Healthcare Administration Quick Reference
Key Acronyms
ORGANIZATIONS:
CMS: Centers for Medicare & Medicaid Services
TJC: The Joint Commission
AHRQ: Agency for Healthcare Research and Quality
CDC: Centers for Disease Control
FDA: Food and Drug Administration
OIG: Office of Inspector General
OCR: Office for Civil Rights (HIPAA enforcement)
ACHE: American College of Healthcare Executives
AHA: American Hospital Association
AMA: American Medical Association
PAYMENT:
DRG: Diagnosis Related Group (inpatient payment)
APC: Ambulatory Payment Classification (outpatient)
RVU: Relative Value Unit (physician payment)
RBRVS: Resource-Based Relative Value Scale
IPPS: Inpatient Prospective Payment System
OPPS: Outpatient Prospective Payment System
FFS: Fee for Service | ACO: Accountable Care Organization
MIPS: Merit-based Incentive Payment System
APM: Alternative Payment Model
QUALITY:
HEDIS: Health Effectiveness Data and Information Set
HCAHPS: Hospital Consumer Assessment of Healthcare Providers and Systems
HAC: Hospital-Acquired Condition
HRRP: Hospital Readmissions Reduction Program
PSI: Patient Safety Indicator
RCA: Root Cause Analysis | FMEA: Failure Mode and Effects Analysis
OPERATIONS:
AR: Accounts Receivable | DNFB: Discharged Not Final Billed
CMI: Case Mix Index | FTE: Full-Time Equivalent
LOS: Length of Stay | ALOS: Average Length of Stay
ADC: Average Daily Census | OT: Occupancy Rate
Key Financial Benchmarks
REVENUE CYCLE:
Days in AR: < 40 days (excellent < 30 days)
Clean claim rate: > 95%
Denial rate: < 5% (excellent < 2%)
Net collection rate: > 95%
Cost to collect: < 3% of net revenue
HOSPITAL OPERATIONS:
Operating margin: 3-5% (nonprofit community hospital)
Occupancy rate: 75-85% (optimal efficiency)
ALOS: 4-5 days (national average acute care)
CMI: compare to peers — higher CMI = more complex patients = more revenue
Nurse-to-patient ratio: 1:5 med/surg | 1:2 ICU
PHYSICIAN PRACTICE:
Revenue per physician FTE: $400,000-$800,000 (varies by specialty)
Collection rate: > 95% of net charges
Days in AR: < 30 days
Cost per RVU: benchmark to MGMA survey data
Regulatory Quick Reference
HIPAA: protect PHI | minimum necessary | patient rights | breach = notify in 60 days
EMTALA: screen all ED patients | stabilize before transfer | no patient dumping
Stark: no physician self-referral for DHS without exception
Anti-Kickback: no remuneration for referrals
False Claims Act: $10K-$50K per false claim + treble damages | whistleblower qui tam
OSHA bloodborne pathogen standard: PPE, exposure control plan, training
ACA: individual mandate (tax penalty removed) | insurance market reforms | Medicaid expansion