Supplement defintions Flashcards
What does an income statement or profit and loss statement tell an investor?
it details income and expenses and how efficiently the NHA is managing the facility
what is the purpose of an anticoagulant medication?
it is a blood thinner used to prevent clots and to reduce clots
what is the main medical condition that would be treated with anti-coagulants?
CVA, TIA, and Strokes
What is a union shop steward?
An employee who works for the company and is a union member who acts as the local untion rep
What is the minimum length of a telephone cord?
29 inches
A current asset or liability must be sold or paid within how many months?
Within 12 months
A non-current asset or liability must be sold or paid with how many months?
within 12 months or more
What is a physiatrists?
A sports doctor who specializes in musuloskeletal injuries and works closely with PT and OT
What are the three budgets we work with?
Operating, cash and capital
What are the two main strategic budgets we work with?
The operating and capital budgets
What is the main benefit of a limited liability partnership or Limited Liability Corporation?
If sued, can only collect against the assets of the partnership or corporation and not individuals
What is the key to an effective emergency management plan ?
Must identify all potential disasters and dangers that may threaten the facility and plan of action to address those threats
what is a deposit of money to ensure the performance of an obligation?
A surety bond or performance bond
who must be on a surety bond?
the residents and the state
What is an ADL?
An ADL is personal care-showering, grooming, eating, dressing, and transferring
what is an instrumental ADL
Housekeeping managing financed by writing checks, going to the doctor appointments, going to the store to buy food, going to the mall
What does hyper mean such as hyperglycemia-hypertentions-hyperactivity?
Hyper means high or elevated
What does hypo mean?
Low
Overhead expense such as depreciation or insurance are classified as what type of expense?
Indirect expenses-cannot be charged to a particular department
Holding employees responsible for acts of their employees is called?
respondent superior
What are 2 other names for respondent superior?
Strict liability and Vicarious liability