Definitions Flashcards
What are the different types of contracting approaches in HC?
Payment by provider size
Payment by patient
Outcomes based risk share
Financial based risk share
What is payment by provider size?
Payment based on total number of users at provider
What is payment by patient
Payment based on number of patients using the product
What is outcome based risk share?
Payment based on achievement of agreed and measured outcomes
What is financial based risk share?
Take full cost of managing the care of the patients, and benefit from lower costs to manager
Essentially, if you know how to do the job for less, you can make a larger profit
High risk, High reward
Bonds
Loan from investor to borrow (usually gov/corporate)
Capital gains
Rise in the value of a capital asset that gives it a higher worth than original purchase value (making a profit)
FOREX
Foreign exchange - marketplace for trading of national currencies
Hedge fund
Investment fund that pools capital from investors for aggressive and risky investments
Mutual fund
investment that pools more from individuals to trade in diversified holdings, professionally managed
Gives small investors the access to professionally managed portfolios
Futures
Financial contract that obligate the parties to transact an asset at a predetermined future date and price
Options
Financial agreement that gives the investor the right (not obligation) to buy or sell shares at specific price at any time, as long as contract in in effect
Warrant
A derivative that gives you the right (NOT obligation) to buy a security at a certain date
Tax credit
Amount of money that taxpayers can subtract from taxes owned to the government
Certificate of deposit
interest rate paid by a bang in exchange to a client agreeing to leaving a lump sum deposit untouched for a period of time
