1. Reimbursement is the payment to healthcare organizations for services provided. While revenue cycle management(RCM) is the entire process that collect all of the required information and documentation to complete the collection.
2. You want to save for your kid’s college education. You estimated you will need $100,000. You invested $25,000 into an account that earns 7%, compounded daily. How much will you have at the end of 18 years?