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Financial Medicine
Financial Medicine (pronunciation: /fɪˈnænʃəl ˈmɛdɪsɪn/) is a branch of medicine that deals with the financial aspects of healthcare, including the cost of treatments, insurance, and healthcare economics.
Etymology
The term "Financial Medicine" is a combination of the words "financial", derived from the Latin word "financia", meaning "money matters", and "medicine", derived from the Latin word "medicina", meaning "the art of healing".
Related Terms
- Healthcare Economics: The branch of economics concerned with issues related to efficiency, effectiveness, value and behavior in the production and consumption of health and healthcare.
- Medical Billing: The process of submitting and following up on claims with health insurance companies in order to receive payment for services rendered by a healthcare provider.
- Health Insurance: A type of insurance coverage that pays for medical and surgical expenses incurred by the insured.
- Cost-Effectiveness Analysis in Healthcare: A form of economic analysis that compares the relative costs and outcomes (effects) of different courses of action in healthcare.
- Healthcare Financing: The management of funds for the provision of healthcare services.
See Also
External links
- Medical encyclopedia article on Financial
- Wikipedia's article - Financial
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