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Interim Report of the Committee on Geographic Variation in Health Care Spending and Promotion of High-Value Care Preliminary Committee Observations (2013) / Chapter Skim
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Appendix A: Glossary
Pages 35-38

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From page 35...
... The committee uses the CV to compare the degree of variability in Medicare and commercial populations with respect to health care spending and use. Because both the numerator and the denominator of this variable are in the same units, the magnitude of the CV does not depend on the units in which it is measured (e.g., dollars or thousands of dollars)
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From page 36...
... Price: The amount paid by insurers and beneficiaries to a provider for health care services. Quality: The degree to which health care services for individuals and populations increase the likelihood of patient-desired health outcomes and are consistent with current professional knowledge.
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From page 37...
... Value index: A relative measure of value, e.g., a measure of improvement in patient-centered, clinical health outcomes per unit of resources use in one area relative to the national average.
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Key Terms

  • care services
  • variable increases
  • predictor variables
  • hospital referral
  • expected value

  • home health
  • association meaning
  • medicare advantage
  • actual spending
  • covers inpatient

  • outpatient prescription
  • private plan
  • advantage program
  • drug benefit
  • covered benefits

  • total health
  • preferred provider
  • plans receive
  • modernization act
  • dependent variable

  • physician services
  • medical providers
  • maintenance organization
  • care cost
  • drug benefits

  • professional knowledge
  • statistical technique
  • nursing facility
  • variables x
  • care spending


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