Value

CPT Codes Set of health care procedure codes based on the American Medical Association's Current Procedural Terminology Established in 1978 to provide a standardized coding system for describing specific items and services provided in delivering health care. Daniel Palestrant comes right back from his opening salvo of last...

I am in Washington DC to participate in the 6th Annual World Health Care Congress. It is a power packed meeting with tons of interesting speakers, presentations, announcements from many of the thought leaders throughout the industry. The demographics of this conference are certainly older,...

Realization (rē'ə-lĭ-zā'shən) The act of realizing or the condition of being realized. The result of realizing. Today, I am meeting with the X PRIZE Foundation at our 2nd Health Advisor Summit meeting in Washington, DC. We have gathered a small subset of health care thought leaders, innovators, providers,...

Pitiful (pĭt'ĭ-fəl) adj. Inspiring or deserving pity. Arousing contemptuous pity, as through ineptitude or inadequacy. There have been several interesting reports that have recently been published regarding the adoption and use of Electronic Health Records (EHR) by our health care system. The articles provide an interesting...

Microcapitation (mī‘kro kăp’ĭ-tā‘sh en) n. A health care delivery mechanism wherein a service provider contracts with an administrator to provide health care services on a per capita basis. A financing mechanism wherein a service provider assumes financial risk, is compensated at a fixed per capita...

Vitality (vī-tăl'ĭ-tē) The capacity to live, grow, or develop. Physical or intellectual vigor; energy. The characteristic, principle, or force that distinguishes living things from nonliving things. I am finding it hard to use financial analogies these days to explain health care concepts given recent events. It’s...