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?

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

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?

To determine the number of FTEs needed, we can calculate the total coding time required per week and divide it by the available productive hours per week.

Step 1: Calculate the total coding time required per week:
Number of discharges per week = 500
Average time to code each record = 20 minutes

Total coding time per week = Number of discharges per week * Average time to code each record
= 500 * 20 minutes

Step 2: Convert the coding time to hours:
Total coding time per week in hours = Total coding time per week / 60
= (500 * 20) / 60

Step 3: Calculate the number of productive hours available per week:
Productive hours per day = 7.5
Number of productive days per week = 5 (assuming a 5-day workweek)

Total productive hours per week = Productive hours per day * Number of productive days per week
= 7.5 * 5

Step 4: Calculate the number of FTEs needed:
Number of FTEs = Total coding time per week in hours / Total productive hours per week
= ((500 * 20) / 60) / (7.5 * 5)

Now, you can calculate the result by evaluating the expression:
Number of FTEs = ((500 * 20) / 60) / (7.5 * 5)

To determine the number of FTEs needed, we need to calculate the total coding time required and divide it by the available coding time per FTE.

First, calculate the total coding time required per week:
Total coding time per week = Number of discharges per week * Coding time per record
Total coding time per week = 500 * 20 minutes

Next, convert the total coding time to hours:
Total coding time per week (in hours) = (Total coding time per week in minutes) / 60 minutes
Total coding time per week (in hours) = Total coding time per week / 60

Now, calculate the available coding time per FTE:
Available coding time per FTE = Number of productive hours per day * Number of working days per week

Since each coder works 7.5 productive hours per day, and assuming a standard 5-day workweek:
Available coding time per FTE = 7.5 hours/day * 5 days/week

Finally, calculate the number of FTEs needed:
Number of FTEs = Total coding time per week (in hours) / Available coding time per FTE

Let's plug in the numbers to calculate the final result:
Total coding time per week = 500 * 20 = 10,000 minutes
Total coding time per week (in hours) = 10,000 / 60 = 166.67 hours
Available coding time per FTE = 7.5 * 5 = 37.5 hours

Number of FTEs = 166.67 / 37.5 ≈ 4.44

Therefore, the coding supervisor will need approximately 4.44 FTEs to code 500 discharges per week. Since FTEs typically represent a full-time employee, you may need to round up to the next whole number, resulting in needing 5 FTEs.