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17 Terms
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1
Channel Partners
Organizations such as insurance companies and healthcare providers that partner with DispatchHealth to expand access to healthcare services.
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2
Target Market Fit
The degree to which a channel partner serves the right patient demographics for DispatchHealth.
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3
Contribution Margin (CM)
The difference between revenue and variable costs, used to measure profitability per patient visit.
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4
Social Enterprise
A business model that combines profit-making strategies with social missions to improve access to services like healthcare.
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5
Cash Burn Rate
The rate at which a company spends its cash reserves, measured as net cash outflow per month.
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6
Financial Attractiveness
An evaluation criterion assessing how profitable a partnership with a channel partner will be.
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7
Aligned Interests
The alignment of a channel partner's goals and mission with those of DispatchHealth.
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8
Income Statement
A financial statement that measures revenue and expenses to calculate profit over a specific period.
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9
Balance Sheet
A financial statement that shows a company's assets, liabilities, and equity at a specific point in time.
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10
Statement of Cash Flows
A financial statement that provides insights into cash movements from operations, investing, and financing activities.
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11
Long-Term Growth Potential
The potential for a channel partner to expand and grow in the future.
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12
Psychological Safety
An environment where team members feel safe to express their thoughts and concerns without fear of negative consequences.
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13
Private Insurance Contribution Margin
The contribution margin percentage from private insurance, typically the highest among payers at 75%.
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14
Medicare Contribution Margin
The contribution margin percentage from Medicare, generally at 46.67%.
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15
Medicaid Contribution Margin
The contribution margin percentage from Medicaid, usually significantly lower at 20%.
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16
Cash Runway
The length of time a company can continue operating with its current cash reserves before depleting them.
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17
Constructive Conflict
A type of conflict that encourages open discussion and leads to improved decision-making.
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