Glossary

Acronyms
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Glossary and Acronyms
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BOARD HEARING

That hearing provided for in section 1878(a) of the Act (42 U.S.C. 139500(a)) and 42 CFR §405.1835.

BOARD OF TRUSTEES

A Board established by the Social Security Act to oversee the financial operations of the Federal Supplementary Medical Insurance Trust Fund. The Board is composed of six members, four of whom serve automatically by virtue of their positions in the federal government: the Secretary of the Treasury, who is the Managing Trustee; the Secretary of Labor; the Secretary of Health and Human Services; and the Commissioner of Social Security. The other two members are appointed by the President and confirmed by the Senate to serve as public representatives. John L. Palmer and Thomas R. Saving began serving their 4-year terms on October 28, 2000. The Administrator of CMS serves as Secretary of the Board of Trustees.

BOARD-CERTIFIED

This means a doctor has special training in a certain area of medicine and has passed an advanced exam in that area of medicine. Both primary care doctors and specialists may be board-certified.

BODY RECORD

The body or data record contains information on a single OASIS-B1 patient assessment.

BOND

A certificate of ownership of a specified portion of a debt due by the federal government to holders, bearing a fixed rate of interest.

BONUS

Means a payment a physician or entity receives beyond any salary, fee-for-service payments, capitation or returned withhold. Bonuses and other compensation that are not based on referral or utilization levels (such as bonuses based solely on quality of care, patient satisfaction or physician participation on a committee) are not considered in the calculation of substantial financial risk.

BUSINESS ASSOCIATE

A person or organization that performs a function or activity on behalf of a covered entity, but is not part of the covered entity's workforce. A business associate can also be a covered entity in its own right. Also see Part II, 45 CFR 160.103.

BUSINESS MODEL

A model of a business organization or process.

BUSINESS PARTNER

See Business Associate.

BUSINESS RELATIONSHIPS

The term agent is often used to describe a person or organization that assumes some of the responsibilities of another one. This term has been avoided in the final rules so that a more HIPAA-specific meaning could be used for business associate.