Preadmission Testing on an Outpatient Basis Is More Frequently Performed

question 74

True/False

Preadmission testing on an outpatient basis is more frequently performed than is admitting patients a day or two early to perform such tests.

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Definitions:

Minimize

To reduce something to the smallest possible level or amount.

Profits

The financial gains obtained when revenues exceed the costs and expenses incurred to operate the business.

Total Costs

The sum of all costs incurred by a business in producing a certain amount of goods or services.

Variable Costs

Costs that change in proportion to the level of goods or services a business produces.