What You Should Know:
- A new PwC report offers insights into how pharma companies can translate game-changing science into greater returns.
- Despite many major therapeutic advancements within the last decade, returns from pharma companies lagged the S&P 500 by about one-third and biotech underperformed by 60 percent. The stock performance divide between the front and back of the pack has been widening. PwC’s analysis showed that in 2021, the five-year
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Healthcare Cybersecurity | Healthcare Data Security | Ransomware | Hospital Security Breaches
Greenway Health Launches Greenway Secure Cloud
What You Should Know:
- Greenway Health, a leading health information technology services provider, launched Greenway Secure Cloud, a cost-effective, fully bundled, cloud-based electronic health record (EHR) and practice management solution. Greenway Secure Cloud increases the security of patient health information and practice records, eliminates the need to manage software upgrades, and provides scalable, all-inclusive pricing
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Is It Finally Time for Hospital-at-Home or is Time Up?
All the signs point to a bright and expansive future for hospital-at-home programs, which have been growing steadily since the Centers for Medicare and Medicaid (CMS) created the Acute Hospital at Home waiver program in November 2020. As of March, nearly 100 health systems and more than 200 hospitals in 34 states had been approved for the program. Meanwhile, Forrester predicts the number of hospitals delivering acute care at home will triple in 2022. The reasons why are compelling: a study
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Zero Clients: The New Face of Security for Healthcare
Healthcare data is notoriously vulnerable to hacking. The pandemic has stretched industry resources thin, and data quality and security are suffering as a result. In addition, the rise in mobile applications, the adoption of mobile workstations, and the ease with which organizations can now expand into cloud accounts have made the industry more vulnerable than ever before. In short, “the attack surface” is now expansive.
According to IDC, an astounding 36% of the world’s
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What Healthcare Leaders Need to Do Now About Ransomware
If ransomware is not a topic of conversation around any healthcare organization’s boardroom table, directors and senior executives may be exposing the organization (and themselves) to considerable risk. Here’s a guide to ransomware trends for 2022 and steps healthcare leaders can take to help protect their organizations.
Ransomware trends in 2022
The risk of a ransomware attack in 2022 is substantial, with gangs specializing in targeting the healthcare sector. Last year saw dozens of
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Day 3 HIMSS Roundup: Glooko Acquires DIABNEXT, GE Healthcare/AliveCor Integration
Venture Capital, Private Equity, Mergers & Acquisitions (M&A) Activity
Glooko Acquires DIABNEXT® to Expand Diabetes Offerings in France
Glooko, a leading provider of remote patient monitoring and data management solutions for diabetes and related chronic conditions, today announced the acquisition of DIABNEXT, a Paris-based company whose digital health platform helps people with diabetes better manage their conditions and connects to their healthcare providers, so they can
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Healthcare Is A Cyber Criminal’s Dream, But It Doesn’t Have To Be This Way
Healthcare is a cyber criminal’s dream. It presents the intersection of a data treasure trove, weak security posture, limited resources, complicated supply chain, and patient care delivery. When faced with having to pick a priority to optimize for, healthcare will, of course, always pick delivering healthcare. This means that when tradeoffs must be made and resources are limited immediate patient care is prioritized over anything else.
A great example of this is looking at how
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6 Healthcare Cybersecurity, Ransomware Predictions to Watch in 2022
We reached out to six healthcare executives for their trends and predictions on healthcare cybersecurity and ransomware to watch in 2022.
Milan Shah, Chief Technology Officer of Biofourmis
Cyberattacks on hospitals and health systems will continue their rapid pace in 2022, but as more providers launch hospitals at home and remote patient management programs and the technology has to traverse enterprise firewall boundaries, it provides attackers an extensive new surface area to attack.
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Revenue Cycle Management Can Help Advance The Cybersecurity Mandate
Holding steady in the No. 1 spot, the healthcare industry has held the top rank in IBM’s Cost of Data Breach report for the past 11 years. It’s a lead that seems secure. In just a year from 2020-2021, the average total cost for healthcare for an event increased 29.5%, and now sits at $9.23 million.
Even amidst that threat landscape, the percentage those in the healthcare space spend on cybersecurity hasn’t climbed out of the single digits. Only 6% or less of the IT budget is typically
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2 Overlooked Cost-Effective Healthcare Cybersecurity Strategies to Minimize Risk
The Office of the White House recently issued a Proclamation marking October as Cyber Security Awareness Month and shared this year’s theme: “Do Your Part. Be Cyber Smart.” Threats are indeed on the rise, posing a significant risk to private businesses, public infrastructure, and national security, especially as the nation has increasingly adapted to a remote environment in the continuing battle against COVID. As businesses look to “do their part” to combat cybersecurity threats, they will need
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