Productivity
FTE Type that includes Regular Hours, Education Hours & OT Hours
Productive FTEs
The most exciting week of budget for the Exec Team!
Fiesta Week
Admissions
(Beating Budget or Missing)
9,243 Actual
8,943 Budget
Beating!
FTE
Full Time Equivalent
1 FTE = 80 Hours in a Pay Period
Sends out Daily Dashboard at 11:00 am
Major Close
Used in variable departments to determine how many hours an RVU will earn
Standard or HPPD
This expense makes up over 50% of our total operating expense
Labor (Salaries & Benefits)
EBITDA
(Beating Budget or Missing)
$41.3M Actual
$40.9M Budget
Beating!
YTD
Year to Date
Used to express the time period the data is through when it is not a complete year of data.
1 out of 2 extroverts in the office, this person leads quarterly DOR meetings (with excitement so they don't have to be trapped in the office)
Miles Mitchell
Department that changes earned hours based on volume (Fixed, Hybrid, or Variable)
Variable
Process used to determine volume for specific services (budgeting volumes at the physician level)
Rivers and Streams
Months in a row achieving LWBS budget at SM
9 months
EBITDA
Earnings before Interest, Taxes, Depreciation, and Amortization
A metric used in Finance to determine the operational performance of a business
Accounting Team Member
(Any 1 out of 4)
Sam Resz, Sarah Suddock, Coleman Reed, Andrew Helmer
Daily in Qlikview
This Operating Unit is used for the new Lenexa City Center Campus
2107
Length of Stay
(Beating Budget or Missing)
4.39 Actual
4.10 Budget
Missing :(
GMLOS
Geometric Mean Length of Stay
Stat used to determine what our length of stay should be based on patients DRGs
Juror on the Poppa Willo (KC Rapper) Murder Case
Stephanie Rosentreter
Total Hours of a 1.0 FTE in a 365 day year.
2,085.71
This system is used for budgeting (hint: also use for profitability)
Axiom
Financial Impact of 1% Improvement in Productivity
$140K
CMIAA
Case Mix Index Adjusted Admissions
An acuity and case mix statistic used to determine total hospital visits in a period
This Finance team member began in Marketing but now has traded in color schemes for excel columns
Mairi Pothin Owen