Author: Glossary

The ability to turn assets into cash.  

Maintenance of vital body functions, e.g. breathing and heartbeat, to sustain life. A system involving equipment and procedures that provides all or some of the bodily functions necessary to maintain life. Life support may involve providing oxygen, nutrients, and water and eliminating carbon dioxide and other body wastes. The most commonly used form of life…

A long-term care arrangement (“alternative”) in which all care required for the lifetime of the participant is provided. A retirement home which agrees to provide not only facilities for independent living, but also nursing care and hospitalization to residents as needed, is a “life care community.”  

Having a legal right, granted by a government agency, in compliance with a statute governing a profession (such as medicine or nursing), occupation, or the operation of an activity (such as a hospital).  

Financed largely by borrowed funds.  

Financing by borrowing.  

The amount (intensity) and kind of professional nursing care required for a patient in order to achieve the desired medical and nursing care objectives for the patient, that is, to carry out the orders of the attending physician and to meet the patient’s nursing care needs. The term “level of care” is primarily used outside…

A computer term referring to an inherited set of independent computer systems within an organization (enterprise). The term comes into use as enterprises seek to consolidate the systems of the past into a single information source, either by somehow linking them together so that they can communicate with each other (and with the inquirer) or,…