The META Scholar Volume 2 | Page 23

TMS Case Studies Page 23 FTE Cont. Full Time Equivalent (FTE) ratio of the total number of paid hours during a period Figure 1. Observed and Measured Average FTE Data Rates Per Above Device (part time, full time, contracted) by Next, there are many "averages" in statistics and there are certainly three you are most likely to encounter in your FTE calculations or in a statistics course, even if the topic comes up at all. During this period, ≈400 devices total were surveyed and FTE hours were also analyzed. the number of working hours in that period Mondays through Fridays. Results In this period, FTE data rates were observed and measured, resulting in the following scheduled hours modal rate of 1.8 hours [x1 Defibrillator], 1.5 hours [x1 Infusion Pump], 1.3 hours [x1 Electrocardiograph], 1.7 hours [x1 Electrosurge] for each device (Fig 1). To account for different Age Groups, Job Descriptions, Characteristics (i.e. worker speeds, strengths, etc.) a Standard Deviation must be measured +/-10% per device. Discussion It is the author’s recommendation to continue adding all medical devices to a maintenance inventory to perform mode sequencing of observed FTE data rates. Now, with an accurate inventory ≈100 like-devices will result in the most accurate FTE calculation in use today. Therefore, one FTE (40 hours per week x 52 weeks per year = 2080 per year) can now be accurately measured and then calculated based on negotiated annual personnel salary for a typical 8-hour period minus over-time, vacation and/or holidays, as well as sick-time. (Continued)