Hcad 375 exam 2 - Study guides, Class notes & Summaries

HCAD 375 Final Questions and Answers 2024 3 managerial viewpoints and how that influences $ management Financial: work with finance on a daily basis, responsible for the reporting function Process: work with the system of the organization, responsible for data accumulation Clinical: usually work with and interact directly with patients, responsible for service delivery also responsible for clinical outcomes Proprietary vs not-for-profit -pay all taxes -corporations, partnerships, or...

HCAD 375 Final Exam 2023-2024 Questions and Answers with complete solution 1. Planning delineates both _________________ & __________________ paths a business will follow and what _____________________ it will utilize to achieve its goal. short term, long term, procedures A budget states your goals in ________________ terms monetary Rather than budgeting dollars, a staffing and census budget typically budgets _______________ PPD. acuity What are the 2 major components of an operating bu...

HCAD 375 Final Exam 2023-2024 Questions and Answers with complete solution 1. Planning delineates both _________________ & __________________ paths a business will follow and what _____________________ it will utilize to achieve its goal. short term, long term, procedures A budget states your goals in ________________ terms monetary Rather than budgeting dollars, a staffing and census budget typically budgets _______________ PPD. acuity What are the 2 major components of an operating bu...

HCAD 375 Final Exam 2023-2024 Questions and Answers with complete solution 1. Planning delineates both _________________ & __________________ paths a business will follow and what _____________________ it will utilize to achieve its goal. short term, long term, procedures A budget states your goals in ________________ terms monetary Rather than budgeting dollars, a staffing and census budget typically budgets _______________ PPD. acuity What are the 2 major components of an operating bu...

Failing to do what can sink a healthcare organization? Control costs Fixed costs do what as the census changes? Do not change What type of cost should raw food costs be? Variable cost costs that accrue over a specific span of time are called Period costs what is one of the most common ways to examine labor costs and staffing HPPD formula= Hour per patient day what does FTE stand for? Full time equivalent of 1 employees productive and non-productive time u...

Failing to do what can sink a healthcare organization? Control costs Fixed costs do what as the census changes? Do not change 00:46 01:25 What type of cost should raw food costs be? Variable cost costs that accrue over a specific span of time are called Period costs what is one of the most common ways to examine labor costs and staffing HPPD formula= Hour per patient day what does FTE stand for? Full time equivalent of 1 employees productive and...