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

Assignment Content

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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