The Initial Applications of Information Technology by Organizations Was in the Area

question 47

True/False

The initial applications of information technology by organizations was in the area of decision support systems.

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Definitions:

Joint Funding

Joint funding refers to the collaborative financial support provided by multiple organizations or sectors towards a common project or initiative.

Effective Date

The date when an agreement, policy, or contract becomes legally enforceable.

Insurance Policy

A contract between an insurer and a policyholder that provides compensation for specified losses in exchange for premiums paid.

Capitation

The health care provider is paid a fixed amount per member per month for each patient who is a member of a particular insurance organization regardless of whether services were provided.