5 Terms
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Managed care
A health care practice intended to streamline services and provide high quality, cost-effective care.
Industry: Health care
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Managed care
and interest
Health care; Managed care
A hospital bond transaction in which the buyer pays the seller a contract price plus interest accrued since the issuer’s last interest payment. Virtually all interest bearing bonds always trade “and ...
observation unit
Health care; Managed care
A hospital department that cares for inpatients for less than 23 hr and 59 minutes.
channeling
Health care; Managed care
A hospital insurance policy that provides malpractice liability insurance to nonemployed physicians of a hospital or health care facility.
designated transplant facility
Health care; Managed care
A hospital or alternative facility that has entered an agreement either with or on behalf of a health plan to provide health services for covered transplants.
general care floor
Health care; Managed care
A hospital or health care facility floor not designated as a critical, cardiac, or step-down care floor.
chain facility
Health care; Managed care
A hospital or long-term care facility owned by a parent organization that owns other such facilities.
proprietary hospital
Health care; Managed care
A hospital or other facility that provides medical services for a profit.
