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Healthcare Cybersecurity | Healthcare Data Security | Ransomware | Hospital Security Breaches

M&A: TRIMEDX Acquires Surplus Medical Equipment Company Centurion Service Group

by Jasmine Pennic 12/02/2020 Leave a Comment

TRIMEDX Acquires Surplus Medical Equipment Company Centurion Service Group

What You Should Know: - TRIMEDX announced the acquisition of Centurion Service Group, a full-service medical equipment re-seller, to expand its Clinical Asset Management offering. - The added capabilities of Centurion will allow TRIMEDX clients to gain maximum value from their excess medical equipment through Centurion auction services, positively impacting operational expenses, maximizing resources to improve patient care, etc. TRIMEDX, a provider of clinical engineering, medical
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Virtual Engagement During COVID Pushes Paradigm Shift for Physician Training and Patient Care

by Shalini Shah, MD is Vice-Chair and Associate Professor, Department of Anesthesiology & Perioperative Care, UC Irvine Health 12/02/2020 Leave a Comment

Virtual engagement during COVID pushes paradigm shift for physician training and patient care

The dominant presence of COVID-19 has not meant the absence of cancer, ear infections, heart attacks, chronic pain, or other illnesses that need attention and care. Physicians have continued treatment for all types of maladies, and physician training has continued as well. But this treatment and this training look much different these days. Despite the challenges that came with major COVID shutdowns and changing requirements, the healthcare system and patients have been both creative and
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Healthcare M&A: DAS Health Acquires Randall Technology Services

by Jasmine Pennic 12/01/2020 Leave a Comment

DAS Health Acquires Health IT and Medical Billing Conglomerate

What You Should Know: - DAS Health Ventures acquires healthcare and managed IT company Randall Technology Services (RandallTech). - This acquisition adds Allscripts® PM and EHR solutions to the DAS portfolio of supported products, and DAS Health has now added additional staff in Texas that will create opportunities for greater regional support of its entire solutions portfolio. DAS Health Ventures, Inc., an industry leader in health IT and management, announced today it completed
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Philips Launches Integrated Cybersecurity Services to Protect Connected Medical Devices

by Jasmine Pennic 11/30/2020 Leave a Comment

Philips Launches Integrated Cybersecurity Services to Protect Connected Medical Devices

What You Should Know: - Philips partners with CyberMDX, a leader in connected medical device security, to provide vendor-neutral solutions to protect connected medical systems and devices. Philips, today announced the introduction of the Philips Cybersecurity Services for seamlessly integrating and enhancing strategic security solutions for Philips customers. The Philips Cybersecurity Services comprise an end-to-end suite of technologies and services to
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Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

by Fred Pennic 11/25/2020 Leave a Comment

Recent Executive Hires: CVS Health New President, Cleveland Clinic/Amwell Joint Venture Leadership, Others

CVS Health Corporation names Neela Montgomery Executive Vice President and President of CVS Pharmacy/Retail, effective November 30, 2020. Montgomery will oversee the company's 10,000 pharmacies across the United States. Montgomery, currently a Board Partner at venture capital firm Greycroft, most recently served as chief executive officer of furniture retailer Crate & Barrel and has nearly 20 years of global retail experience. The Cleveland Clinic and Amwell joint venture appoint
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7 Best Practices for Third-Party Risk Management in the Pharmaceutical Industry

by Dr. Aleksandr Yampolskiy, CEO of SecurityScorecard 11/19/2020 Leave a Comment

7 Best Practices for Third-Party Risk Management in the Pharmaceutical Industry

The globalization of the pharmaceutical industry has forced pharma companies to outsource, increasing their reliance on third-party vendors and suppliers. As this supply chain grows in complexity, companies find themselves grappling with a growing amount of cyber risk.  A data breach in the pharmaceutical industry can cost companies upwards of $5 million and costs can rise significantly if a third-party vendor or supplier is the cause of a data breach. For this reason, organizations must
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COVID-19 Underscores Need for Identity Governance Administration

by Wes Wright, CTO at Imprivata 11/02/2020 Leave a Comment

COVID-19 Underscores Need for Identity Governance Administration

If you work in healthcare, chances are that the COVID-19 pandemic forced you to quickly scale up or move staff around to manage the onslaught of patients. The demand for clinicians and support staff grew alongside the spread of the virus, making organizations add clinicians or reassign employees with new or modified roles: Ambulatory nurses went down in the Emergency Department or Isolation Ward, revenue cycle folks started doing transport, and so on. In some cases, former staff or retired
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3 Telemedicine Security and Compliance Best Practices

by Gerry Miller, Founder & CEO at Cloudticity 10/08/2020 Leave a Comment

3 Telemedicine Security and Compliance Best Practices

The coronavirus pandemic accelerated telemedicine exponentially as patients and doctors switched from in-person visits to remote consultations. Health providers rapidly scaled virtual offerings in March and April and traffic volumes soared to unprecedented levels, with practices “seeing 50 to 175 times the number of patients by telehealth than before the outbreak,” according to McKinsey. By early August, the U.S. Department of Health and Human Services expanded the list of
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Amidst the Pandemic, IT Teams Turn to the Cloud to Protect Patient Data

by Amit Bareket, CEO and Co-Founder, Perimeter 81 09/22/2020 Leave a Comment

Amidst-the-Pandemic-IT-Teams-Turn-to-the-Cloud-to-Protect-Patient-Data

The challenges facing healthcare during COVID-19 are more than biological. Healthcare providers are weathering a perfect storm as hackers take advantage of the commotion and ramp up their attack frequency and sophistication.  This isn’t surprising for those familiar with the hacker playbook, as cybercriminals typically go after victims that are the right combination of vulnerable and profitable. And right now, the valuable troves of personal health data held by providers, focused on battling
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Corindus Vascular Robotics CEO Departure, UPMC Enterprises’ New President, Nordic Consulting’s New CIO, Other Health IT Hires

by Fred Pennic 09/18/2020 Leave a Comment

Tele-Treatment: How We Close the Gap in Access to Care

Mark Toland, CEO of Corindus Vascular Robotics (acquired by Siemens for $1.1B last year), has announced his departure and will be joining BioStar Capital, a health-tech venture capital group focused on cardiovascular and orthopedic medical devices. As a partner and entrepreneur in residence, Mark will help to identify and develop innovative companies leveraging AI, deep learning, robotics, and other transformative technologies that address a wide range of unmet needs. The BioStar team has
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