Word of the Day: Pay-for-Performance

Pay-for-Performance: The use of incentives to encourage and reinforce the delivery of evidence-based practices in the health care system transformation that promote better outcomes as efficiently as possible.

Word of the Day: Interoperability

Interoperability: The ability to exchange and use information (usually in a large heterogeneous network made up of several local area networks). Interoperable systems reflect the ability of software and hardware on multiple machines from multiple vendors to communicate.

Word of the Day: Electronic Media

Electronic Media: Electronic storage media including memory devices in computers (hard drives) and any removable/transportable digital memory medium, such as magnetic tape or disk, optical disk, or digital memory card; or transmission media used to exchange information already in electronic storage media. Transmission media include the Internet (wide open), extranet (using Internet technology to link a business with information accessible only to collaborating parties), leased lines, dial-up lines, private networks, and the physical movement of removable/transportable electronic storage media. Written communications sent via facsimile (not from one computer to another) and verbal information exchanges are not considered electronic media.

Word of the Day: Data Storage

Data Storage: Computer storage is the holding of data in an electromagnetic form for access by a computer processor. Primary storage are data in random access memory (RAM) and other “built-in” devices. Secondary storage are data on hard disk, tapes, and other external devices.

Word of the Day: Benchmarking

Benchmarking: Continuous process whereby an enterprise measures and compares all of its functions, systems, and practices against strong competitors, identifying quality gaps in the organization, and striving to achieve competitive advantage locally and globally.

Word of the Day: Request for Proposal

Request for Proposal (RFP): A compilation of factors the buyer will consider before making a purchase. An RFP is typically sent to two or more potential responders and always contains a due date and contact person in the event those bidding on the proposal have additional questions.

Word of the Day: Evidence-Based Medicine

Evidence-Based Medicine: The conscientious, explicit, and judicious use of current best evidence in making decisions about the care of individual patients. The practice of evidence-based medicine means integrating individual clinical expertise with the best available external clinical evidence from systematic research.

Word of the Day: Digital Signature

Digital Signature: An electronic signature, which serves as a unique identifier for an individual, much like a written signature, in which an algorithm authenticates the integrity of the signed data and the identity of the signatory.

Word of the Day: Health Level 7 (HL7)

Health Level 7 (HL7): One of several American National Standards Institute (ANSI)-accredited standards developing organizations (SDOs) operating in the health care arena. Most SDOs produce standards (sometimes called specifications or protocols) for a particular health care domain such as pharmacy, medical devices, imaging, or insurance (claims processing) transactions. HL7’s domain is clinical and administrative data.