Headway Flashcards
When a provider uses just one platform (i.e. Headway and no competitors)
Single-homing
When a provider uses multiple companies (i.e. Headway and Alma, or more)
Multi-homing
Shows how happy customers are with a company or product by asking if they would recommend it others
Net promoter score (NPS)
Patients that come from Headway providers - those that they “bring” to the platform
Provider-sourced patients
Patients that are not provider-sourced, via ZocDoc, headway.co, PhyPha.
Headway/platform-sourced patients
The patients a provider has in their practice, whether on Headway or elsewhere
Caseload
In insurance billing, refers to the amount of money a healthcare provider is unable to collect from insurance companies or patients for services rendered. This can happen due to denied claims, underpayments, or non-payments.
Collection loss
Shows how much money a company keeps from “selling” its products after paying for the cost to make them. Its a percentage of sales left after these costs are paid
Gross margin
Note: In 2022, we used to call this “profit per appointment”, or PPA
In 2022, we used to call this “profit per appointment”, or PPA
Gross margin
Improving patient access by simply more providers to the payer’s network
“Basic access”
Payers assign higher cost patients “account management” to try to guide them to make healthier decisions that save the payer money and lead to better health outcomes for the patient
Case Management
Planning and setting up what healthcare services, costs, and coverage options are included in an insurance plan. Ie what are copays, co insurances.
Benefit design