The SEER database contains information obtained from state-issued death certificates about the causes of death [96], and data collected from the US Census Bureau can be used to compute mortality statistics. These data are used for the PMR studies. The PMR and standardized mortality ratio (SMR)...
Medication nonadherence is one of the largest problems in healthcare today, particularly for patients undergoing long-term pharmacotherapy. To combat nonadherence, it is often recommended to prescribe so-called “forgiving” drugs, which maintain their effect despite lapses in patient adherence. Neverthele...
Step 4: Compute the Minimum Payment The minimum payment can be calculated by adding the accrued interest to a portion of the principal amount. For instance, a common approach is to compute the minimum payment as a percentage of the outstanding balance, ensuring that it covers the accrued intere...
In simple terms, extrinsic value refers to the additional value that an option has beyond its intrinsic value. Options are financial derivatives that give investors the right, but not the obligation, to buy or sell an underlying asset at a specific price within a certain time period. The extri...
The robotics space is expected to see continued advancements in AI integration, leading to smarter and more adaptable robots. Human-robot collaboration, especially in industries like manufacturing and healthcare, will expand. Additionally, smaller robots, sustainability-focused designs, and increased regula...
A Flexible Spending Account is a pre-taxed payroll deduction by an employer to fund an account for employee expenses such as insurance copays or over-the-counter medication. There are two types of FSAs: Medical FSA: A medical FSA allows employees to set aside pre-tax dollars to pay for qu...
how an immune cell responds to an infection, what happens at the cellular level when a child is born with a rare disease, or even how a patient’s body will respond to a new medication. Scientific discovery, patient diagnosis, and treatment decisions would all become faster, safer, and mor...
Various types of robots are used in the healthcare industry to enhance the patient experience. AMRs are used to deliver medication, disinfect surfaces, or provide mobile telepresence functionality. Cobots are also used to assist medical professionals during rehabilitation or to help nurses better serve...
be split between you and the insurance provider. Copayments or copay is one of the ways to do this. Copayments have a flat rate depending on the specific service or prescription. For example, the flat rate for a check-up would be different from the flat rate for prescription medication....
prescription medication emergency services As previously stated, health insurance follows a cost-sharing set-up through the use of some of the major features in a health insurance plan such as the coinsurance. Let’s take a look at these other features to better understand how coinsurance works....