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Administrator Incentive Plan | Cavalier Healthcare

Administrator Incentive Plan

Facility: Cavalier Healthcare of England

Month:

Category Potential Score Actual Score
Census Development 200
Financial Performance 150
Survey 300

 

Incentive Calculation Total Points Acquired
Monetary Weight / Point $3.00
Total Incentive Earned
Monthly Payout 75%
Annual Payout 25%

 

Census Development ADC For the Month Potential Score Actual Score
Total Census
  • > 90% Occupancy
  • > 88% Occupancy
  • 50
  • 25
Medicare Mix
  • > 30% Occupancy
  • > 88% Occupancy
  • 150
  • 100

 

Financial Peformance
Private Collections
  • > 90% of Current Month
  • 100
Expense Categories
  • Under Budget
  • 50

 

Survey
Deficiency Free Survey
  • 300
Deficiency Free in Nursing
  • 200
No Deficiency > an “E”
  • 100
Fewer Deficiencies than prior year (no deficiency > “E”)
  • 50

 

Disclaimers:

  • Evaluation will be completed monthly
  • Total available points 650
  • $3.00 per point acquired
  • Payout 75% of earned bonus each month; payout 25% of earned bonus each February
  • Survey Incentive: This incentive is based on the annual survey; however, the incentive will be disqualified if facility has a deficiency with a scope and severity greater than an “E” on a follow up, complaint, self-reportable, or the most recent survey.
  • Administrator Incentive Plan is subject to change at anytime.