What are the economic trends of the health care payment system?
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Get it written →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 and Reference 3 peer-reviewed, scholarly, or similar references to support your paper.
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, 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
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