Write a 175- to 265-word response to the following:

Why are ethics and compliance in finance so important in the health industry? What are the compliance considerations? Provide an example.
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