EMPLOYMENT
One or more employees whose hours are total to a full-time workload
What is an FTE?
Medicare & Medicaid
What are the two main payer sources at SJRMC?
A list of planned income and expenses.
What is a Budget?
Salaries and Wages
What is SJRMC largest cost?
The organization that supports SJRMC's healing mission
What is San Juan Medical Foundation?
Employees that work on a "per diem" or as needed basis
What is PRN?
Reimbursement of a set amount regardless of the costs to the organization.
What is a bundled payment or DRG-Related payment?
Business costs that are constant whatever the quantity of goods or services produced.
What are fixed costs?
Accounting method used to allocate the cost of tangible or physical asset over its useful life.
What is depreciation?
National Foundation that recognizes incredible nurses and the care they give
What is the DAISY award?
An employee who does not get paid for overtime.
What is an exempt employee?
31% or $0.31 for every $1.00
How much SJRMC collects for every dollar billed?
Expenses directly related to volumes.
What are variable costs/expenses?
Care provided to all patients who meet certain criteria without charge or at amounts less than established rates.
What is Charity Care?
Experiencing excellence is about knowing everyone we serve, anticipating their needs, and building solutions into our processes and relationships with the same energy and creativity we bring to emergencies. We must act ahead and cause discovery—not just recovery—so that anticipation is always an essential part of our approach. We must learn from everything we do and always strive to make it better the next time.
What is Thoughtful Anticipation?
Time and attendance software at SJRMC
What is Kronos?
For FY2022, the total was $348,102,390.
What was total Net Patient Revenue?
Total earned before deductions.
What is Gross Revenue?
$35M total cost in FY2022, up $24M from prior year.
What is Contract Labor?
The financial account for a department within an organization to which costs may be charged for accounting purposes.
What is a cost center?
Federal law which establishes minimum wage, overtime pay eligibility, recordkeeping and child labor standards affective full and part-time workers
What is the Fair Labor Standards Act?
The set amount for a hospital admission for charges based on diagnosis.
What is a DRG or Diagnosis Related Group?
Measures revenue after the deduction of operating expenses.
What is Operating Margin?
6,306,460 pairs in 2022
What is the total number of exam gloves used in 2022?
Software where time off requests are made, where I can access my check stubs, and other employee related items.
What is Workday?