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HCS 385 University of Phoenix Wk 2 Health Care Finance Trends Discussion

HCS 385 University of Phoenix Wk 2 Health Care Finance Trends Discussion

Assignment Content

  1. Write a 700- to 1,050-word paper in which you analyze a financial and economic issue in the health care industry.

    • Select a current financial or economic issue in the health care industry.
    • Analyze the financial impact of this issue on the health care industry.
    • Consider the following:
    • What are the economic trends of the health care payment system?
    • What are the supply and demand challenges for health care services?
    • Why are costs increasing in the health care system?
    • What regulatory issues are affecting, or will affect, the health care industry?
    • Provide recommendations for mitigating the problem.
    • Consider current strategies being used or presented for improving the issue.
    • Discuss what you believe would be the outcome of these recommendations if implemented.

    Cite 3 peer-reviewed, scholarly, or similar references to support your paper.
    Format your assignment according to APA guidelines. APA 7th edition should be used.
    Submit your assignment.***HINT******Think about the current day economic and financial trends in the market. Why are ethics and compliance in health care finance so important?Examples Include:

    • Pharmaceutical Cost
    • Mergers & Acquisitions (M&A) in health care
    • Disruption from established players and newcomers (think CVS, WalMart, Haven, Walgreens)
    • Transitions in Payment/Reimbursement Models
    • Provider Shortage
    • Consumerism of health care
    • Virtual or telehealth
    • Increased patient responsibility (high insurance cost/deductibles)
    • Baby Boomers
    • Pricing transparency
    • Electronic Health Records (EHR)
    • Movement of health care service delivery from traditional settings toward more distributed settings

    I have attached a template of how it should look. The APA format should be 7th edition only.

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