1. Funds Flow Report Training Session 2
Bondurant G-010
May 15, 2018

2. NEW Contra Revenue Accounts
Listed below are the new contra revenue accounts, which you will receive your Funds Flow reimbursement dollars through.
These reimbursements will come through as a lump sum each month vs at the Provider level. We will create a new SAS report to show the reimbursement at the Provider level.
MD Allocation - wRVU/ASA Productivity Reimbursement
442710
Non MD Allocation - UPL and Net Receipts
442720
Benefits
442730
Overhead
442740
Clinic Expense/Rent Expense - 70%
442750
Drug Expense - 100%
442760
Technical
442770
Adjustments
442780

3. High Level Draft Timeline
Any specific due dates that apply to departments will be communicated to you directly
Please note this timeline is subject to change

4. Technical Revenue
Technical revenue is received for operating clinic equipment
Most technical revenue is billed as a component of the hospital facility fee, however some departments have arrangements with the hospital where technical revenue is included in the professional fee
Example:
Radiology and Orthopaedics purchase a piece of equipment together and then they both split the technical revenue, which comes via their professional billing.

5. GME Central Billing
All resident and GME contracts will be billed and collected centrally vs. through the departments starting July 1, 2018.
Any overhead associated with these contracts will still flow to the department, however the portion to cover salaries will be transferred to the hospital
5.5% tax will not be applied to the NEW account listed below
Spencer Brady will be in contact with you to review the new GME process
CLARIFICATION:
GME Contract payments for prior year(s) that come in after July 1, 2018 will still be collected centrally and distributed to your department
These payments will not be passed through to the hospital as your current year payments will
GME Contract Revenue
441640

6. Source Changes
Listed below are the main hospital source changes. We will send a complete list of system-wide source changes to you via .
These sources have already been updated in the EPIC feed.
Please be sure to move any existing payroll, defaults, etc., to the new sources. The old sources will be inactivated on July 1, 2018.
Neuroscience’s
17260
Cancer
17284
Women’s
17498
Memorial
17570
Children’s
17571

7. New Tax PS Account Description Current (FY18) Funds Flow (FY19) 582640
In FY18 and prior, prorates were expensed at the department level
In FY19, prorates will be expensed centrally in FP Admin
PS Account
Description
Current (FY18)
Funds Flow (FY19)
582640
Rent
0.5%
0.9%
582650
Admin
0.4%
0.6%
582660
Dean’s Tax
4.6%
2.5%
582670
Shared Services
14.5%
582680
Enterprise
2.3%
582490
Assessment
2.7% 0%
Total Prorates
25.0%
21.0%

8. Funds Flow Reminders Recommendations
ACA’s should recommendations for modifications to Funds Flow V2 to Sara Beland by Friday, June 1st.
We will consolidate and review the recommendations, then present to the Steering Committee for further deliberation.
Maintenance
Degree Data*: if the degree data is blank for a given Provider please work with your HR representative to update this field
Specialty Data*: if a new Provider has been hired please provide their MGMA or other pre-approved specialty to Spencer Brady
Please continue to maintain cFTEs on a monthly basis
* Spencer Brady will be sending monthly s if any of this data is missing. Please provide the information within the designated time-frame.

9. FAQ’s
Question: Does the calculation for the Funds Flow 50% self-pay adjustment include the self-pay discount? Answer: No, the calculation is based off of gross charges.