NHA - Exam Flashcards
The set of records that lists each monetary transaction by date is called the ____.
Books
The ______ mandates how financial records must be maintained.
Accounting System
The first place financial transactions are recorded in date order is/are the _______.
Journals
The ________ is used to record transactions that do not fit into any other journal.
General Journal
When the debits and credits zero out, the accountant prepares the ______
Trial Balance
The ____ summarizes all debits and credits.
General Ledger
If the administrator wants to see the facility’s net worth, he/she would look at the ____.
Balance Sheet
Balance sheets are not _______________.
Prepared by the bookkeeper
To calculate the value of an investor’s investment in a business, you need to look at the ______.
Balance Sheet
The ________ records a transaction when funds are actually received or paid out
Cash accounting system
_______________ assumes the supplies stored the longest will be used first, thereby raising the value of the remaining inventory.
First in - First out
Records revenues and expenses when they are incurred rather than when cash is received or is paid out.
Accrual Accounting
Money invested into the facility.
Capital
Capital=assets - liabilities
Net Worth
Accounting Equation
Assets = L + C
Records transactions that DO NOT PROPERLY FIT INTO ANY OTHER JOURNAL such as A/P Journal, Cash Disbursement Journal, Sales Journal
General Journal
Summary of all debits/credits in journal for a period of time. Consists of individual accounts.
General Ledger
FIRST STEP in accounting cycle
Journalizing
Records the entire financial position of the SNF at one period in time. Summarizes assets, liabilities, and capital.
Balance Sheet
Newer inventory used 1st. Goods remaining in inventory is LOWER than the value of goods already used. INFLATION
LIFO
Older supplies in stock are used first. Value of the goods remaining are HIGHER that goods already used. DEFLATION
FIFO
Resident care costs, payroll taxes, salaries, benefits, med supplies, capital equipment.
Direct Costs
Support service costs, housekeeping, maintenance, interest expense, administration, payroll, utility, depreciation, and tax.
Indirect Costs
Expense and Revenue budget, these both make what budget.
Operating Budget
A wrong or literally means twisted. Exists when plaintiff is harmed as a direct result of breach of duty. Facility fails to provide care to residents causing harm to residents. CIVIL CASE/MONEY DAMAGES
Tort
A person appoints another individual to make decisions on his/her behalf AFTER THE PERSON BECOMES INCOMPETENT.
DPOA
Agreement in which a person (PRINCIPLE) gives another person (ATTORNEY IN FACT) the authority to make decisions on behalf of the principle
POA
legal document that allows a person to appoint a healthcare agent to make treatment decisions in the event he/she becomes incapacitated and unable to make decisions for him/herself.
Healthcare proxy
Agent who acts on behalf of a patient who lacks the capacity to participate in a particular decision
Surrogate Decision Maker
Appointment by a probate court of a substitute decision maker for a person a Jude declares incompetent
Guardianship/Conservatorship
Bequest of a real/personal property effective at the death of the tester
Will
Person who dies with a will
Testate
Person who dies without a will
Intestate
Advanced directive which resident gives instructions on if he/she wants life sustaining equipment to be used.
Living Will
(Meds not given + wrong meds given) / (total # of doses given + doses ordered but not give)
Med Error Rate
Fluid pressure builds up in the eye causing loss of sight.
Glaucoma
Cloudiness of the eye lens
Cataract
Dilates the pupils of the eyes to relieve eye pressure
Mydriatics
Robitussin
Schedule 5 Drugs
Valium, Diazepam
Schedule 4 Drugs
Tylenol w/ Codeine
Schedule 3 Drugs
Must be Separately Locked (Opium, Codeine, Cocaine, Morphine) High Abuse and dependency
Schedule 2 Drugs
Marijuana, Heroine, LSD
Schedule 1 Drugs. Cannot be used in NH
Pain reducers
Analgesic
Warfarin/Heparin
Anticoagulants - blood thinners
Right medication, dose, time, route, patient
5 rights to med administration
Must be monitored every 30 mins, removed every 2 hours for 10 minutes
Restraints
Hygiene, mobility, elimination, dining, communication
5 ADLS
MCR FACILITY: funds in excess of $100 must be deposited in what type of separate account.
Interest Bearing Acct.
MCR Facility: funds less than $100 must be in what account.
Non-interest bearing acct.
MCD Resident: funds in excess of $50. What account?
Interest bearing acct.
MCD Resident: funds less than $50. What account?
Non-interest bearing acct.
To assure the security of personal funds deposited in the RTF account. What insurance is needed?
Surety Bond
Resident trust fund account statements are issue when?
Quarterly and upon request.
14 calendar days after admission, 14 days w/in significant changed, not less than once every 12 months.
Comprehensive Assessments
Facility must maintain all resident assessments how long?
15 months
Must electronically transmit MDS to CMS w/in how many days
14 days
1 Month 5% sig.
3 Month 7.5% sig
6 Month 10% sig.
Significant weight losses
October 1st - March 31st. Annually
Must offer flu shot
Wash 150-160 degrees and final rinse at 180 degrees
High Temp Dishwasher