Health Care Finance

  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