Are You Optimizing Your Capital Assets?

HCD Virtual 2020 On-Demand Quizzes

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* 1. Why is measuring asset utilization important?

To understand how well space is currently used by different functions

To inform when new space might be needed, based on organizational growth targets

To highlight opportunities for operational improvement or change

To inform how space may be repurposed to address immediate or mid-term operational needs

All the above

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* 2. What are the major components that define space/asset utilization? Check all that apply.

Square footage

Patient encounter duration

Room turnover time

Seasonality

Hours of operation

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* 3. What factors should be considered when evaluating and interpreting utilization? Check all that apply.

Number of providers using the space

Volume/activity in the space

Geographic location

Strategic importance of the service or function

Unique operational elements of the service or function

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* 4. Define room turn over time.

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* 5. Define “reserved time.”

The time clinicians reserve for research or academic responsibilities

A subset of available time allocated to particular providers (e.g., OR block time, clinic exam room schedule)

Time a member of your staff spends each year as a Military Reservist

Time on the schedule each day which is reserved for add-on patients

Time that the asset is available, which takes into account current hours of operation

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* 6. Describe one major challenge associated with implementing an organization-wide approach to tracking asset utilization.

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* 7. What factors are most important when considering seasonality? Check all that apply.

Temperature fluctuations and weather patterns

Time of day, day of week, month of year

Variation in patient encounter duration, mix, and complexity

Peak periods of activity

Flexible use of space

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* 8. Why would you measure utilization instead of throughput? Check all that apply.

Utilization is easier to measure

Utilization is a better measure of the time an asset is contributing revenue

Throughput is not as easy to compare between organizations

Utilization accounts for specific operational elements that may be unique to certain functions

Throughput is a good measure of revenue, but ignores cost of delivery

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* 9. What is one alternative to increasing space in order to grow capacity?

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* 10. List two reasons why space could be capacity constrained before average utilization gets to 100%

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* 11. Contact Information

Name

Company

Email Address

Phone Number

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* 12. Continuing Education Credits

AIA #

IDCEC #

Other: certificate of completion