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If a Company Has a Controlling Influence Over Another Company,the

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If a company has a controlling influence over another company,the controlling investor is called the parent,and the investee company is called the subsidiary.


Definitions:

Adult Children

Adult offspring who may still maintain a dependent relationship with their parents or are considered in relation to their parents.

Medicare

Federally funded national health insurance program in the United States for people over 65 years of age. The program is administered in two parts. Part A provides basic protection against costs of medical, surgical, and psychiatric hospital care. Part B is a voluntary medical insurance program financed in part from federal funds and in part from premiums contributed by people enrolled in the program.

Diagnosis-Related Groups

A system used to classify hospital cases into groups based on diagnosis, treatment difficulty, and resource use, to determine how much hospitals get paid.

Capitation

Payment mechanism in which a provider (e.g., health care network) receives a fixed amount of payment per enrollee.

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