Accounting
Details a center’s outstanding receivables
What is the OREC Report
Total revenue divided by total cases provides this value
What is Net patient revenue
This moniker or report name shows the total costs of items sourced from an HCA warehouse.
What is the DTPD Report
Some of the tasks on this tool are PAR checks, cleanliness of bins, checks for overstock, and accuracy of labels
What is the OR Refresh Maintenance checklist
Most likely to read “Animal Farm” because she lives on one.
Who is Nicole Erb?
When expenses and revenue for the same item are incurred in different months, this is.
What is an out of period expense
Supply expense divided by revenue shows the percentage supply expense consumes of collected revenue
What is Supply Margin
Budget Value/Term represented on supply expense analyzer when pharmacy, office supplies, food, and linen are removed from a center’s total supply expense budget
What is the Revised Budget
These two PAR values define reorder point and prevent excessive ordering
What are the Min and Max
Likes Mountain Dew and Mexican Food
Who is Rachelle Johnson
For an item, these two should be incurred in the same month.
What are expense and revenue
Removing implant spend from total supply expense represents this spend category
What is Commodity spend
A way of saying the days a center operates in a given month
What are Business Days
This requisitioning tool’s use requires a center to be OR Refresh ready/maintained and allows for automated requisitioning, receiving, and inventory counting
What is SMART Mobile
ACOTR Fan
Who is Emily Arnold
When items are received, and their expenses will get paid in a subsequent month.
What is an accrual
Swinney says, “these 2 supply expense metrics when met are of concern to me and need further analysis.”
What are a Margin miss and Commodity supply expense per case > 1.6%
Being behind on bill only, bill and replace PO’s, and/ or receiving can lead to this budgetary effect
What is being under budget
F01-01-A00
What is a PAR Locator
Loves to fish
Who is Robeert Virigilo
A fiscal plan put in place at the beginning of a year that serves as a roadmap to measure/monitor expense
What is a budget?
When Supply expense and net patient revenue are up significantly, this might be an explanation.
What is an acuity shift?
Sam says, “don’t simply provide a list of vendors and their expense increase decrease, give me this.”
What is the cause of increased/decreased spend detailed on the report - Tell the story
Supply area tear down and organized rebuild
What is an OR Refresh Project
Has almost as many children as Sam
Monica Belcher