Glossary of Healthcare Terms

   

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Control Interest

An ownership interest with the authority to alter the strategic financial and economic operations and goals of the firm.

Control Premium

An amount or a percentage by which the pro rata value of a controlling interest exceeds the pro rata value of a noncontrolling interest in a business enterprise, in a reflection of the power of control.

Coronary Artery Bypass Grafting

A procedure that "uses a piece of a vein from the leg or artery from the chest or wrist. The surgeon attaches this to the coronary artery above and below the narrowed area or blockage. This allows blood to bypass the blockage. Some people need more than one bypass."

Corporate Compliance Services

Services that analyze a corporation

Corpus

A collection of works written by Hippocrates and his pupils. These works discuss specialties and pathologies, the practice of medicine, and medical ethics.

Cosmetic and Aesthetic Medicine Centers

Provide outpatient surgical services related to the elective enhancement of an individual

Cosmetic Surgery

The elective enhancement of an individual

Cost Containers

Organizations capable of controlling healthcare costs through economies of scale. However, the ability of cost containers to contract effectively with MCOs and systematically reduce utilization of services is limited. Physician practice management companies and MSOs are classified as cost-container EHOs.

Cost of Capital

A key component of the income based valuation approaches is the determination of the appropriate discount rate to apply to the expected future economic benefit to be derived from the ownership of the subject entity.

Cream Skimming

In healthcare, the purposeful targeting of patients that are considered the most profitable customers for a given provider, for example, specialty hospitals have been accused of cream-skimming more profitable services, such as cardiac and orthopedic care, from general hospitals, who serve a broader patient base.

CT Scanning

The process of making a computed tomography image.

Current Procedural Terminology (CPT)

Current Procedural Terminology (CPT) is a system developed by the AMA that is used by providers to report information to patients and insurers about services and procedures provided to patients.

Customary Prevailing and Reasonable

The historically implemented methodology that based Medicare-allowed amounts on past payments for the service.

Customary Prevailing and Reasonable (CPR)

The historically implemented methodology that based Medicare-allowed amounts on past payments for the service.
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