Transaction

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Transaction (medicine)

Transaction (pronounced: tran-zak-shun) is a term used in various fields of medicine to denote the process of transferring something from one place to another. In a broader sense, it can refer to any interaction between two or more parties where a change occurs.

Etymology

The term 'transaction' originates from the Latin word 'transactio', which means 'an agreement' or 'a dealing'. It was first used in the English language in the 15th century.

In Medicine

In the field of Medicine, a transaction often refers to the transfer of medical data, patient information, or healthcare services. For example, in Health Informatics, a transaction can refer to the exchange of health-related information between healthcare providers, insurance companies, and patients. In Pharmacy, it can refer to the process of dispensing medication to a patient.

Related Terms

  • Health Informatics: The interdisciplinary study of the design, development, adoption, and application of IT-based innovations in healthcare services delivery, management, and planning.
  • Pharmacy: The science and technique of preparing, dispensing, and reviewing drugs and providing additional clinical services.
  • Healthcare Provider: An individual or an institution that provides preventive, curative, promotional, or rehabilitative health care services in a systematic way to individuals, families, or communities.
  • Insurance Company: A business that provides coverage, in the form of compensation resulting from loss, damages, injury, treatment, or hardship in exchange for premium payments.

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