Glossary of Healthcare Terms

The PPO, a hybrid of an HMO and traditional health insurance plan, is a managed care plan that allows members to choose from an array of healthcare providers that have contracted with the plan to provide services on a discounted basis.

An assumption regarding the most likely set of transactional circumstances that may be applicable to the subject valuation (for example going concern or liquidation).

Presbyopes are individuals affected with presbyopia, a visual condition that becomes apparent especially in middle age and in which loss of elasticity of the lens of the eye causes defective accommodation and inability to focus sharply for near vision.

The final phase of a consulting project during which the consultant reports results to clients or other parties.

A physician who provides general treatment for routine illness and injuries; practice focus includes internal medicine, preventive medicine; family or general practice; OB/Gyn, and pediatrics.

"Physicians specifically trained for and skilled in comprehensive first contact and continuing care for persons with any undiagnosed sign, symptom, or health concern (the

Any non-public source of equity.

A type of benchmarking that focuses on the identification of particular key business processes or operational characteristics that require improvement.

An indication of the overall net effect of managerial efficiency of the enterprise.

The federal medical system that reimburses hospitals for Medicare Part A services based on diagnosis related groups.

A system used by Medicare to pay medical providers, hospitals, and clinics a set amount of money per diagnostic related group (DRG).

Those suspects whose information leads the consultant to believe they could be potential clients.

Prosthetists fit patients who are missing limbs in part or entirely with devices called prostheses.

Protected health information is individually identifiable health information that is transmitted by, or maintained in, electronic media or any other form or medium. This information must relate to 1) the past, present, or future physical or mental health, or condition of an individual; 2) provision of healthcare to an individual; or 3) payment for the provision of healthcare to an individual.

Individually identifiable health information that is transmitted by, or maintained in, electronic media or any other form or medium. This information must relate to (1) the past, present, or future physical or mental health, or condition of an individual; (2) provision of healthcare to an individual; or (3) payment for the provision of healthcare to an individual.