An Example of an Effective Patient Outcome Statement Is

question 11

Multiple Choice

An example of an effective patient outcome statement is:

• A) Eighty percent of all patients admitted to the Emergency Department will be seen by a nurse. Practitioner within 3 hours of presentation in the Emergency Department.
• B) Patients with cardiac diagnoses will be referred to cardiac rehabilitation programs.
• C) The hospital will reduce costs by 3% through the annual budget process.
• D) Quality is a desired element in patient transactions.

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Definitions:

Operating Cycle

The average period of time between the purchase of inventory and the collection of cash from receivables, indicating how quickly a company can turn its products into cash.

Sales On Account

Transactions where goods or services are sold to a customer with an agreement that payment will be made at a later date.

Cost Of Goods Sold

The total cost directly associated with the production of the goods sold by a company.

Times Interest Earned

A ratio that measures a company's ability to meet its interest obligations, calculated by dividing earnings before interest and taxes (EBIT) by the interest expense.