Health Level Seven (HL7) Is A

question 59

Multiple Choice

Health Level Seven (HL7) is a:

• A) Committee working on electronic health records for federal entities only
• B) Committee established by the President of the United States to investigate the use of electronic health records
• C) Health clinic for seven boroughs in New York City
• D) Standards development organization whose domain is clinical and administrative data

---

Definitions:

Return on Investment

A financial metric evaluating the profitability or effectiveness of an investment, calculated by dividing net profit by the investment's cost.

Common Fixed Costs

Costs that do not change with the level of production or sales and are shared across different products or departments within a company.

Decision Making

The process of choosing among alternative courses of action or solutions to a problem in order to achieve a desired outcome.

Outside Supplier

An outside supplier is an external entity that provides goods or services to a company, typically not affiliated with the company’s internal supply chain.