Unit 2 Flashcards
1
Q
- Daily operational expenses
- Salaries
- benefits
- continuing education
- utilities
- phone
- supplies (tape, electrodes, gel, gloves, etc)
- linens and housekeeping
- equipment and building
- maintenance
A
Operating Expense Budget
2
Q
- Related to the purchase of an expensive item
- Usually costs over $300
A
Capital Expense Budget
3
Q
- Money owed to the company
- Example: Money to be received by Medicare for PT services provided to Medicare patients
A
Accounts Receivable Budget
4
Q
- Debts: Money owed to a creditor that provides services or equipment
- Regular equipment inspection or services, loans for building or equipment purchases
A
Accounts Payable Budget
5
Q
- services that are not fixed and can vary
- utilities
A
variable costs
6
Q
- fixed regardless of changes in patient volume
- rent
A
fixed costs
7
Q
Monitoring quality of PT services
Monitoring the appropriateness of patient care
Resolving any identified problems regarding quality of service and patient care
A
Quality Assurance
8
Q
ways to implement QA in clinics
A
evaluates;
- necessity
- quality
- effectiveness
- efficiency
