Definitions Flashcards
Terminology/Abvs
Practice
Services provided for the business
(eg. PT/OT/ABA)
Clinic
Location of the business
(eg. Good Shepherd)
Business
The term for the operation encompasses the financial/management aspects
(Can include multiple practices and/or clinics.)
Outpatient
Patients receiving care outside of the hospital setting
(Therapy/Rehab post hospital/ppc treatment)
Inpatient
Patients receiving care inside the hospital setting
(Not a good fit for RT - Care-homes, Skilled Nursing Facilities [SNF} etc.)
Home Health
Broad term for delivery of care outside of a traditional clinic or office
(dig deeper in convo)
Medicare (A)
Med Services delivered by [MD,RN, BSN, CNP]. Inpatient hospital stays, care in SNF, hospice, HH.
(Not a good fit for RT)
Medicare (B)
Med Services NOT delivered by [MD, RN, BSN, CNP]. Covers services, outpatient care, and other services not provided in (A), but necessary.
(eg. Therapy, nutrition, well checks, counseling, etc… Good fit for RT)
Medicare
Medical coverage provided by the Federal Gov for people 65< ; some younger w/ disabilities.
(eg. Social security)
Medicaid
Coverage provided by the state gov and partially financed by the fed gov. Nations public health insurance for people w/ lower income.
(covers 1/5 Americans)
Electronic Medical Record (EMR)
Term used for medical/clinical record for a specific specialty/practice.
Electronic Health Record (EHR)
Historical medical record for all EMR records.
(eg. interchangeably with EMR)
Practice Management (PM)
Part of the software that runs the practice/business
Scheduler
Manages clinic practice schedule
Clinical Notes
Medical notes on the patient EMR
(from PCP - outpatient practice)
Reporting
Aspect of the PM that creates reports on data within the EMR/PM
(eg patients progress throughout the treatment)
Billing & Collections
Managing AR process (Accounts Receivables). Sends claims to a payor via a clearinghouse
Clearinghouse
Term for a data exchange between payor and billing system
Revenue Cycle Management (RCM)
General term for the entire Billing & Collection process
In-house Billing
Business/Practice has its own internal staff managing the RCM process
Outsourced Billing
Business/practice outsources some or all of the RCM to a third party.
(usually for a fee ranging from 2-7%)
Health Language 7 (HL7)
A data connection between two systems using a defined language. Critical part of the interoperability requirements in the healthcare industry
defined by:
HHS - Health & Human services
CMS - Centers for Medicare & Medicaid Services