Glossary

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A

Accounts Payable

ATC

ALOS

Admin fee percentage

Acute Care

Acquisition Cost

ASA Score

Admin fee refund

Approval

Age Bucket

Admin Fee

AI agent

B

Bidder

Bill of Material (BOM)

BMI Bucket

C

Capacity Planning

Contract Category

Consumables

Cost of Purchasing

Cost of Goods

Contract Management System (CMS)

Cost, Quality, Outcome (CQO)

CQO Data

D

Direct Material Cost

Diagnostic Data

Document AI

Direct Spend

Distributor

Diabetic Status

Data Lake

E

eProcurement

Enterprise Resource Planning (ERP)

Ethnicity

F

Forms of Preference Card

Fixed Direct Cost

Functional equivalency

Facility

G

GMDN

GPO

Gender

GMLOS

H

HIPPA

Hybrid Control Tower

Hospital database

Hallucination

I

Integrated Delivery Network (IDN)

Item Master management

Inpatient

Indirect Cost

Item Master

Implants

Indirect Spend

Item Master integration

L

LOS

Local GPO's

M

Material Spend

Manufacturer

Material Management Information System (MMIS)

Market

Mergers and Acquisition

Mortality Rate

N

NDC

National GPO

NDC & ATC Classification

Non-Acute Care

O

Outcome

Outcome Score

Outpatient

P

Personal Protective Equipment

PPI Cost

Preference Card Clean up

Procure to Pay

Purchase Order (PO)

Patient Type

Procedure Cost

Product Benchmarking

Physician Preference Item (PPI)

Preference Card

Preference Card Management

Product Recall

Patient Demographics

Physician Scorecard

Procedure Count

PPE estimator

Preference Card Analysis

Pricing and promotion

Provider

Patient Count

Procedure

Product

Q

Question Bank

R

Requisition

Recommendation

RFI

Readmission Rate

RFP

S

Software as a service (SaaS)

Supplier

Service Line

Safe Harbour

Spend Analysis

Supplier database

Smoking Status

Subscription Fee

Spend lever

SSI Rate

T

Total Indirect Cost

Transfusion Rate

U

Unit of Measurement

Utilization Analysis

UNSPSC

Utilization

V

Value Analysis

Virtual Item Master

Variable Direct Cost

W

Weightage for Outcome