The Most Common Method Businesses Use to Quantify the Value

question 4

True/False

The most common method businesses use to quantify the value of workplace health programs is through measuring their return on investment (ROI).

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Definitions:

Practice Management

Administration of the day-to-day operations of a medical, dental, or healthcare practice, including staffing, budgeting, and patient care.

Electronic Medical Record

A digital version of a patient's paper chart, which contains the medical and treatment history of a patient across different healthcare providers.

Financial Components

The fundamental parts of financial analysis including assets, liabilities, equity, income, and expenses.

Collection Agencies

Companies that specialize in recovering funds that are past due or owed by individuals or businesses.