budget-sec3A_2

budget-sec3A_2 - Making the Calculations: Volume and...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Making the Calculations: Volume and Revenue: William J. Ward, Jr., MBA 1 Making the Calculations: Volume and Revenue William J. Ward, Jr., MBA Johns Hopkins University 2 Operating Budget: Approaching It; Making Calculations Service volume Revenues Expenses Making the Calculations: Volume and Revenue: William J. Ward, Jr., MBA 2 3 Crunching the Numbers Systematized approach Paper worksheets Computer spreadsheets 4 Some Points to Keep in Mind Orderly progression Short-cuts have risks Audit trail Details . . . details . . . details Matrix approach Making the Calculations: Volume and Revenue: William J. Ward, Jr., MBA 3 5 Converting Data to Information 6 Converting Data to Information FTEs Rates Salaries Salary Budget Making the Calculations: Volume and Revenue: William J. Ward, Jr., MBA 4 7 A Quick Refresher Admissions x ALOS = Patient Days Patient Days / Admissions = ALOS Patient Days / Discharges = ALOS Calendar Days x ADC = Patient Days Patient Days / Calendar Days = ADC ALOS = Average Length of Stay...
View Full Document

This note was uploaded on 01/25/2012 for the course PH 551.603 taught by Professor / during the Spring '12 term at Johns Hopkins.

Page1 / 11

budget-sec3A_2 - Making the Calculations: Volume and...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online