A Physician Is Using an Electronic Health Record in a Clinic

question 32

Multiple Choice

A physician is using an electronic health record in a clinic that can be accessed by a partnering healthcare provider in another facility. This is an example of which of the following?

• A) Interoperability
• B) Open source access
• C) Repository
• D) Integration

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Definitions:

Economic Cost

The total cost of choosing one action over another, including both the costs incurred and the opportunity costs of forgone alternatives.

Financial Capital

Refers to the funds provided by lenders (and investors) to businesses to purchase real capital.

Machinery

Equipment and devices that perform specific tasks in industries, contributing to production processes.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, representing the financial gain in conducting business activities.