Glossary of Healthcare Terms

With respect to a business enterprise, the difference between total assets (net of accumulated depreciation, depletion, and amortization) and total liabilities as they appear on the balance sheet (synonymous with "shareholder's equity"). With respect to a specific asset, the capitalized cost less accumulated amortization or depreciation as it appearson the books of account of the business enterprise.

An analytical technique that determines the difference between the total initial economic expense burdens (e.g., initial cash outlays) and the total expected risk-adjusted future net economic benefits (e.g., present value of the future net cash flows).

An HMO that contracts with many independent physician practices that may also treat other patients who are not enrolled in the plan.

Providers who focus on a section or group of buyers, a segment of a product line, or a specific area of a geographic market. What specific area Niche Providers focus on changes based on who is creating the definition.

The nation's first nighthawk company. The company was acquired by Virtual Radiologic in September 2010.

A means of drug delivery where the distribution is through a means other than a digestive one.

Non-participating providers are providers that have not agreed to accept the Medicare reimbursement amount for every claim. Yet, non-participating providers are allowed to accept Medicare assignment on a claim-by-claim basis, if they agree certain conditions. However, it should be noted that even though they have not accepted Medicare

A means of drug delivery in which the distribution is through a means other than a digestive one.

Providers who have not agreed to accept the Medicare reimbursement amount for every claim. Yet, nonparticipating providers are allowed to accept Medicare assignment on a claim-by-claim basis, if they agree certain conditions. However, it should be noted that even though they have not accepted Medicare

The single dollar amount, derived from the adjusted earning of the subject entity over a number of years, which best represents the earnings capacity of the subject entity, based upon the historical performance.

Adopted in 1997 to replace the SIC code system, the one-to-six digit NAICS codes have become the primary standard for industry classification for U.S. statistical purposes.

An interstate license for nurses created in 2000 by the National Council of State Boards of Nursing.

NPs are licensed APRNs who provide primary care services, specialty care services, or both to a variety of patients in ambulatory, acute, primary, and long-term care settings.

The designation assigned to a practitioner who has achieved licensure.

Occupational therapists care for patients with mental, physical, developmental, and emotional conditions that impair their ability to undertake daily tasks, occupational tasks, or both.