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October 19, 2022

As a sector of the American economy, healthcare is an expansive and complex industry.

As a sector of the American economy, healthcare is an expansive and complex industry. There is a vast array of laws and regulations aimed at regulating every aspect of the practice and business of healthcare to the extent that healthcare is considered by some to be the most regulated industry in the United States. This leads to the question of why we need so many statutes, laws, and regulations governing the practice and business of healthcare. Express your understanding of statutory and regulatory guidelines (laws and regulations) in healthcare in the discussion. Include each of the following points in your discussion: . Describe statutes, laws, regulations, and which governing body enacts each . What is the difference between statutes, laws, and regulations? . Include the purpose of having laws and regulations . Discuss why you think healthcare has so many of each and if you feel they are needed

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