Since starting this blog I have had the opportunity to stumble across interesting business terms currently in use in health care.
As a service to our graduating medical students and residents entering our evolving world of medicine, I thought I’d assemble a reference source of important business terms for their use.
This list is by no means complete and I would welcome other definitions readers might add to this ever-expanding list:
Behavioral Health, Interoperability and eConsent: Meeting the Demands of CMS Final Rule Compliance
In a webinar on April 16 at 1pm ET, Aneesh Chopra will moderate a discussion with executives from DocuSign, Velatura, and behavioral health providers on eConsent, health information exchange and compliance with the CMS Final Rule on interoperability.
| Term | Translation |
|---|---|
| Accountable Care | Care provided by those who only know how to subtract |
| Health care consumer | Patients – If your patients are alive, they cost the system money |
| KOLs (Key Opinion Leaders) | “Yes” Men and Women for Industry – I was first going to call these individuals “industry whores” but not all of them accept fees from industry for their opinions. The opinions of KOLs, however, uniformly jive with the industry interests they speak about. |
| Lean Six Sigma | Reducing staff-to-patient ratios as low as possible – and substituting kiosks for them instead. |
| Quality Measure | An order you seem to have forgotten that makes people money. |
| Meaningful Use | A measure of one’s ability to use a keyboard – To suggest another definition is silly since no one will be paid to deliver care in the future unless they have purchased a very expensive computer system tells you what to type and when to type it. |
| Wellness Initiative | Health Data Collection Opportunity – Remember, “wellness” is not the opposite of illness. |
Hope this helps!
The author, Dr. Westby G. Fisher, is a cardiologist at NorthShore University HealthSystem who writes regularly at Dr. Wes.
