A Team Consisting of Preoperative, Operative, and Postoperative Health Care

question 8

Multiple Choice

A team consisting of preoperative, operative, and postoperative health care professionals and ancillary staff is examining the turnaround time from the preoperative area to discharge for patients having tonsillectomies. The goal is to decrease waiting times for clients. The team comes up with a solution and wants to test it on a small group of patients before rolling it out to the rest of the department. What type of decision-making tool is exhibited?

• A) Shared governance
• B) Evidence informed
• C) Pilot project
• D) Trial and error

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Definitions:

Price-level Accounting

An accounting method that adjusts financial statements to reflect changes in the purchasing power of money due to inflation or deflation.

Working Capital

The difference between a company's current assets and current liabilities, indicating the short-term liquidity of the company.

Long-term Investments

Investments made with the intention of holding them for an extended period, typically more than one year, such as bonds, stocks, or real estate.

Accounts Receivable

Funds that a company is yet to receive from its customers for products supplied or services rendered but haven't been paid for.