Examlex
Which of the following examples demonstrate how nursing informatics helps to support nursing practice?
EBIT
Earnings Before Interest and Taxes, a measure of a company's profitability that excludes interest and income tax expenses.
Operating Cost
Refers to the ongoing expenses associated with the day-to-day operations of a business, including costs for rent, utilities, payroll, and raw materials.
Revenue-Cost Savings Connection
The relationship between an organization’s efforts to reduce costs and how these efforts impact its revenue, emphasizing efficiency.
Performance Metrics
Quantitative measures used to assess, compare, and track the performance or efficiency of different operations, processes, or systems.
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