Which of the Following Is a Potential Benefit in Having

question 9

Multiple Choice

Which of the following is a potential benefit in having clinical data automated and able to exchange with other care settings?

• A) Lower cost to the patient
• B) Reduction in the number of repeat tests needed
• C) Ability to more quickly identify relevant information about the patient (allergies, etc.)
• D) Ability to offer insurance to all Americans
• E) Both reduction in the number of repeat tests needed and the ability to more quickly identify relevant information about the patient

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Definitions:

Cost of Capital

The cost of capital represents the minimum return a company needs to achieve to justify the risk of the investment, encompassing the cost of debt and equity.

Mutually Exclusive

Events or choices that cannot occur or be chosen at the same time.

Internal Rate of Return

A metric used in capital budgeting to estimate the profitability of potential investments, calculated as the rate of return that makes the net present value of all cash flows from a particular project zero.

Cost of Capital

The rate of return a business needs to generate in order to meet the demands of its creditors and investors, used in evaluating new projects.