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1. Annualizing Expenses: You are the manager of operative services. You have spent the following amounts so far this year, and it is the end
1. Annualizing Expenses: You are the manager of operative services. You have spent the following amounts so far this year, and it is the end of October. What do you think your annual expenses will be in each category? Telephone Housekeeping Medical Waste Sterile Procedures Nursing Staff 2,366 18,522 4,523 25,320 120,000 2. A new physician service office is being planned which will be open during normal operating hours and offer extended care. Total operating hours will be 18 hours a day, 5 days a week and six hours on Saturdays. If you need to staff the check-in station at all times the office is operating, how many FTEs will be needed? Each year, an FTE is paid for 10 days of vacation, five days of sick leave and 2 education days. You do not need to account for lunches or break times for this exercise. Total hours per employee 2,080 hours annually (productive and unproductive time). a 3. In September, the director of Henson Hospital rewarded each of the four administrative assistants a 6% raise, effective October 1. Unfortunately, unexpected budget problems led to postponing the raises until February. Two of the assistants currently make $36,000 per year and the two other assistants make $28,000 per year. What is the financial impact of the postponement, considering they must be paid retroactively for the increase? 1. Annualizing Expenses: You are the manager of operative services. You have spent the following amounts so far this year, and it is the end of October. What do you think your annual expenses will be in each category? Telephone Housekeeping Medical Waste Sterile Procedures Nursing Staff 2,366 18,522 4,523 25,320 120,000 2. A new physician service office is being planned which will be open during normal operating hours and offer extended care. Total operating hours will be 18 hours a day, 5 days a week and six hours on Saturdays. If you need to staff the check-in station at all times the office is operating, how many FTEs will be needed? Each year, an FTE is paid for 10 days of vacation, five days of sick leave and 2 education days. You do not need to account for lunches or break times for this exercise. Total hours per employee 2,080 hours annually (productive and unproductive time). a 3. In September, the director of Henson Hospital rewarded each of the four administrative assistants a 6% raise, effective October 1. Unfortunately, unexpected budget problems led to postponing the raises until February. Two of the assistants currently make $36,000 per year and the two other assistants make $28,000 per year. What is the financial impact of the postponement, considering they must be paid retroactively for the increase
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