Jeanette Nieves HCS 385 Financial Environmental Matrix Identify at least three economic trends of the health care payment system Describe the three trends Identify ethics and compliance issues associated with those trends Demographics The demographics influence the healthcare which comprises of the set of circumstance that leads to the current recession along with making the economy. The recessions have brought with the raised interest too high with the overinvested in equipment. The impending retirement is for the social security; pension plans as well as Medicare. There have been ethical standards that get employed with the managed care programs that work for the consistent success. These provide the system a productive and long-standing relationship between the patients as well as the primary care providers. The outcome for this is to encourage the management and apply the current standards to the diagnosis and treatment. The optimized health delivery system includes the responsiveness of the patient with the adequate and compassionate care. (Obama, 2016). The encouragement is for the physician excellence to be accessible to reduce the bureaucracy to the minimum level. The accountability is to control the formularies and work on the costs use of medications. The ethical and the behavioural effects are for the physicians to deal with managed care. The community standards are necessary to properly understanding the patients to follow the advice and managed care organization. It disallows the treatment and continues for the treatment of the patients. Globalization Globalization includes the trading where the components come from the different expertise with the replacement of higher wage nations like Germany. The productivity and skill with the innovative potential to justify the higher standard of a global economy. (Keehan et al., 2015). Missing- hippa- please assist with trends The objective of the assignment was not met in its entirety. Please review! Discuss the role that HIPAA plays with regards to ethics and compliance You can discuss trends such as : Value Based Purchasing, Shared Savings etc. Review your text for additional information on payment systems. -. Technology The technology is essential for analysing the manufacturing with efficiency. The governors can attract the factories with the with full that includes the globalization and technology Reference Keehan, S. P., Cuckler, G. A., Sisko, A. M., Madison, A. J., Smith, S. D., Stone, D. A., ... & Lizonitz, J. M. (2015). National health expenditure projections, 2014–24: spending growth faster than recent trends. Health Affairs, 34(8), 1407-1417. Hartman, M., Martin, A. B., Lassman, D., Catlin, A., & National Health Expenditure Accounts Team. (2015). National health spending in 2013: growth slows, remains in step with the overall economy. Health Affairs, 34(1), 150-160.