:10 am)

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