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Health Information Technology (HIT) Is Rapidly Expanding and Is Impacting

question 14

Multiple Choice

Health information technology (HIT) is rapidly expanding and is impacting healthcare teams. HIT can support collaborative team practice when it is designed to include:


Definitions:

Output

The total amount of goods or services produced by a company, industry, or economic system.

Price

The amount of money required to purchase a good or service, set by the interplay of supply and demand forces in the market.

Total Cost

The full expense incurred in the production or acquisition of goods or services, including both fixed and variable costs.

Marginal Cost

The supplementary charge triggered by the manufacture of one extra unit of a product or service.

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