Mindblown: a blog about philosophy.

Any method of paying hospitals or other health programs in which amounts or rate., of payment are established in advance for the coming year and the programs are paid these amounts regardless of the costs they actually incur. These systems of reimbursement are designed to introduce a degree of constraint on charge or cost increases…

Profit making; owned and operated for the purposes of making a profit, whether or not made. Belonging to a commercial company. For-profit and privately owned and managed.  

A tax which takes a constant proportion of income as income changes. The social security payroll tax is proportional up to the $14,100 limit on income to which it applies.  

A grant of Federal funds to a public or private agency or organization for a specified purpose authorized by law, such as development of an emergency medical services system, or conduct of a continuing education program. The making of project grants is usually discretionary with HEW. Applicants are chosen on the basis of merit, often…

A tax which takes an increasing proportion of income as income rises, such as the Federal personal income tax. Incremental increases in taxable income are subject to an increased marginal tax rate.  

A system under which patients are grouped together in units depending on their need for care as determined by their degree of illness rather than by consideration of medical specialty. There are three conventional levels or stages of progressive patient care: intensive care, that needed for critically ill patients; intermediate care, that intermediate between intensive…

The gain made by the sale of a good or service after deducting the value of the labor, materials, rents, interest on capital and other expenses involved in the production of the good or service. Economists define profit as return to (or on) capital investment, and distinguish normal (competitive) and excessive (more than competitive) profit.…

Assesses technical knowledge and skills related to the performance requirements of a specific job, whether such knowledge and skills were acquired through formal or informal means. Section 241 of the Social Security Amendments of 1972, requires the Secretary of HEW, in carrying out his functions relating to qualifications for health manpower, to develop and conduct…

Obligation of providers or their professional liability insurers to pay for damages resulting from the providers’ acts of omission or commission in treating patients. The term is sometimes preferred by providers to medical malpractice because it does not necessarily imply negligence. It is also a term which more adequately describes the obligations of all types…

A shared-computer medical record information system purchased by hospitals from the Commission on Professional and Hospital Activities (CPHA) in Ann Arbor, Michigan, a nonprofit computer center. Information flows into the system through a discharge abstract completed by the hospital medical record department on every discharged patient. The patient information is displayed back to the hospital…