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Human Relations/Communications

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Question
Answer
Who is considered the "father of medicine"   Hippocrates  
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MCO   Managed Care Organization  
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HMO   Health Maintenance Organization  
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PPO   Preferred Provider Organization  
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EPO   Exclusive Provider Organization  
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Gatekeeper   Primary Care Physician- HMO, keeps cost of healthcare down  
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POS   Point of Service Plan  
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IPA   Independent Practice Association  
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Solo Practice   MD owned - Only practioner  
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Sole Proprietorship   MD owned hires other practioners.  
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Group Practice   Three or more physicians share profit and loss Can consist of Partners and employees.  
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Professional Corporation   Managed by Shareholders with Board of Directors Set up so that the Physician has minimal personal loss Hospitals, Urgent Care,Dr Offices owned by hospital  
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Associate practice   Physicians agree to share expenses such as employee payroll, facility, general expenses, but profit and loss is their own.  
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Concierge Medical Care   AKA "retainer medicine" patient pays an annual fee or retainer  
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Health Maintenance Organization (HMO)   Healthcare services are made available to plan members for a predetermined fee or capitation rate- use a limited group of providers. PCP(Primary Care Physician – serves as gatekeeper. No copay or very Low  
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Preferred Provider Organization   No gatekeeper Can go out of network for an additional fee Copay  
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Exclusive Provider Organization   Combination of HMO and PPO concepts Providers limited to defined group Paid on modified fee- for- service  
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Holistic Medicine   Medical doctors of holistic medicine are usually DO Focus on physical, mental, and social well-being of the “whole” person  
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DO   Doctor of Osteopathy  
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Point of Service   Contracts with independent providers at a discounted rate. Members have a choice at the time service is rendered of receiving services from an HMO, PPO, or fee-for-service plan.  
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Fee for Service   Arrangement in which either the physician’s office or the patient files a claim to the insurance company, and the full amount allowed by the insurance company is collected.  
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Created by: Tonedeoliveira
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