How Does the Triple-Bottom Line Approach Help Managers

question 67

Essay

How does the triple-bottom line approach help managers?

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Definitions:

Clinical Practice

The practice of medicine by healthcare professionals, often within a hospital or clinic, aimed at diagnosing, treating, and preventing illnesses or injuries.

Performance Improvement

Entails the activities, methodologies, and initiatives aimed at enhancing the effectiveness and efficiency of an individual, group, or organization.

Utilization Review

The process of evaluating the necessity, appropriateness, and efficiency of the use of healthcare services, procedures, and facilities.

Affordable Care Act

A comprehensive healthcare reform law enacted in March 2010, also known as "Obamacare," aimed at expanding health insurance coverage to uninsured Americans and reducing the overall costs of healthcare.