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Write a 700- to 1,050-word paper in which you: Analyze a financial and economic issue in the health care industry. Choose a current financial or economic issue in the health care industry. Consider...

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Write a 700- to 1,050-word paper in which you:

  • Analyze a financial and economic issue in the health care industry.
  • Choose a current financial or economic issue in 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?
  • Analyze the issue and its financial impact on the health care industry.
  • Provide recommendations for improving the issue. Consider current strategies being used or presented for improving the issue.
  • Include 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 paper according to APA guidelines.

Answered Same Day Jul 03, 2021

Solution

Rithik answered on Jul 06 2021
127 Votes
Running Head: CORPORATE FINANCE         1
CORPORATE FINANCE        2
CORPORATE FINANCE
Table of Contents
Economic as Financial Trends as well as Issues of Health Care Payment System    3
Supply and Demand Challenges for Health Care Services    3
Reason for Increasing Cost in Health Care System    4
Regulatory Issues Affecting Health Care Industry    4
Financial Impact of the Issue on Health Care Industry    4
Recommendations and Present Techniques Used for Improving the Issue    5
Probable Outcomes of these Recommendations    5
References    6
Economic as Financial Trends as well as Issues of Health Care Payment System
There are certain types of economic and financial trends as well as issues of the health care payment system, which are as follows:
· The foremost is moving value from volume it was also denoted by FFS model. The motive behind of this trend was to encourage customers to provide more care on a basis higher volume.
· The next one is about deductions for patients due to the higher deductibles the number of patients is becoming cost sensitive in order to tackle the particular problem the insurance company came into picture for paying the medical bills (Manogaran, Thota, Lopez & Sundarasekar, 2017).
· The other one shift toward online payments is that this particular amenity allows the customer to provide high quality services as well care for the patients because it reduce the burden of front desk employees.
· The last one is managing the number of economic trends by putting the technology foreword, which is updated and it is beneficial to apply the particular trends in patient’s day-to-day life by the health care industry.
Supply and Demand Challenges for Health Care Services
    On the demand and supply side, there was a retirement among the large number of aging physicians for the particular concern. The reason behind that the new upcoming or new generations doctors has ca
ying more up to date and quality knowledge as compare to aging ones and the demand of new generation doctor is very high (Pace et al., 2018). On the other...
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