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You are here > Home > Managed Care Terminology > V Words Glossary of Terms in Managed Health Care The following are definitions of commonly used terms in the medical provider, hospital and managed care industries. This dictionary is comprised of 26 individual pages, one for each letter of the alphabet. To find a certain word that starts with this letter of the alphabet, may we suggest that you please try the "find" or "search" function in your browser. Or you may simply scroll down the list. If your word starts with another letter, please use the alphabet index below. This glossary can also be purchased
in printed book format if you would like to have it handy.
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Search | V Validation - The process by which the integrity and correctness of data are established. Validation processes can occur immediately after a data item is collected or after a complete set of data is collected. A key concept in transmittal of electronic health records and HIPAA rules.
Variable
Contribution Health Plan – In contrast to a fixed contribution
plan, a variable contribution involves employers committing to a specified level
of benefits funding for its employees, regardless of the actual benefit price.
Employers are thus locked into variable contribution arrangements because they
are committed to funding a certain benefit structure without knowing what the
future costs may be if premiums are raised. See also Fixed Contribution Health
Plan. Vertical
Disintegration - A practice of selling off health plan subsidiaries or
provider activities. Vertical disintegration was a trend in the late 1990s. Vertical
Integration - Organization of production whereby one business entity
controls or owns all stages of the production and distribution of goods or
services. In health care, vertical integration can take many forms, but,
generally implies that physicians, hospitals and health plans have combined
their organizations or processes in some manner to increase efficiencies,
increase competitive strength or to improve quality of care. Integrated delivery
systems or healthcare networks are generally vertically integrated. Also see
IDS, AHP, horizontal integration. Vital Statistics -
Statistics relating to births (natality), deaths (mortality), marriages,
health, and disease (morbidity). Vital statistics for the United States are
published by the National Center for Health Statistics. Vital statistics can be
obtained from CDC, state health departments, county health departments and other
agencies. An individual patient's vital statistics in a health care setting may
also refer simply to blood pressure, temperature, height and weight, etc. Volume and
Intensity of Services - The quantity of health care services per enrollee,
taking into account both the number and the complexity of the services provided.
Volume Performance
Standard (VPS) System - The VPS provides a mechanism to adjust fee updates
for the Medicare Fee Schedule based on how annual increases in actual
expenditures compare with previously determined performance standard rates of
increase. A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | Search Copyright© 1997 - 2007, Pam Pohly, All Rights Reserved. "Argue for your limitations and sure enough they are
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