In the early chaos of the coronavirus pandemic, the healthcare industry struggled to keep up with an influx of patients amidst a shortage of necessary resources. During this time, healthcare staff naturally prioritized the health and safety of their patients, but this led to a marked decline of cybersecurity measures, leaving themselves open to attacks.
Cybercriminals took advantage of the opportunity, and since the start of the pandemic to late 2020, cyberattacks on healthcare firms in the
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Health IT | News, Analysis, Insights - HIT Consultant
Ultromics Raises $33M for AI-Enabled Echocardiograms to Help Clinicians Diagnose Heart Disease
What You Should Know:
- Today, Ultromics, an Oxford, England-based health-tech startup announced it has raised $33M in Series B funding led by Blue Ventures, the investing arm of Blue Cross Blue Shield, and also includes investment from Optum Ventures, GV, and Oxford Sciences.
- Born at the University of Oxford and built-in partnership with the U.K.’s NHS, Ultromics has developed the first fully automated solution for echocardiography and analysis of global longitudinal strain (GLS).
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Cigna & Fresenius Extend VBC Program to Help More People with Kidney Failure
What You Should Know:
- Today, Fresenius Medical Care North America (FMCNA) and Cigna announced an expansion of their value-based care(VBC) program to improve health outcomes and lower the cost of care for those living with kidney failure, or end stage renal disease (ESRD), through at least 2023.
- First launched in 2017 as part of Cigna Collaborative Care, the VBC program will now include additional incentives to support more kidney disease specialists
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3 Ways Healthcare Orgs Can Work to Prevent Insider Security Threats
Though it’s often “highly sophisticated” or “nation-state” attackers that make headlines, the truth is that healthcare’s most overlooked cybersecurity threats are within the IT ecosystem. In fact, according to Verizon’s 2021 Data Breach Investigations Report, nearly 40 percent of all global security incidents in 2020 were caused by inside actors. These insider threats are often not malicious in nature, but accidental errors, such as employees clicking on phishing links, using weak passwords, or
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Ciitizen Launches Solution to Help HIEs Comply with Info Blocking Regulation
What You Should Know:
- Ciitizen, a Palo Alto, CA-based consumer healthcare technology company helping patients get full control of their medical records to access more personalized treatment options, today announced the launch of Cures Gateway, a platform for Health Information Exchanges (HIEs) to effortlessly comply with patient-initiated requests for medical records.
- The Ciitizen Cures Gateway will enable records to be delivered to a personal health app selected by the patient. It is
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Ransomware in Healthcare: The Costly Reality of Withstanding Hackers
How much larger a percentage of U.S. gross domestic product (GDP) can healthcare command?
This isn’t a rhetorical question, even if it may be difficult to come up with a direct answer. After all, between 1960 and 2018, healthcare increased as a percentage of GDP from a modest 5 percent to more than triple that at almost 18 percent. Over that time period, healthcare economists noticed the rise in healthcare costs and regularly rang the alarm bells with increasing levels of concern.
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Olive Selects AWS as Its Preferred Cloud Provider to Create the Internet of Healthcare
What You Should Know:
- Olive, the AI healthcare company, announced today the adoption of Amazon Web Services, Inc. (AWS) as its preferred cloud provider, now leveraging AWS’s computing capabilities to improve healthcare efficiency and reduce costs for patients and organizations.
- Olive’s workflow automation solution will run on AWS to connect the disparate systems used by healthcare organizations to help automate and optimize administrative tasks for healthcare providers, freeing them to
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Kareo Acquires RPA-Powered Medical Billing Provider PatientlySpeaking
What You Should Know:
- Kareo, a provider of cloud-based clinical and business management software solutions for independent healthcare practices and billing companies, today announced the acquisition of PatientlySpeaking, a process automation technology company for billing companies and medical practices.
- Together with Kareo’s intuitive billing platform, PatientlySpeaking provides an integrated data connection for billing companies and medical practices to automate redundant daily tasks
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HIMSS21 Day 3 Roundup: Sharecare Acquires CareLinx, Verizon Telehealth, Samsung
Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M
Sharecare today announced that it has closed its acquisition of CareLinx , an on-demand home health platform of tech-enabled care providers from Europ Assistance, one of the largest global assistance companies. Under the terms of the agreement, the acquisition is valued at approximately $65M, consisting of $54.6M in cash and $10.4M in Sharecare common stock. The acquisition marks Sharecare’s 18th acquisition since
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Sharecare Acquires On-Demand Home Health Platform CareLinx for $65M
What You Should Know:
- Sharecare today announced its official entry into the home health market with the acquisition of CareLinx , an on-demand home health platform of tech-enabled care providers from Europ Assistance, one of the largest global assistance companies. Under the terms of the agreement, the acquisition is valued at approximately $65M, consisting of $54.6M in cash and $10.4M in Sharecare common stock. The acquisition marks Sharecare’s 18th acquisition since 2010.
- The
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