by Mary Pat Whaley | Jul 21, 2011 | Definitions
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...
by Bob Whaley | Jul 7, 2011 | Definitions
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...
by Bob Whaley | Jul 7, 2011 | Definitions
HIPAA Law The Health Insurance Portability and Accountability Act of 1996 (HIPAA) includes provisions related to insurance, privacy, security, transactions and code sets. The Administrative Simplification Compliance Act (ASCA) amended the Health Insurance Portability...
by Bob Whaley | Jul 7, 2011 | Definitions
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...
by Bob Whaley | Jul 7, 2011 | Definitions
An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number (TIN), and is used to identify a business entity.
by Bob Whaley | Jul 7, 2011 | Definitions
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.