Assume Community Healthcare Provider borrowed $600,000 during the year on a credit line of $1 million with an interest rate of 9 percent with no fees. Calculate the effective interest rate?
Define the following:
Effective interest rate - Future value (FV) - Future value factor - Future value factor of an annuity (FVFA) - Future value of an annuity.
Discuss how health care organisations can be affected by abuse and fraud activities and outline suggested solutions?