Hospital cyberattacks underscore growing financial and operational risks
As seen in two incidents over the past month and in a newly issued warning, cyberattacks are a relentless threat to hospitals and their communities. The South Carolina-based health system AnMed and Texas-based JPS Health experienced disruptions that included implementation of downtime procedures and patient-diversion protocols. And in recent days, the American Hospital Association highlighted…
Utilization review, HIPAA updates and more
Nick Hut talks with HFMA’s Kathy Stull about the Medicaid work requirement and 340B developments. Erika Grotto discusses utilization review with Kevin Coloton, CEO of HURC and HIPAA updates with Jon Bilotti, enterprise technology consultant at BCS365.
Ransomware attacks cost healthcare organizations $21.9 billion in downtime
Healthcare organizations lost a cumulative $21.9 billion just in downtime following a ransomware attack over the last six years, an average of $1.9 million daily, according to a recent analysis. The report by software company Comparitech, which studies cyberattacks across various industries, used available data on downtime and ransom amounts to estimate a range for…