1. Breakeven Point? total cost = total revenue
2. Working capital ratio current assets / current liabilities
3. Acid-test (quick) ratio (cash + AR + short-term investments) / current liabilities
4. debt to assets ratio total liabilities/total assets
5. FTE (full time equivalent) total number of hours per employee in a week / 40 (i.e.
12+14+40+30 div. by 40)
6. Profit margin NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross
prof margin and net prof margin)
7. Net Operating Income (NOI) Total (gross) Revenue - operating expenses
8. Occupancy rate (# of resident days/facility beds) x 365
9. HCS Hazard Communication Standard. OSHA standard requiring
employers to inform workers of potentially hazardous chem-
icals.
10. Balance sheet formula Assets = Liabilities + Shareholders Equity
11. EBITDA Earnings before interest, taxes, depreciation, and amortization
12. Amortization the reduction of a loan balance through payments made over
a period of time
13. revenue cycle management resident needs->service planning->staflng->billing/collec-
tions->
14. FICA SS Tax and Medicare Tax 6.2% and 1.45%
, 15. 4 elements of a valid contract
2. Working capital ratio current assets / current liabilities
3. Acid-test (quick) ratio (cash + AR + short-term investments) / current liabilities
4. debt to assets ratio total liabilities/total assets
5. FTE (full time equivalent) total number of hours per employee in a week / 40 (i.e.
12+14+40+30 div. by 40)
6. Profit margin NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross
prof margin and net prof margin)
7. Net Operating Income (NOI) Total (gross) Revenue - operating expenses
8. Occupancy rate (# of resident days/facility beds) x 365
9. HCS Hazard Communication Standard. OSHA standard requiring
employers to inform workers of potentially hazardous chem-
icals.
10. Balance sheet formula Assets = Liabilities + Shareholders Equity
11. EBITDA Earnings before interest, taxes, depreciation, and amortization
12. Amortization the reduction of a loan balance through payments made over
a period of time
13. revenue cycle management resident needs->service planning->staflng->billing/collec-
tions->
14. FICA SS Tax and Medicare Tax 6.2% and 1.45%
, 15. 4 elements of a valid contract
