An accounting practice that calculates how the value of a loan or intangible asset is lowered over time. For instance, amortization of a loan calculates how the principal and interest of that loan are paid down by installment payments. Similarly, amortization of an intangible asset typically calculates the costs of capital expenses related to that asset in incremental amounts spread over the course of its useful life.
The Private Equity practice of buying a top-performing platform company as a core business, and then using that company’s strengths to grow and build the platform through additional mergers and acquisitions.
An aggregated method of payment to healthcare providers where an insurer pays a fixed annual fee per covered patient that's intended to reimburse providers for all services rendered. This method is typically used in place of the conventional "fee-for-service" reimbursement structure.
A key metric in a SaaS business, churn represents the percentage rate at which customers cancel their software subscriptions within a certain time period. Churn is used primarily to forecast future losses in a SaaS subscriber base.
A data visualization tool that aggregates and displays KPIs (key performance indicators) and other data all in one place. Microsoft Power BI is the primary Dashboard tool used by the engineers at Blue Margin Inc.
A system for organizing data structures and relationship within a given database or data warehouse that shows how information is stored, processed, and accessed. In Microsoft Power BI this indicates a map of the data’s organization presented in table format.
A term used to refer to inaccurate, or unusable data files. This can include data that is duplicated, that is incomplete, that is erroneous in some way, that is incorrectly formatted, that is not integrated or mis-integrated into a data management system, that violates business rule functionality, and so on.
ESG stands for “environmental, social, and governance.” It’s is a standard rating model that investors use to make an at-a-glance assessment a company’s performance in areas of social impact, such as carbon footprints, labor policies, BIPOC representation, and so on.
An acronym that stands for “Extract, Transform, and Load” It’s the Power BI process of taking data from a source, transforming it into a shape that’s useful for reporting, and using it to generate data-driven Tooltips.
An acronym that stands for "Free Cash Flow to Firm." It refers to money generated by a company that's potentially available for distribution to investors (equity and debt) after certain expenses and operating costs are deducted. It's also called "Unlevered Free Cash Flow."
A common method of payment to healthcare providers where each individual service provided is billed and paid for as it occurs. This method is typically used instead of a capitation reimbursement structure.
An acronym that stands for "Job-Integrated Access." It's a corporate transparency metric for measuring how effective a company’s internal communication vehicles are at reaching employees in specific job functions.
A manufacturing strategy designed to increase cash flow that works to align the timeliness of supply orders, parts, and inventory so they are delivered only when they’re needed rather than stockpiling such inventory in advance.
In hospital administration, this refers to how many days a patient is cared for within a hospital’s premises. As such, Length of Stay is a critical metric used to determine the efficiency of a healthcare facility.
An acronym that stands for “Multiple On Invested Capital.” It’s a means used by Private Equity for assessing the cash return on investment. MOIC is calculated as the cash return divided by the invested capital.
An acronym, that stands for, "Mean Time Between Failure." Used primarily in the manufacturing industry, it refers to the predicted amount of time lost due to mechanical failures that are typical in machinery use.
In the Fintech industry, P2P is an abbreviation that refers to "person-to-person" or "peer-to-peer" payments. For instance, when one individual transfers money electronically to another through a service like PayPal, or directly from one bank account to another.
A management process in healthcare which tracks all administrative and clinical functions of patient billing cycles from beginning to end. This includes billable events such as appointments, admissions, tests administered, treatments, and payments.
The amount of materials (such as data or parts or other products) that pass through a system or machine in a specified time period. Throughput is a particularly important measure in manufacturing and in computer technology.
Also known as “Value-Based Healthcare” and “Pay for Performance (P4P),” this is a system in which an insurer requires a healthcare provider to meet specific performance standards in order to receive payment.