There are more of these types of healthcare organizations.
What is non-profit institutions
100
The process of converting the goals and objectives of the organization's operating plan into financial terms.
What is Budgeting
100
The amount of reimbursement that is determined after the deliver of service.
What is retrospective reimbursement
100
GAAP
What is General Accepted Accounting Principles
200
Data is provided retrospectively to external users.
What is Financial Accounting
200
These organizations are owned by investors.
What is for-profit institutions
200
The annual budget that follows the strategic financial and operating plan.
What is Operating Budget
200
Method of reimbursement that is established before service is provided.
What is Prospective Reimbursement
200
RUG
What is Resource Utilization Group
300
Financial data is provided concurrently or prospectively to internal users.
What is Managerial Accounting
300
Type of non-profit which are categorized as private enterprises with no ownership interests.
What is Business Oriented organizations
300
These include expenses such as mortgage payments or rents, salaries and wages, benefits, utilities, supplies, and interest paid out.
What is Cash Outflow
300
An agreement under which a healthcare provider is paid a fixed amount per enrollee.
What is Capitation
300
DRG
What is Diagnosis Related Group
400
The process of providing oversight for the health care organization's day-to-day financial operations as well as planning the organization's long range financial direction.
What is Healthcare financial management
400
Corporations which are influenced by political interests but are exempt from taxation.
What is government-owned corporations
400
This budget includes data on forecasted utilization of specific services within the organization and third-party payer mix
What is Revenue Budget
400
A measure of total hospital care provided without payment.
What is Not covered or uncompensated care
400
TEFRA
What is Tax Equity and Fiscal Responsibility Act
500
Defined as their primary purpose as being "to provide both accounting and finance information that assists healthcare managers in accomplishing the organization's purposes."
Who is finance management
500
An institution that has limited obligation to provide indigent care.
What is For-profit institutions
500
This budget refers to the plan for expenditures for new facilities and equipment.
What is Capital Budget
500
The difference between the charge for a bed-day and the amount that the hospital has agreed to accept from the insurance provider.