1. Person to whom money is owed either directly or indirectly. 2. Individual who offers or extends credit creating a debt or to whom a debt is owed.
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The person to whom a debt is owed.

Represent insurance underwriting factors that have a favorable effect on an individual’s mortality rating. Credits are assigned negative values.

Word used to count toward eligibility for future Social Security benefits. Individuals work and pay taxes and earn credits. A maximum of four credits can be earned each year. Most people need 40 credits to qualify for benefits. Younger people need fewer credits to qualify for disability or survivors’ benefits. Work credits were formerly called quarters of coverage.

1. Expected levels of achievement or specifications against which performance can be assessed. 2. Guidelines or standards of medical care that compare the necessity, appropriateness, or quality of medical services.

Freestanding hospital emergency department that gives limited inpatient care to stabilize a patient before discharge or transfer to an essential access community hospital (EACH) for extensive treatment. This was established as part of the Balanced Budget Act of 1997 (BBA) Medicare Rural Hospital Flexibility Program to replace the Essential Access Community and Rural Primary Care Hospital Programs.

Intensive care provided in a variety of settings for acute life-threatening conditions that requires constant bedside attention by a physician.

Area or section within a hospital facility with special equipment designed for treatment of patients with sudden, life-threatening conditions such as intensive care unit (ICU), medical intensive care unit (MICU), surgical intensive care unit (SICU), pediatric intensive care unit (PICU), neonatal intensive care unit (NICU), coronary care unit (CCU), and the burn unit.

Arrangement of buy-sell arrangements made by business owners while living, which in the event of an owner’s death, binds the shareholders or partners to purchase the deceased’s interests in the business.
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A form of business insurance in which each party to a mutual agreement (usually to buy out a disabled or deceased co-owner) insures each of the other parties.

Buy-sell contract that is often funded with life insurance policies owned by each business principal on the lives of all other business principals.
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A binding buy-sell agreement usually used with a partnership in which each partner agrees to purchase the business interest of a deceased or disabled partner.