Glossary

Acronyms
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Glossary and Acronyms
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SUMMARIZED COST RATE

The ratio of the present value of expenditures to the present value of the taxable payroll for the years in a given period. In this context, the expenditures are on an incurred basis and exclude costs for those uninsured persons for whom payments are reimbursed from the general fund of the Treasury, and for voluntary enrollees, who pay a premium in order to be enrolled. The summarized cost rate includes the cost of reaching and maintaining a "target" trust fund level, known as a contingency fund ratio. Because a trust fund level of about 1 year's expenditures is considered to be an adequate reserve for unforeseen contingencies, the targeted contingency fund ratio used in determining summarized cost rates is 100 percent of annual expenditures. Accordingly, the summarized cost rate is equal to the ratio of (1) the sum of the present value of the outgo during the period, plus the present value of the targeted ending trust fund level, plus the beginning trust fund level, to (2) the present value of the taxable payroll during the period.

SUBSTANTIAL FINANCIAL RISK

Means an incentive arrangement that places the physician or physician group at risk for amounts beyond the risk threshold, if the risk is based on the use or costs of referral services. The risk threshold is 25%. However, if the patient panel is greater than 25,000 patients, then the physician group is not considered to be at substantial financial risk because the risk is spread over the large number of patients. Stop loss and beneficiary surveys would not be required.

SUBSIDIZED SENIOR HOUSING

A type of program, available through the Federal Department of Housing and Urban Development and some States, to help people with low or moderate incomes pay for housing.

STRATEGIC NATIONAL IMPLEMENTATION PROCESS

A national WEDI effort for helping the health care industry identify and resolve HIPAA implementation issues.

STOCHASTIC MODEL

An analysis involving a random variable. For example, a stochastic model may include a frequency distribution for one assumption. From the frequency distribution, possible outcomes for the assumption are selected randomly for use in an illustration.

STATUS LOCATION

An indicator on a claim record describing the queue where the claim is currently situated and the action that needs to be performed on the claim.

STATE UNIFORM BILLING COMMITTEE

A state-specific affiliate of the NUBC.

STATE SURVEY AGENCY

Agency that inspects dialysis facilities and makes sure that Medicare standards are met.

STATE SURVEY

Under §1864 of the Act, CMS has entered into agreements with agencies of State governments, typically the agency that licenses health facilities within the State Health Departments, to conduct surveys of Medicare participating providers and suppliers for purposes of determining compliance with Medicare requirements for participation in the Medicare program.

STATE OR LOCAL PUBLIC HEALTH CLINIC

A facility maintained by either State or local health departments that provides ambulatory primary medical care under the general direction of a physician.