In 2023, HIPAA fines amounted to $4,176,500, which is a rise of over $2,000,000 in 2022. So yes, HIPAA fines have doubled. But why?
Technology in healthcare has been a constant battle between progress and pain, and the relationship has grown increasingly complex over recent years. The Health Insurance Portability and Accountability Act (HIPAA) is one of the most well known regulatory frameworks in the healthcare industry, and it establishes safeguards for protecting sensitive patient
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Health IT | News, Analysis, Insights - HIT Consultant
Healthcare Analytics Adoption: 5 Tips for Healthcare Organizations
Healthcare organizations have access to a wealth of data, yet 92% of healthcare professionals say organizations should do more to leverage financial and operational data to inform strategic decisions, according to a recent report.
Integrating financial analytics into decision-making processes is increasingly vital as hospitals and health systems nationwide contend with high costs, narrow margins, shifts in patient demand, and other financial and operational pressures. Doing so, however,
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Jack Nathan Health® Explores Strategic Alternatives
What You Should Know:
- Jack Nathan Medical Corp. (TSXV: JNH; OTCQB: JNHMF), operating as Jack Nathan Health®, a leading Canadian healthcare network has entered into a non-binding letter of intent (LOI) for a proposed transaction. This development follows the company’s recent announcements regarding the exploration of strategic alternatives.
- A 30-day exclusivity period has been agreed upon with the other party involved in the LOI. Jack Nathan Medical Corp. has also secured
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Hackensack Meridian Health Launches 24/7 AI-Powered Primary Care Access
What You Should Know:
- New Jersey's leading health network, Hackensack Meridian Health, is set to revolutionize primary care access with the upcoming launch of HMH 24/7, an AI-driven platform that seamlessly integrates virtual and in-person care.
- This new primary care initiative is a response to the evolving landscape of healthcare delivery, offering patients a convenient and connected way to manage their health.
HMH 24/7: A New Era of Accessible, Personalized Care
HMH
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Aegis Ventures Appoints Murray Brozinsky as Partner to Drive Healthcare Transformation
What You Should Know:
- Aegis Ventures, a prominent venture studio based in New York, announced today that Murray Brozinsky has joined its leadership team as a Partner.
- Brozinsky brings a wealth of experience in launching, leading, and successfully exiting several health technology companies, including Healthline, Talix, and Conversa Health.
A Track Record of Success in Healthcare Technology
As the CEO of Conversa Health, Brozinsky steered the company through the
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AI Agents in Healthcare: Retaining Talent, Improving Patient Care
The aging population is creating an unprecedented demand for healthcare services while the available healthcare workforce is declining. Meanwhile, the healthcare system continues to rely heavily on manual processes which have to date been powered by people. After a patient visit, a healthcare provider typically requires a full administration team to manage data across various systems, just to receive reimbursement
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Efficiently Sustainable: How Hospitals Can Create Operational Sustainability
If any sector requires process improvement, it’s healthcare. There are well publicized NHS waiting list woes and A&E delays, but behind these figures are workforce and operational issues that create real stress on clinical staff and impacts patient satisfaction.
Nurses spend 10% of their time searching for equipment (according to a 2009 study) and sadly little has changed in more than a decade. Another study also revealed nurses claim that they experience “16-30% preventable wasted
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Candid Health Secures $29M for Revenue Cycle Automation Platform
What You Should Know:
- Candid Health, the innovative revenue cycle automation platform designed for healthcare providers raises $29M in a Series B funding round led by 8VC, with participation from existing investors First Round Capital, BoxGroup, and Y Combinator.
- This latest investment brings the company's total funding to $47M.
Simplifying Medical Billing, Empowering Providers
Candid Health is committed to simplifying the complex and often frustrating process of medical
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The CISO Connector: Bridging Business Goals, Operations, and Security in Healthcare
The role of the Chief Information Security Officer (CISO) has evolved far beyond traditional cybersecurity responsibilities, especially in healthcare organizations. Today, a CISO must be positioned as a vital connector, aligning business goals, operational efficiency, and security needs. This strategic role is essential not only for breaking down siloes between security and operations teams, but also for fostering organization-wide adaptability, strategic thinking, and a holistic understanding
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Adopting Uniform National Provider Directory Standards Will Promote Interoperability
The concept of interoperable care centers on the ability of providers to share patient information. Still, providers continue to find navigating the exchange of patient data difficult.
A 2019 data brief from the Office of the National Coordinator for Health Information Technology underscores the interoperability challenges that clinicians face:
85% find it challenging to exchange data with EHRs that aren’t theirs73% use multiple systems or portals to exchange data71% of referral partners
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