Hospitalist

Hospitalists are physicians who work full-time in the hospital setting. Hospitalists typically work long shifts, often 12 hours at a time and may work 5 to 10 days in a row, taking 5 to 10 days off in rotation. Hospitalists may be employed by the hospitals or by...

Economies of Scale

Economies of scale is a term used by economists to refer to the situation in which the cost of producing an additional unit of output (i.e., the marginal cost) of a product (i.e., a good or service) decreases as the volume of output (i.e., the scale of production)...

Shadow Billing (hospitals)

“Shadow billing”, synonymous with “no pay” or “information only” claims, is an unofficial term that refers to the process wherein hospitals submit claims to their Medicare Administrative Contractor (MAC) for inpatient services...

Jumping the Shark

Jumping the Shark means that the craze has ended.  The Urban Dictionary describes it as “a term to describe a moment when something that was once great has reached a point where it will now decline in quality and popularity.  Origin of this phrase comes from a...

Ambient Intelligence (AmI)

From Wikipedia “In computing, ambient intelligence (AmI) refers to electronic environments that are sensitive and responsive to the presence of people. Ambient intelligence is a vision on the future of consumer electronics, telecommunications and computing that...