Glossary of Healthcare Terms

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Compensation Planning Committee

A collection of practice members that is representative of the practice population as a whole; physician executives and practitioners of all levels and specialty areas are appointed to mirror the practice distribution.

Competitive Benchmarking

A type of benchmarking used for the purpose of gaining superiority over competitors.

Competitor Benchmarking

A type of external benchmarking used for comparing work processes with those of that industry

Complementary and Alternative Medicine

Healthcare services that fall outside the scope of conventional allopathic and osteopathic medical practice.

Complementary and Alternative Medicine (CAM)

The umbrella term used to describe all services that fall outside the scope of traditional medicine.

Complex or Compound

A multifaceted analysis that incorporates different types of tools to synthesize an overall conclusion.

Comprehensive or "Turnkey" Model

This type of MSO provides a comprehensive array of services including all of the nonclinical aspects of a practice

Computer-Aided Design and Computer-Aided Manufacturing (CAD/CAM)

The use of CAD/CAM has become increasingly popular with dental practitioners, because it allows dentists to both make images of tooth preparations and to mill restorations the same day.

Computerized Physician Order Entry

A computer system which permits clinical providers to electronically order laboratory, pharmacy, and radiology services.

Computerized Physician Order Entry (CPOE)

A computer system that permits clinical providers to electronically order laboratory, pharmacy, and radiology services.

Conditional Mean

Predictive models which condition their expected value based upon the time path of the endogenous variable and/or the level (or changes) in certain exogenous variables.

Congregate Care

A combination of "private living quarters with centralized dining services, shared living spaces, and access to social and recreational activities

Consultants

Any third-party assistance to the development process.

Continuing Medical Education or Maintenance of Certification

Annual requirements vary by state, profession, and medical staff requirements.

Control Interest

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