The Group Working to Establish Uniform Standards for the Electronic

question 43

Multiple Choice

The group working to establish uniform standards for the electronic exchange of clinical health information among federal health care agencies is:

• A) CMS
• B) Consolidated Health Informatics
• C) HIPAA
• D) HITECH

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Definitions:

Midpoint Formula

A method used in economics to calculate the elasticity of demand or supply between two points on a curve by averaging the quantities and prices.

Price Elasticity

A parameter that quantifies the change in demand for a commodity in response to its price alterations.

Midpoint Formula

A mathematical method used to find the midpoint or average between two points, often used in economics to calculate price or quantity averages.

Price Inelastic

Describes a situation where the demand for a product does not change significantly with a change in its price.