Module 1 Outcomes 5-9 Flashcards
(144 cards)
The __________ is the main source of revenue for hospitals.
Province/territory
_________ are the leading health expenditure in Canada
Hospitals
Hospitals collect a significant amount of revenue from the private sector through chargeable services, like:
Parking, food services
List problems facing hospitals.
- Cuts to services
- Reductions in hospital beds
- Closures or merging of hospitals
- Rationalization of services
- Insufficient and demoralized staff
- Long wait lists
Improving efficiency by relegating certain types of care to one facility
Rationalization of services
T or F. Hospitals are expected to act like businesses, ending the fiscal year with a balanced budget
True
What type of funding does a hospital get if they receive money to complete a designated number of hip or knee replacements
Service based funding or case mixed approach
Funding pays hospitals in accordance with the number and types of services the facility provides to each patient
Activity based funding
T or F. Every hospital must be accountable for the funds it requests.
True.
The hospital negotiates with the _________ after completing budget, assessing financial needs, and preparing documentation for appropriate funding
Minister of health
When a hospitals reports its financial status as in the black it means
They are posting a surplus
When a hospitals reports its financial status as in the red it means
They are posting a deficit
What are the costliest things for hospitals?
Staff > infrastructure > diagnostic services > therapeutic services
T or F. Medical staff like doctors residents and interns represent the highest hospital costs.
False. Most of them operate individually of the hospital. Floor inpatient doctors bill their provincial plan for services. Salaried positions or contract positions like the chief of a department, hospitalists are exceptions.
Decreasing ______ is an important way to reduce costs and make beds available to those who need them.
Length of stay
Provinces determine the cost of an insured bed to a hospital by estimating the __________ required by the person occupying the bed.
Services
T or f. A long term care bed costs the hospital more than other beds.
False. The person occupying the bed usually requires less care.
T or F. The use of semi-private and private rooms generates income for a hospital.
True.
T or F. The cost of poor health is what Canada has to pay doctors and their services to treat sick people.
F. The cost of illness, injury and premature mortality is staggering to the Canadian economy. Disease prevention, health promotion, early diagnosis and prompt intervention are effective approaches to fix this.
What are some strategies to decrease LOS?
- Same day ADMISSIONS
- TECH and DAY Surgery
- COMMUNITY services and community health centres
- Timely DISCHARGE
- POSTOP pt discharge
- PALLIATIVE CARE patients
- HOME CARE
T or F. Provinces charge hospitals for an additional 24 hour period if a patient is not discharged by a certain time.
True.
Organizations that return surplus revenue (profits) back to the facility for purposes of maintaining or improving the facility and its operations. Usually managed by a board and not private owners.
Nonprofit Organizations (NPOs)
Costs can be cut by restructuring, downsizing, merging care, etc. also known as ____________
Rationalizing hospital services
What is the purpose of rationalization
- Prevent the DUPLICATION of services
- Provide care at the necessary level within the COMMUNITY
- Better use of RESOURCES