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Hospital Finance: Vocabulary

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Hospital Finance: Vocabulary

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Played 221

About this activity

A "warm up" fill in the blanks exercise based on common hospital financial vocabulary.

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Canada

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Hospital Finance: Vocabulary
 

Fill in the Blanks

Hospital Finance: VocabularyOnline version

A "warm up" fill in the blanks exercise based on common hospital financial vocabulary.

by emile cloutier
1

Benefits financial patient budgeted Salaries cost variance reports MOHLTC statements LHIN based global HNHB centre actual supply staffing analyst

Hospital revenue comes from different sources , but the most significant source of revenue is received from the , funneled through the .
In years past , hospitals received funding for operations ; now and moving forward , funding methodologies are becoming more .
Once funding is received , we need a plan on how it will be spent to provide extraordinary care . A budget must be prepared ? the two main components of a department ? s budget are the budget , and the budget . and make up 62% of the NH expenditure , and as such , are extremely important during the budget process . There are two main financial reports available to managers ? the , and their more detailed counterpart , the are both found on sourcenet . These reports provide a snapshot of how a department is performing as compared to budget . They highlight variances , which are the difference between and results . Every manager and director is assigned a who is available to help you understand and interpret your statements .

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