The healthcare industry is facing unprecedented challenges, including severe labor shortages. According to a recent study, more than nine in 10 health systems and physician groups are experiencing a workforce shortage in revenue cycle management (RCM), with many of those reporting vacancies in over half of their RCM roles. This is one of the many reasons why there has never been a better time for health systems to think outside the box for solutions, including an RCM partnership. Often, when
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Healthcare Cybersecurity | Healthcare Data Security | Ransomware | Hospital Security Breaches
MedCrypt Raises $25M for Medical Device Cybersecurity Platform
What You Should Know:
- Today, MedCrypt, the proactive cybersecurity solution provider for medical devices and manufacturers raises $25M in Series B funding led by Intuitive Ventures and Johnson & Johnson Innovation.
- The round included participation from institutional investors Section 32, Eniac Ventures, Anzu Partners, and Dolby Family Ventures. This round of funding brings the company's total to date to $34.4M.
Rising Need for Medical Device Cybersecurity
This round stems
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Patching Cybersecurity Gaps in Healthcare, with New FDA Guidelines and Zero Trust
When it comes to protecting patients from the impacts of ransomware, the time has come for the healthcare sector to rethink the way it approaches cyber resilience -- starting with Zero Trust strategies.
The unprecedented wave of ransomware attacks on the healthcare sector has upended long-held assumptions about network security. Confidence in traditional methods alone and the philosophies behind them, have been undermined. The ransomware era has become a time of reckoning – particularly
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KLAS-Bain: Post-Pandemic Investment Priorities for Healthcare Providers
What You Should Know:
- Competition in the provider IT space shows no signs of abating: Early-stage capital, big tech, and scale EMR players continue crowding into more segments. This has significant implications for providers as they transition into a new disruptive period, for software players as they fine-tune go-to-market models for the current environment, and for private equity investors as they look to invest behind winning themes.
- A new report by KLAS Research and Bain &
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Mitigating Healthcare Cyber Risk Through Vendor Management
Look to these best practices to enhance your organization’s vendor risk management program
Vendor partnerships are critically important in today’s business world, especially as the pandemic accelerated many organizations’ digital transformation and the shift to remote operations, cloud adoption, and virtual services, such as those through telehealth, medical apps, and other healthcare technology and communication platforms continues to expand. This increased reliance on third parties also
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3 Tips for Securing Private Healthcare Data
Technology is a dominant force in healthcare. During the pandemic, healthcare systems relied on technology to swiftly move to virtual care, remote work, and more collaborative communication and data management systems – and that will accelerate. As organizations speed up their digital transformation initiatives and increase their reliance on digital applications, growing concerns about data privacy arise.
According to a 2021 HIMSS Healthcare Cybersecurity Survey of 167 healthcare
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77% of Healthcare Apps Contain Vulnerabilities, Report Reveals
What You Should Know:
- Veracode recently unveiled key findings on the healthcare sector's cybersecurity efforts from its annual State of Software Security v12 report. The analysis of data from 20 million scans across half a million applications shows that healthcare is leading the way for fix rate of software security flaws, at 27%, which is higher than any other sectors, including financial services, retail, and government.
- But there is still work to be done, as 77%
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7 Health IT Industry Outlook Report Trends to Watch in 2022
What You Should Know:
- As COVID-19 accelerated demand for more advanced digital health and patient engagement technologies, hospital and health system IT departments shouldered these expectations – rolling out new capabilities in record time, while still balancing daily operational support responsibilities. Now, IT staff burnout has escalated into major career jumps, with many hospital IT departments struggling to fill talent gaps from high turnover.
- Utilizing flexible staffing
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Report: How Cyberattacks Hurts Patient Care and Mortality Rates
What You Should Know:
- Proofpoint, Inc., a leading cybersecurity and compliance company, and Ponemon Institute, a top IT security research organization, today released the results of a new study on the effect of cybersecurity in healthcare.
- The report, “Cyber Insecurity in Healthcare: The Cost and Impact on Patient Safety and Care,” found that 89% of the surveyed organizations experienced an average of 43 attacks in the past 12 months, almost one attack per week. More than 20% of the
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KLAS: Security & Privacy Consulting Services 2022
What You Should Know:
- Cybersecurity attacks are on the rise, and healthcare organizations are especially at risk. Security vulnerabilities can lead to financial penalties imposed by OCR, damaged organization reputations, and the increased risk of patient safety and data being compromised.
- A new report by KLAS examines several such firms (and one cross-industry firm) to determine who effectively assists in reducing risk, engages closely with clients, and exceeds expectations.
Using
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