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Monday, October 20

Payment Bundling

A mechanism of provider payment where providers or hospitals receive a single payment for all of the care provided for an episode of illness, rather than per service. Total care provided for an episode of illness may include both acute and post-acute care.

Friday, October 17

Profit and Loss (P&L)

The revenues, costs and expenses incurred during a specific period of time, usually a fiscal quarter or year.

Thursday, October 16

Automatic Enrollment

Provision of the ACA requiring organizations with more than 200 full time employees to enroll all new full-time employees in a health plan.

Wednesday, October 15

Premium Subsidies

A fixed percentage of the premium cost that helps individuals purchase health coverage on the new health insurance exchanges.

Tuesday, October 14

General Practice

Also known as primary care providers or family doctors, these doctors do not have specialist training and offer a wide range of basic health care services.

Zero-Deductible Health Plan

A health insurance plan that pays covered medical claims without any deductible amount paid first by the plan enrollee, can also be referred to as…