Asset Mgmt Flashcards
(233 cards)
After personnel costs, the largest expense for hospitals are _____ _____, which can represent _____ of expenses for hospitals.
supply costs; 25-30%
Chapter 12, p 211
Product selection should focus on looking for and _____ _____ and vendors that provide the greatest user productivity and best patient outcomes at the lowest possible price.
standardizing products
Chapter 12, p 212
GPO
Group purchasing organizations; negotiate group purchase contracts on behalf of multiple hospitals and health systems.
Chapter 12, p 213, 226
_____ _____ is uncontrolled spending outside negotiated contracts.
Maverick purchasing
Chapter 12, p 214
This practice occurs when vendors provide off-contract supply items directly to physicians at patient care settings and invoice the hospital at list price.
Back door selling.
Chapter 12, p 215
Predetermined level
Par level
Chapter 12, p 216
MMIS
management information system
ERP
enterprise resource planning system
_____ _____, a type of agreement used to reduce costs for supplies specifically for high-ticket items, will only be paid for by the healthcare facility when they are used. The items are owned by the supplier but located at the facility.
Consignment agreement
Chapter 12, p 219
For most products in the US, expiration dates range from ____ to ____ months from the time of original manufacture.
12 to 60 months
Chapter 12, p 221
PM
Preventive maintenance and repair
Chapter 10, p 163
OEM
original equipment manufacture
Chapter 10, p 163
ASP
Authorized Service Provider
Chapter 10, p 163
Life cycle costing, aka _____, is a procurement evaluation technique which determines the total cost of acquisition, operation, maintenance and disposal of items being acquired.
terotechnology
Chapter 10, p 164
Service cleaning, checking, adjusting, or making repairs to a piece of machinery to ensure that it works properly.
Service contract
Chapter 10, p 164
4 characteristics of a contract
- Agreement
- Consideration
- Legality
- Capacity
Chapter 10, p 165
BER
Beyond Economic Repair; repair cost would be equal to or greater than the replacement cost of the device
Chapter 10, p 165
BQR
Beyond Quality Repair; repair may be unreliable or unsafe for the end user
Chapter 10, p 165
ELF
Early Life Failure; a product found to be defective within a period defined by the manufacturer after purchase or initial installation.
Chapter 10
Up time Formula
Up time = (Base Time - Downtime) / Base Time
Base Time = Hours per day x hours per week x 52
Downtime = hours equipment is inoperable
Chapter 10
A program for the systematic monitoring and evaluation of the various aspects of a project, service, or facility to ensure that standards of quality are being met.
Quality Assurance
Chapter 11, p 183
An aggregate of activities (as design analysis and inspection for defects) designed to ensure adequate quality especially in manufactured products.
Quality Control
Chapter 11, p 183
Most imaging facilities aim for ____ (or less) downtime.
1-2%
Chapter 11, p 192
This modality is regulated by the NRC and individual state health departments.
Nuclear Medicine
Chapter 11, p 193