Section 444.15 - Other operating revenue account descriptions

444.15 Other operating revenue account descriptions. (3222)

(a) 5020 TRANSFERS FROM RESTRICTED FUNDS FOR RESEARCH EXPENSES

This account reflects the amount of transfers from restricted funds to the Operating Fund to match expenses incurred in the current period by the Operating Fund for restricted fund research activities.

(b) 5220 NURSING EDUCATION

5221 Registered Nurses

5222 Licensed Vocational (Practical) Nurses

5240 POSTGRADUATE MEDICAL EDUCATION--APPROVED TEACHING PROGRAMS

5250 POSTGRADUATE MEDICAL EDUCATION--NON-APPROVED TEACHING PROGRAMS

5260 OTHER HEALTH PROFESSION EDUCATION

5261 School of Medical Technology

5262 School of X-ray Technology

5263 School of Respiratory Therapy

5264 Administrative Intern Program

5265 Medical Records Librarian Program

These accounts (5220-5260) are used to report the revenue from the schools of nursing, postgraduate medical education, paramedical education, and other educational activities.

(c) 5280 TRANSFERS FROM RESTRICTED FUNDS FOR EDUCATION EXPENSES

This account reflects the amounts of transfers from restricted funds to the Operating Fund to match expenses incurred in the current period by the Operating Fund for restricted fund educational activities.

(d) 5320 NON-PATIENT FOOD SALES

This account is used to report the revenue earned in the hospital cafeteria for meals served to employees and others. Also included is revenue from employees and others for meals when the hospital does not operate a formal cafeteria.

(e) 5330 LAUNDRY AND LINEN SERVICES REVENUE

This account shall be used to report revenue earned by providing laundry services to other organizations (both related and nonrelated) and to employees and students housed on hospital property.

(f) 5350 SOCIAL WORK SERVICES REVENUE

This account shall be used to report revenue earned by providing social work services to patients and others.

(g) 5360 HOUSING REVENUE

5361 Employee Housing

5363 Student Housing

This account is used to report revenue from room (or cot) rentals provided for employees and students.

(h) 5440 PARKING REVENUE

Amounts received from visitors, employees and others in payment for parking privileges shall be reported in this account.

(i) 5450 HOUSEKEEPING SERVICES REVENUE

This account shall be used to report revenue earned by providing housekeeping services to other organizations (both related and nonrelated).

(j) 5610 TELEPHONE AND TELEGRAPH REVENUE

Amounts received from patients, employees and others in payment of hospital telephone and telegraph services shall be reported in this account.

(k) 5620 DATA PROCESSING SERVICES REVENUE

This account shall be used to report revenue earned by providing data processing services to other organizations (both related and nonrelated).

(l) 5690 PURCHASING SERVICES REVENUE

This account shall be used to report revenue earned by providing purchasing services to other organizations (both related and nonrelated).

(m) 5710 SALE OF ABSTRACTS/MEDICAL RECORDS

This account shall be used to report revenue earned for medical records transcript and abstract fees.

(n) 5760 DONATED COMMODITIES

Donated medicines, linen, office supplies and other materials which would normally be purchased by a hospital shall be reported at fair market value in this account. An offsetting amount is reported in an appropriate inventory account or cost center.

(o) 5770 DONATED BLOOD

Donated blood is reported at fair market value in this account. An offsetting amount is reported in the blood inventory account or Whole Blood and Packed Red Cells cost center (account 7250).

(p) 5780 CASH DISCOUNTS ON PURCHASES

The amounts of cash discounts taken by the hospital on purchases shall be reported in this account. Trade discounts, however, shall be treated as reductions in the cost of items purchased.

(q) 5790 SALE OF SCRAP AND WASTE

This account shall be used to report the revenue from the sale of scrap and waste.

(r) 5810 REBATES AND REFUNDS

This account shall be used to report the revenue from rebates and refunds of expense.

(s) 5820 VENDING MACHINE COMMISSIONS

Commissions earned by the hospital from coin-operated telephones and vending machines shall be reported in this account.

(t) 5830 OTHER COMMISSIONS

Commissions earned by the hospital, other than commissions from coin-operated telephones and vending machines shall be reported in this account.

(u) 5840 TELEVISION/RADIO RENTALS

This account shall be used to report the revenue from television and radio rentals, when the activity is hospital-conducted.

(v) 5850 NON-PATIENT ROOM RENTALS

This account is used to report revenue from room (or cot) rentals charged to non-patients.

(w) 5860 MANAGEMENT SERVICES REVENUE

This account shall be used to report revenue earned by providing management services to other organizations (both related and nonrelated).

(x) 5870 OTHER OPERATING REVENUE This account shall be used to report other operating revenue not included elsewhere.

(y) 5880 TRANSFERS FROM RESTRICTED FUNDS FOR OTHER OPERATING EXPENSES

This account reflects the amounts of transfers from restricted funds to the Operating Fund to match expenses incurred in the current period by the Operating Fund for restricted fund activities other than the transfers from restricted funds reported in account 5020 (Transfers from Restricted Funds for Research Expenses) and account 5280 (Transfers from Restricted Funds for Education Expenses).
 

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