Exam 3 (wk 9-12) Flashcards
ch 60, 61, 62, 74, 51, 52, 58, 47, 55
factors that impact fieldwork education- internal
client
department
staffing
organization/payers
factors that impact fieldwork education- external
academic institution
students
vision 2025
client (fieldwork)
accepting students can impact their health and safety
privacy is key
department (fieldwork)
physical space and resources must be considered
traditional or nontraditional?
staffing (fieldwork)
sufficient supervision for students
staff willingness to supervise
organization/payers (fieldwork)
how well a department can handle the stress of adding a student
increasing productivity may leave less time to supervise a student
services may not be reimbursed under a student
academic institution (fieldwork)
accreditation
aligning values
students (fieldwork)
meeting competencies
adequate knowledge
challenges managers face with fieldwork education students
avoiding staffing conflicts
balancing productivity with supervision
internal stakeholders of fieldwork
employer/organization
department
staff
care recipents
external stakeholders of fieldwork
third-party payers
academic institutions
students
profession
accreditation
process by which an institution or educational organization seeks to demonstrate that is complies with generally accepted standards
purpose of accreditation
to recognize health are organizations, educational institutions, and professional programs associated with those for a level of performance, integrity, and high quality
regulation
law or rule prescribed by authority to regulate conduct
the joint commission
non-profit organization that accredits and certifies healthcare organizations and programs in the United States and other countries
process of TJC accreditation
surveys
types of organizations that TJC accredits
hospitals and other healthcare organizations
survey
site visits
under what conditions is an organization found to be “compliant” with TJC standards?
when all or most of the applicable standards are met to this satisfaction of the site visitation team
how do organizations prepare for a survey?
Begin 16 months before a visit
review standards, scoring guidelines, and perspectives newsletter
examine current processes, policies, and procedures
National Patient Safety Goals (NPSGs)
highlight areas considered to problematic in healthvare and provide evidence and expert based solutions to typical problems
current NPSGs
surgical errors
drug side effects and medication compliance
CARF
Commission on Accreditation of Rehabilitation Facilities
non-profit organization that accredits health and human services providers
CARF process of accreditation
- orgnaization contacts CARF
- organization conducts self-eval
- organization implements CARF standards for 6 month
- requests application for survey
- CARF sends bill
- CARF selects survey team
- survey is conducted
- CARF evaluates findings
- accrediation awared
- improvement plan for ongoing support
types of organizations that CARF accredits
all rehabilitation facilities
CARF performance indicators
qualitative expressions used to point to program quality within the area of concern
ex: if the area of concern is the clients living situation then the ___ may be the degree to which the consumer experiences increased independence in their environment
strategic planning
process that leads organizations to clarify their mission and goals, set priorities, and make decisions
financial planning
examining an organization’s financial position and determining how best to achieve its objectives
financial plan
document that helps you achieve your financial goals by evaluating your current financial situation, setting goals, and creating a strategy to reach them
budget
An itemized summary of estimated or planned expenditures for a period of time along
with proposals for financing them
cost containment
Managers identify and reduce expenses to increase profit
proforma
a hypothetical balance sheet and income statement based on a set of assumptions….assists managers in determining the program’s staffing and supply needs.
accounts payable
money you owe, funds going out, expenses: bills, loans
accounts recieveable
money coming in, income
cash flow
the movement of income and
expenses over a given time frame
Sustain the “life” of an organization
capital expenditures
an expenditure made for an asset with a
the useful life of more than 1 year increases
the value of or extends the asset’s useful life
generally costs more than $2500
fixed expenses
costs that remain relatively constant from month to
month
costs that do not change with volume
May vary slightly but is predictable
examples: Rent, taxes, insurance rates
variable expenses
costs that change relative to volume of business
vary directly with output (i.e., productivity)
when output increases, variable costs increase
(e.g., raw materials, electricity)
must be monitored closely as they can affect cash
flow
examples: clinical and office supplies
fiscal year
Government runs July 1st – June 30th
revenue
total amount of income generated by the sale of goods and services related to the primary operations of the business
total costs
sum of all costs involved in producing a product or service, including both fixed and variable costs
profit
total income-total costs
capital equipment
a tangible, non-expendable asset that has a useful life of more than one year and a cost of at least $5,000
income statements
reports reveune, expenses, and net income over a period of time
quota
proportional part or share, quantity
FTEs
number of employees on a full-time schedule + number of employees on a part-time schedule converted to a full-time basis
(2080 hours)
breakeven point
that point in time when
revenue = total expenses. After this point, the
company starts to profit
revenue projections
estimate of income based on projected sales
start-up costs
the one-time costs associated with opening your doors for business