EMPLOYMENT
PAYMENT
PLANNING
COSTS
GENERAL
100

One or more employees whose hours are total to a full-time workload

What is an FTE?

100

Medicare & Medicaid

What are the two main payer sources at SJRMC?

100

A list of planned income and expenses.

What is a Budget?

100

Salaries and Wages

What is SJRMC largest cost?

100

The organization that supports SJRMC's healing mission

What is San Juan Medical Foundation?

200

Employees that work on a "per diem" or as needed basis

What is PRN?

200

Reimbursement of a set amount regardless of the costs to the organization.

What is a bundled payment or DRG-Related payment?

200

Business costs that are constant whatever the quantity of goods or services produced.

What are fixed costs?

200

Accounting method used to allocate the cost of tangible or physical asset over its useful life.

What is depreciation?

200

National Foundation that recognizes incredible nurses and the care they give

What is the DAISY award?

300

An employee who does not get paid for overtime.

What is an exempt employee?

300

31% or $0.31 for every $1.00

How much SJRMC collects for every dollar billed?

300

Expenses directly related to volumes.

What are variable costs/expenses?

300

Care provided to all patients who meet certain criteria without charge or at amounts less than established rates.

What is Charity Care?

300

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?

400

Time and attendance software at SJRMC

What is Kronos?

400

For FY2022, the total was $348,102,390.

What was total Net Patient Revenue?

400

Total earned before deductions.

What is Gross Revenue?

400

$35M total cost in FY2022, up $24M from prior year.

What is Contract Labor?

400

The financial account for a department within an organization to which costs may be charged for accounting purposes.

What is a cost center?

500

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?


500

The set amount for a hospital admission for charges based on diagnosis.

What is a DRG or Diagnosis Related Group?

500

Measures revenue after the deduction of operating expenses.

What is Operating Margin?

500

6,306,460 pairs in 2022

What is the total number of exam gloves used in 2022?

500

Software where time off requests are made, where I can access my check stubs, and other employee related items.

What is Workday?