In a small bowl, whisk together honey, mayonnaise, and Dijon mustard to create the sauce; set aside.
Season chicken breasts with salt, pepper, and paprika.
In a large skillet over medium heat, melt butter and sauté sliced mushrooms until tender and browned; remove and set aside.
In the same skillet or on a grill, heat oil over medium-high heat and sear chicken for 5-7 minutes per side or until the internal temperature reaches 165°F.
Preheat oven to 375°F (190°C).
Place cooked chicken breasts in a baking dish.
Spread approximately 2 tablespoons of honey mustard sauce over each chicken breast.
Layer each breast with sautéed mushrooms and two slices of cooked bacon.
Top generously with shredded Colby Jack cheese.
Bake for 5 to 10 minutes until the cheese is melted and bubbly.
Garnish with fresh parsley and serve with remaining honey mustard sauce on the side.