Uine signature Pay Case-mix index 9. Fiscal year 10. Operational budget eturn on

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Uine signature Pay Case-mix index 9. Fiscal year 10. Operational budget eturn on investment pter9 Review the following exercises must determine the number of FTEs needed to code 600 dingek If it takes an average of 20 minutes to code each record and l Ascharges perofessional works 7.5 productive hours per day, how many FTEs will the it discharges per week. coding p akimtsupervisor need? Round to one decimal place. ment at Community Hospital will experience a 15 percent increase in es coded per day as the result of opening an orthopedic clinic in ecility. The 15 percent increase is projected to be 50 additional records per day. The sandard time to code this type of record is 15 minutes. Compute the number of FTEs Commu 2. The HIM department the number of discharges sanied to hande this increased volume in coding based on a seven-hour productive day. Round to one digit after the decimal. . The HIM coding supervisor agrees to pay a new graduate $15.00 per hour. This is a full ime coding position at 2,080 hours per year. The cost for a full-time employee's fringe benefits is 25 percent of the employee's salary. How much must the supervisor budget for the employee's salary and fringe benefits? same supervisor in the scenario above agreed to increase the salary of the employee to $16.00 per hour once she passed her RHIT exam. Three months after g her employment, the employee passed her RHIT exam. What will the new nnin budget be for salary and fringe benefits? query physicians in your coding area cost $50.00 per 250 forms for ist 500 and $40 for every 100 thereafter. If you need to order 850 forms, what is 5. The form s used to the total cost to be budgeted? currently lease scanning equipment at a cost of $2,750 per quarter and two copy ch per month plus $0.01 per page copied. You estimate you will machi copy a total of 30,000 pages year this leased equipment? s leased eqinpe a year per copier. What will you need to budget annually

Explanation / Answer

1) 600 discharges to be coded in one week.

20 min to code a record.

so, 600 * 20 = 12000 min needed

Per person, 7.5 hrs per day * 6 days a week * 60 min = 2700 min per person.

So, number of FTEs required to code = 12000/2700 = 4.4 or 5 persons (rounded to next higher number as 4 persons would not complete the task.)

2) Assuming that it is continuation of the first problem, the total extra min needed to code 50 discharges per day

i.e. 50 records per day * 6 days a week * 15 min for each record = 4500 min extra needed from the previous 12000 min. So, the number of FTEs required from the previous one is

12000 + 4500 / (7 hrs/day * 6 days * 60 min) = 16500/2520 = 6.54 or 6.5 FTEs whereas previously it was 4.4 rounded to 5 FTEs. Almost 3 FTEs approx required to handle extra load.

3) Salary per hour = $15.00

Number of hours / year = 2080

So total salary to be paid = 2080 * 15 = $31200

Fringe benefits is 25% of employee's salary i.e. (25/100) * 31200 = $7800

Owner should budget $31200 as salary and $7800 as fringe benefits.

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