19 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
time of payment of claims provision
Health care; Managed care
A mandatory, health insurance provision specifying how long an insurance company has to pay claims.
aggregate margin
Health care; Managed care
A margin that compares revenues to expenses for a group of hospitals, rather than a single hospital. Computed by subtracting the sum of expenses for all hospitals in the group from the sum of ...
aftermarket
Health care; Managed care
A market for a health care security either over the counter or on an exchange aft er an initial public offering has been made.
perinatal unit
Health care; Managed care
A maternity and newborn service for the provision of care during pregnancy, labor, delivery, postpartum, and neonatal periods with appropriate staff , space, equipment, and supplies. Commonly called ...
annual completion factor
Health care; Managed care
A math factor that adjusts annual expected health insurance claims to annual incurred claims.
utility function
Health care; Managed care
A mathematical function in health insurance statistics that associates a number with each of a set of feasible alternatives.
level debt service
Health care; Managed care
A maturity schedule in which the combined annual amount of principal and interest payments remains relatively constant over the life of the issue.
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