HCAD 375 Exam 2 Questions & Answers 2024/2025
Failing to ______ can sink a health care organization - ANSWERSControl Costs
Fixed costs ____ as the census changes - ANSWERSDo not Change
What types of cost should raw food costs be? - ANSWERSVariable costs
Costs that accuire over a speci...
Failing to ______ can sink a health care organization - ANSWERSControl Costs
Fixed costs ____ as the census changes - ANSWERSDo not Change
What types of cost should raw food costs be? - ANSWERSVariable costs
Costs that accuire over a specific span of time are called - ANSWERSPeriod costs
What is one of the most common ways to examine labor costs and staffing? - ANSWERSLook at the
number of labor hours that you need each day and the productivity of your staff
What does FTE stand for - ANSWERSFull time equivalent
2 Reasons to avoid nursing agencies - ANSWERS1. Agencies are expensive
2. Employees from agency are not as vested in your company, which affects quality of care
What might a high rate of absenteeism indicate - ANSWERSPoor psychological and social health of the
labor force
What are some of the direct financial costs associated with turnover - ANSWERS1. Training Costs
2. Recruitment Costs
3. Overtime to fill in staffing shortages
, What are the differences between fixed vs variable costs? What makes a cost variable. Give examples of
each - ANSWERSDifference is that fixed costs do not vary/change while variable costs change based on
different variables.
Fixed- salary
variable- supplied, acuity levels make this variable
Give an example of a step-fixed cost - ANSWERSStaffing and raw food
Approximately what percentage of an average budget is spent on staffing in long term care -
ANSWERS60-70%
What does it mean if CNAs are working short? What are potential consequences of this - ANSWERSThis
means that they do not have enough staff to cover the needs of residents. This can result in lower quality
of care that is delivered
What are minimum staffing requirements in Wisconsin for nursing in SNFs? Federal minimums? -
ANSWERSWisconsin- 2.5 PPD Nursing hours (20% RN/LPN)
Federal- no minimums
What does a patient day mean? How are nursing hours PPD calculated? How is a cost PPD calculated? -
ANSWERSPatient Day- How many patients you take care of in a 24 hours time frame
Nursing Hrs PPD- Get daily census, multiply number of staff by 8 hour shifts, dived by census, get answer
Cost PPD- Av. census, multiply by 30 days in month, dived cost for month by monthly PPD
What are some typical nursing PPD benchmarks in the Chippewa Valley? - ANSWERSNon Profit- 3.55 PPD
(Inclusive)
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