What Are the Various Cost-Containment Strategies Used in Organizations

question 61

Essay

What are the various cost-containment strategies used in organizations?

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Definitions:

Electronic Medical Records

Digital versions of patients' paper charts, which contain medical and treatment histories of patients, allowing for improved and more efficient healthcare delivery.

Health Care Facilities

Buildings or places that are equipped to provide medical treatment and care services to individuals, such as hospitals, clinics, and long-term care facilities.

Clinical Functions

Activities and tasks carried out in a healthcare setting to support diagnosis, treatment, and patient care.

Electronic Medical Record

A digital version of a patient's paper chart, making healthcare information available instantly and securely to authorized users.