Which of the Following Is a Tool Used to Reduce

question 64

Multiple Choice

Which of the following is a tool used to reduce health care costs by digitizing patient history and treatment records, and making them available to health care providers as needed?

• A) magnetic resonance imaging
• B) ultrasonography
• C) medical imaging
• D) electronic medical record systems

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Definitions:

Contribution Margin

The amount of revenue remaining after deducting variable costs, used to cover fixed expenses and generate earnings.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance premiums.

Variable Costs

Expenses that change in proportion to the activity of a business, such as sales volume or production levels.

Fixed Expenses

Costs that do not fluctuate with the volume of production or sales, such as rent, salaries, and insurance premiums.