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The Globalization of Healthcare Has Occurred Because of the The Increase

question 41

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The globalization of healthcare has occurred because of the the increase in services offered outside the U.S. and the impact of information technology.


Definitions:

Credited

Recognized or accounted for, often referring to the addition of funds to an account.

Selling Price

The price at which a product or service is sold to the purchaser, often determined by the cost of production, market demand, and competition.

Cost

The amount of money required to purchase something or the expense associated with creating a product or service.

Mark-up

The extra sum included in the goods' selling price to cover both overhead expenses and profit.

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