Glossary of Healthcare Terms

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Skilled Nursing Facility (SNF)

An institution that has a transfer agreement with one or more hospitals to provide 24-hour skilled nursing and rehabilitative care on an inpatient basis.

Small Business Health Option Programs (SHOPs)

Programs enacted as part of the ACA that are designed to assist qualified employers in the State who are small employers in facilitating the enrollment of their employees in qualified health plans offered in the small group market in the State.

Small Employers

10?499 employees

Sole Community Hospital (SCH)

Short-term acute care hospitals that are located at least 35 miles from like hospitals in rural areas, located 25 miles from other similar hospitals and have fewer than 25% of its patients admitted to similar hospitals, located 25 miles from other similar hospitals and fewer than 50 beds, or are at least 45 minutes from the nearest like hospital.

Sole Proprietorship

Practices owned and operated by only one healthcare practitioner.

Specialty Hospital

A hospital that limits its focus and scope of services to provide treatment for a single medical specialty or cluster of specialties (e.g., surgical, pediatric, or women's care).

Specialty Service Hospital (SSH)

A hospital that limits its focus and scope of services to provide treatment for a single medical specialty or cluster of specialties (e.g., surgical, pediatric, or women's care).

Specific Data

Data specific to, and obtained from, the subject entities. Specific data includes, but is not limited to financial statements; tax returns; productivity reports; supplies inventory; accounts receivable schedules; fixed asset schedules; prior valuation or consulting reports; budgets and projections; and, documentation on transactions involving the subject entity.

Specific Research

Data specific to, and obtained from, the sources at each subject enterprise. Specific research may include, but is not limited to financial statements; tax returns; productivity reports; supplies inventory; accounts receivable schedules; fixed asset schedules; prior valuation or consulting reports; budgets and projections; and, documentation on transactions involving the subject entity.

Speech-Language Pathologists

Speech-language pathologists assess patients in order to diagnose a variety of speech, language, cognitive, and swallowing conditions.

Spinal Manipulation

Also known as chiropractic adjustment, this is the main treatment technique used by chiropractors and involves manually applying controlled force into joints to restore mobility.

Staff Model HMO

An HMO that employs physicians and other providers who treat only the particular HMOs enrollees.

Standard Industrial Classification (SIC) Codes

Originally developed in the 1930s, SIC codes are one to four digits in length and employed for classifying the type of industry under which a business primarily operates. Currently still used by the U.S. Securities and Exchange Commission (SEC).

Standard of Value

The identification of the type of value being used in a specific engagement (for example, fair market value, fair value, or investment value).

Stark Law

A Federal law prohibiting physicians from referring Medicare or Medicaid patients to an entity for designated health services if the physician, or an immediate family member, has a financial relationship with that entity.
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