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Vet chapter 3

QuestionAnswer
High inventory turnover indicates: an efficient and well-run pharmacy
The veterinarian prescribes a drug at the dose rate of 2 x 100-mg tablets twice per day for 5 days. Each tablet costs 2 cents; there is a markup of 100% on that item; the dispensing fee is $5.00; and there is a minimum tablet cost of 10 cents each. What $7.00
What is the markup on a tablet that costs 5 cents and is sold for 20 cents? 300%
The most economical amount of a particular product to order, calculated by factoring in fixed costs, carrying cost, and purchase price, is known as the: economic order quantity
Dividing the total annual purchases of an item by the average value of that item on hand yields that item's: inventory turnover
A goal for the inventory manager is to not exceed the average shelf life of an item, which is — months. 3
The number of times inventory turns over in a practice in a specified time is referred to as Turns/year
Employee records should be kept for at least ——-years after the employee has left the practice. 7
A medical record is a legal document that must be maintained for _ years if the client has not returned to the practice. 3
When ordering a controlled substance in either Class I or Class II, DEA form —— must be filled out and mailed to the distributor. 222
An efficient, mature organization comes from managers learning to and empower team members. Delegate
Properly operating equipment requires that team members be —— how it operates, which greatly extends the — of the equipment. Trained & life
To prevent the purchase of excess materials ———-quantities should be developed for each product. (2 words) economic reorder
The ———Association provides high-quality continuing education throughout the year for hospital managers. (3 words) Veterinary Hospital Managers
In order to put —— at ease, a warm welcome and accessibility from team members is a must. Client
Receptionists should answer the phone within __rings. 3
Information can be misinterpreted, especially over the phone. Therefore, a pet's condition must never be ___ over the phone! Diagnosed
When the receptionist reviews the entire _______ in detail with the client, it shows the total value of the visit. invoice
Accounts receivable totals should never exceed_____ % of the total gross revenue amount. (range) 2-3
In order for district attorneys to prosecute bad check writers, a ______ number must be written on the check. (2 words) Driver license Driver license
A collection agency's report can remain on a client's credit report for _ years; therefore, they are willing to pay the debt. 7
Patients discharged from the hospital must be released with _____ instructions. Written
Discharge instructions should be provided, and payment should be processed _ the pet is brought to the client. Before
The increased use of pet ____ is expected to decrease the number of euthanasias performed each year because of cost of medical services. insurance
A____is defined as the amount an owner pays monthly or annually to maintain an insurance policy for their pet. Premium
A___is the amount an owner must pay before the insurance company will offer compensation. deductible
Insurance may be denied because of a ___ condition, which is an abnormality transmitted by genes from parent to offspring. Hereditary
The cost of hiring and training a new employee can equal at least __year's salary. 1
During an interview a candidate can be asked if they are planning to have children. False
A written job description and the hospital ____ are important parts of training a new employee. Philosophy
Rewards and recognition of employees should be made___, and reprimands and corrections should be done ___. Publicly, Privately
Any employee working more than __hours within 1 work week must be paid overtime at 1 1/2 (1.5) times the regular rate of pay. 40
computerized records are used, ____ accuracy is necessary for all data entry; incorrectly entered computer records may never be retrieved. Meticulous
The most common error made is not documenting the communication with the ___ owner regarding the of the patient. Prognosis
When a current client/patient/veterinarian relationship exists, a ____product can be sold. Prescription
Next to payroll,____ is the largest expense to the practice. Inventory
Any loss of a controlled substance greater than____% per year must be immediately reported to the police department, State Veterinary and/or Pharmacy Board, and the DEA. 3
The practice manager is responsible for the ____ of the facility and equipment. Maintenance
Veterinary medical personnel can receive training, become certified in disaster aid, and join a specialized team called the _which mobilizes when a disaster occurs. (4 words). The acronym for this team is ____. Disaster Animal Response Team, DART
Experience starts with the first___ and ends with the practice has____ up with the Visit Impression, followed
A client has to call the practice for a test results can leave a____ impression Negative/Bad
Recommendations given to the client over the phone must be___ in the medical recording document
The US Department of agriculture issues___ by the state and requires that a veterinarian do a physical exam on the animal before signing in Health certificates
Horses are required to have a current negative status for____ in order to travel between states Coggins disease,
The specified dollar amount of a coverage service that is the policyholder’s responsibility Co-pay
Account are the monies I want to a vet, veterinarian practice by clients Outstanding
Time work after having worked 40 hours in 1 week Overtime
The fee that’s added to prescriptions to current the cost of the pill vial, label and team members time Dispensing
The acronym for the most commonly used medical record format, followed by the veterinarian healthcare teams POMR
The ___ order quantity is in equation, used to determine the correct amount of inventory to order Economic
A ____ substance is a drug that has been deemed susceptible to abuse by the DEA. controlled
Pricing a product based on a percentage of cost such as per tablet, per milliliter, or per bottle markup
The difference between the selling price and the cost per unit. margin
_____ insurance is a type of insurance where the client is reimbursed for services after they have been provided. indemnity
When a decision is made after all the facts have been presented, it is based on ___ consent. informed
Unexplained inventory losses. shrinkage
____ marketing is the type of marketing utilized by practices by providing clean facilities, genuine service and excellent customer care. indirect
_____ marketing is a marketing technique that targets potential clients. external
Created by: Faye23
 

 



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