Magnet Hospital or Institution

The Magnet Recognition Program was created by the American Nurses Credentialing Center (ANCC) to recognize healthcare organizations that provide nursing excellence. Institutions designated as “magnet” hospitals are recognized for their ability to attract...

Health Reimbursement Account (HRA)

Health Reimbursement Accounts or Health Reimbursement Arrangements (HRAs) are Internal Revenue Service (IRS)-sanctioned programs that allow an employer to set aside funds to reimburse medical expenses paid by participating employees. Using an HRA yields “tax...

Healthcare Common Procedure Coding System (HCPCS)

Medicare and Medicaid use HCPCS (Healthcare Common Procedure Coding System) which is based on the American Medical Association’s CPT system. Codes are globally grouped into Level I and Level II: Level I codes include the 5-digit numeric CPT (Current Procedural...

Health Savings Account (HSA)

An HSA is a medical savings account that allows individuals and employers with high-deductible insurance policies to contribute tax free to an account to pay current or future qualified medical expenses.