Health informatics is making use of monitoring devices, microelectronic mechanical systems, and wireless integrated microsystems (WIMS). Monitoring of patients, alerting health professionals when a patient needs attention, and even automatically releasing drugs as needed, are becoming possible through engineering. If the cost savings in a local healthcare center is estimated to be $20,000,000 during the 7th year from now, what investment today would be justified for just that one year's savings if the time value of money is 12% per year?
Health informatics is making use of monitoring devices, microelectronic mechanical systems, and wireless integrated microsystems (WIMS). Monitoring of patients, alerting health professionals when a patient needs attention, and even automatically releasing drugs as needed, are becoming possible through engineering. If the cost savings in a local healthcare center is estimated to be $20,000,000 during the 7th year from now, what investment today would be justified for just that one year's savings if the time value of money is 12% per year?
Chapter1: Making Economics Decisions
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Health informatics is making use of monitoring devices, microelectronic mechanical systems, and wireless integrated microsystems
(WIMS). Monitoring of patients, alerting health professionals when a patient needs attention, and even automatically releasing drugs
as needed, are becoming possible through engineering. If the cost savings in a local healthcare center is estimated to be $20,000,000 during the 7th year from now, what investment today would be justified for just that one year's savings if the time value of money is 12% per year?
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Health informatics is making use of monitoring devices, microelectronic mechanical systems, and wireless integrated microsystems
(WIMS). Monitoring of patients, alerting health professionals when a patient needs attention, and even automatically releasing drugs
as needed, are becoming possible through engineering. If the cost savings in a local healthcare center is estimated to be $20,000,000
during the 7th year from now, what investment today would be justified for just that one year's savings if the time value of money is
12% per year?
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9046984 million
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