PYA Publishes Definitive Glossary of Terms for Payment and Delivery System Reform

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An essential reference tool from national healthcare consulting firm PYA helps the healthcare industry decipher the latest terminology in payment and delivery system reform.

Pershing Yoakley & Associates provides a reference guide with A Glossary of Terms For Payment & Delivery System Reform

PYA's Glossary of Terms For Payment & Delivery System Reform

Compiled from hundreds of resources, the information used in developing the definitions has been run through a rigorous review process to help determine the best way to introduce each term

Health insurance reform, payment and delivery system reform, accountable care organizations, clinical integration, evidence-based medicine, value-based purchasing, telehealth, and big data— these buzzwords are working their way into news reports, board rooms, and day-to-day operations. But what do all of these terms mean? How can we be sure two people using the same term intend the same thing?

In an effort to get everyone on the same page, PYA has released a new reference tool providing straightforward, no-frills definitions for dozens of key terms.

“What’s It All Mean? A Glossary of Terms for Payment and Delivery System Reform” is PYA’s latest reference tool for healthcare providers, including governing bodies, management, clinicians, and front-line staff. The glossary covers dozens of terms, grouped into five subject areas: (1) big concepts; (2) clinical practice; (3) provider organizations and arrangements; (4) payment models and related concepts; and (5) technology.

Compiled from hundreds of resources, the information used in developing the definitions has been run through a rigorous review process to help determine the best way to introduce each term. The glossary aims to provide “a common starting point for discussions and decision-making regarding reform.”

In addition to serving as a ready-to-use desk reference, the white paper is also a work in progress. Its authors plan to revise and update the glossary on a regular basis and invite future submissions of terms to include.        

PYA assists health systems in meeting challenges by providing education for governing bodies, leadership teams, and medical staffs; facilitating dialogue in the board room; performing governance effectiveness reviews; and identifying, developing, and implementing strategic initiatives.

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About PYA

For over three decades, Pershing Yoakley & Associates (PYA) has provided timely insight and strategic support, helping clients thrive in the midst of rapid change. PYA is ranked by Modern Healthcare as the nation’s twelfth largest privately held healthcare management consulting firm. For more information, visit http://www.pyapc.com/.

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David McMillan

Martie Ross
PYA
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