Operations Director: Individual who typically oversees claims, management information services, enrollment, underwriting, member services, and office management.

 

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Operations Director: Individual who typically oversees claims, management information services, enrollment, underwriting, member services, and office management.

Net Cash Provided By Operations: On a cash flow statement, net income plus non-cash transactions and the net amount of changes in operating assets and liabilities.

Open-Market Operations: Open-market operations allow the Fed to implement its monetary policy and regulate the money supply. The Federal Reserve’s Open Market Committee (FOMC) regularly instructs the securities des . . . View Full Definition

Musical Director: Person who selects and arranges the music for a program.

Medical Director: Manager in a healthcare organization responsible for provider relations, provider recruiting, quality and utilization management, and medical policy.

Income Statement (Statement Of Operations): A financial report that shows a company's performance over a specified period of time by subtracting expenses from revenue to obtain net income. Also known as a profit and loss statement (P& . . . View Full Definition

Interlocking Directorate: Describes cross-memberships of directors on each other's company Board of Directors.

Marketing Director: Individual responsible for marketing a managed care plan, whose duties include oversight of marketing representatives, advertising, client relations, and enrollment forecasting.

Outside Director: A director of a company who is not an employee of that company and brings in outside experience to help make board decisions.

Provider Directory: Provider directories are listings of providers who have contracted with a managed care network to provide care to its participants. Participants may refer to the directory to select in-netwo . . . View Full Definition