Final answer:
Hospital privileges are the authorization given to a physician to provide patient care within a hospital, such as performing cardiac catheterizations. Board-certified cardiologists may be recognized as Fellows of the American College of Cardiology (FACC) for exceptional contributions to cardiovascular medicine.
Step-by-step explanation:
The permission granted to Dr. Smith by Community Hospital to perform cardiac catheterizations is known as privileges. In the medical field, hospital privileges refer to the authorization extended to a physician or medical professional by a hospital governing board to provide patient care within that hospital. After completing specialized training and assessment, a physician can become a board-certified cardiologist. Notably, exemplary board-certified cardiologists may be elevated to the status of Fellow of the American College of Cardiology (FACC), which is a professional recognition symbolizing their merit, outstanding credentials, significant achievements, and community contributions to the field of cardiovascular medicine.