60/20 = 3 per hour for each coder
(3 * 7.5) = 22.5 per coder per day
500/5 = 100 discharges a day
100 / 22.5 = 4.44 FTE needed
A coding supervisor must determine the number of full-time equivalents (FTEs) needed to code 500 discharges per week. If it takes an average of 20 minutes to code each record and each coder works 7.5 productive hours per day, how many FETs will the coding supervisor need?
2 answers
In deciding whether to purchase or lease a new dictation system, the Him supervisor calculates the payback period. The hospital's required payback period is three years. If the equipment costs $ 28,00 and generates $3,500 per year in savings, what would be the payback period for this equipment? Should the department purchase this equipment?