2019 NUMBERS
FINANCE STUFF
2020 GOALS
RANDOM
AREAS OF OPPORTUNITY

100

$1,644,638

What are the OT Factor Dollars spent YTD in 2019?

100

Under $100,000

What is our AR Pending Goal?

100

Three Thousand Six Hundred Per Day

What is our 2020 overall census budget?

100

Has been a CNA, MDS, DON, LNHA, Transition Call Lead in his/her career?

Who is Mike Smith?

100

Facility focus group meeting (including all key team members) to review all patients as well as monitor their LCD and Discharge Plan. 

This info must then be relayed to the tracking team to ensure we are tracked with a payer source for entire stay. 

What is the SNF UR Meeting?

200

$273 PPD

What is Marquis Median Expense PPD?

Crest Pointe 235.3 

Willow Springs 236.5 

Coral Harbor 245.8 

Spring Grove 246.5 

Orchard Hill 250.8 

River Terrace 251.9 

Brentwood 254.7 

Oakland 255.4 

Blueberry Hill 259.0 

Meadow Park 261.4 

Collingswood 262.1 

Cedar View 267.6 

Laurel Brook 267.9 

Westgate Hills 270.1 

Providence 279.8 

Elmhurst 283.3 

Chestnut Woods 289.1 

Mont Marie 295.8 

New Eastwood 297.7 

Webster Park 300.3 

North End 314.9 

Briarwood 315.2 

Kearsley 352.8

200

New Medicare Payment Model where resident classifications and anticipated resource needs are scored during the course of a resident's stay.

What is PDPM?

200

650 Days and 19.2%

What is our 2020 Medicare Census Budget?

200

Too many email responses.

How many responses are replied to ALL on the welcome emails??!!!

200

Budget allotment given to various departments for budgeted monthly spend. All expenditures should be maintained on a log and then reviewed by facility admin to ensure dept is not overspending.

What is Marquis Spend Down Tool?

300

 43% of Operating Expenses

What % of all operating cost is Reg+OT Labor Wages?

300

Medicare

Private

Managed Care

What are the "quality" payers?

300

4% 

What is our OT Goal for 2020?

300

Form completed by facility Admissions/BOM verifying patients payer source including days used/backup as needed.

What is Payer Verification Form?

300

Medicaid Pending

Private Pay 

Very Few Medicare Days available and patient to stay LT

When is Admissions required to submit a Marquis Financial Checklist prior to admitting a patient?

400

310k payroll dollars on non Regular/OT wages.

What is the Q3-19 spending on nursing bonuses?

400

Required by Lender to hit this ratio that ensures the center is earning adequate profits to cover their debt service

What is Debt Service Coverage Ratio?

400

This measure tracks the total number of direct nursing care hours compared to the number of patients in the SNF. 

As a company, we budget our CNA staff using this measure and therefore, as census fluctuates, the CNA hours should be managed accordingly.

What is HPPD?

400

You may need to drive another 2 hours, but we did save $20 on the flight! 

Who is Steve Ginsberg?

400

Report that goes out mid month capturing all data from census and labor, including avg rates and dollars for lines that are hard to calculate until close. This report should be reviewed by our key facility and regional folk to see where we are standing and what we can do to improve and hit our budget numbers.

What is our Projected P&L for?

500

10 out of 25 centers hit / surpassed this goal to date

How many centers hit or beat their 2019 to date NOI Budget?

Collingswood, Kearsley Laurel Brook, Meadow Park, New Eastwood, Oakland, Orchard Hill, Providence, The Jewish Home, Westgate Hills

Total of 2.2MM over budget!!!

500

NTA days 1-3

What is weighted at 300%?

500

Type of costs that our executive staff can work to curb by understanding what dollars are in the expense line and how, with better management, oversight or shrewd acumen, the cost lines can be mitigated.

What is a variable and controllable cost line?

500

Completion Date in 2025

When will the next SNF Metrics request be completed?

500

The opportunity to properly code the clinical needs of each individual Medicaid patient for reimbursement related to the care we are giving?

What is Medicaid CMI / MMQ based payment systems?