Literature Review

All posts tagged with “Technology / Innovations News | Cyberattack / Ransomware.”



Ascension posts $1.8B annual loss; liquidity 'remains strong,' CFO says

09/23/24 at 03:00 AM

Ascension posts $1.8B annual loss; liquidity 'remains strong,' CFO says Becker's Hospital CFO Report; by Alan Condon; 9/18/24 St.Louis-based Ascension reported a $79 million operating loss (-0.3% margin) for the 10 months ending April 30, a substantial improvement on the $1.2 billion operating loss in the previous 10-month period. The results include $402 million in one-time, non-cash write-downs and non-recurring losses. In May and June 2024, operations were hampered by the May ransomware attack, resulting in reduced revenues from the associated business interruption along with costs incurred to address the issues and other business-related expenses. Despite this incident, Ascension drove a $1.2 billion operational improvement year over year for the 10 months ending April 30. The 136-hospital system's economic improvement plans focused on volume growth, rates and pricing, and cost levers. 

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CMS teases new cybersecurity policies for third-party vendors

09/14/24 at 03:00 AM

CMS teases new cybersecurity policies for third-party vendors Modern Healthcare; by Bridget Early; 9/13/24 The Centers for Medicare and Medicaid Services is planning oversight of third-party healthcare vendors in the wake of the Change Healthcare cyberattack, said Jonathan Blum, the agency's principal deputy administrator. Blum, who also serves as chief operating officer for CMS, said at Modern Healthcare's Leadership Symposium Thursday that the agency is working to determine what levers it can pull to ensure severe disruptions in care like those linked to the cyberattack on the UnitedHealth Group subsidiary aren’t repeated. ... Almost 133 million individuals were affected by healthcare data breaches last year, more than double the number of those affected in 2022 and a number equivalent to about 40% of the U.S. population.

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Leadership in the age of AI: At the crossroads of humanity and technology

09/11/24 at 03:00 AM

Leadership in the age of AI: At the crossroads of humanity and technology Forbes; by Dr. Adil Dalal, DBA; 9/9/24 It has only been 200 years since the First Industrial Revolution and the mass adoption of what we now call technology... The Second Industrial Revolution in the late 19th and early 20th centuries, marked by great progress in mass production, ... emphasizing the importance of machines over humans and managers over employees. ... Today, the world stands on the precipice of the Fourth Industrial Revolution with artificial intelligence, which is not just reshaping industries but also redefining the very essence of leadership and decision-making. ...  A technology-driven leader [TDL] who prioritizes novelty over humanity can pose significant risks, potentially leading to societal downfall. ... A human-centric leader [HCL] prioritizes the well-being, growth and empowerment of people, steering humanity toward greatness. ... So is there an ideal Technology Age leader who can lead humanity through this historical moment? Yes! ... They must embody and demonstrate the following three qualities:

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The changing role of chief privacy officers

09/10/24 at 03:00 AM

The changing role of chief privacy officers Becker's Health IT; by Giles Bruce; 9/6/24 Chief privacy officers are expanding their roles to take on artificial intelligence and cybersecurity, according to the International Association of Privacy Professionals. Whereas chief privacy officers traditionally focused on being compliant with privacy laws, 69% now have responsibility for AI or data governance, 37% cover cybersecurity regulatory compliance, and 20% have platform liability duties, according to the IAPP survey of 671 professionals released Sept. 6. Some health systems have standalone chief privacy officers, but the hospital industry is more likely to have chief information security officers with privacy duties or a combined role. 

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The biggest threat in health IT and RCM

09/09/24 at 03:00 AM

The biggest threat in health IT and RCM Becker's Hospital Review; by Randi Haseman; 9/6/24 Are organizations adopting AI technology too quickly or too slowly? And what's the future of payer relationships? ... As part of an ongoing series, Becker's is talking to healthcare leaders who will speak at our conference. ... Question: What is the biggest threat in health IT and RCM right now? [Responses from 47 executives featured in this article address the following and more: payer programs; modernizing legacy systems while ensuring data security and compliance; cyber-crime / cybersecurity; relieving provider and staff burden thgouth clinical workflows; state and federal legislation; human error; Gen AI 'mission-creep'; extended systems downtimes; the velocity of technical disruption; more ...]

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It could happen to you — how to prepare for and mitigate the fallout from a cyberattack

09/03/24 at 03:00 AM

It could happen to you — how to prepare for and mitigate the fallout from a cyberattackMcKnight's Senior Living; by Kimberly Bonvissuto;8/28/24Everyone thinks they know about cybersecurity, but thinking about the effects a cyberattack could have on an organization should be enough to lose sleep over, according to risk management experts. ... Cybersecurity, at its core, is about confidentiality, integrity and availability, according to John P. DiMaggio, co-founder and CEO of Blue Orange Compliance, a risk assessment company. Including senior living in the definition of healthcare, he said that healthcare organizations are targets of cyber criminals because of their relatively weak defenses, the value of the data necessary for operations, and the numerous interfaces and sharing of information that occurs among providers. ... Reasonable security practices — considered the minimum — include risk analysis and management, access control measures, training, incident response planning, physical controls, technical safeguards, third party/vendor management, backup and disaster recovery and patch management. But DiMaggio recommended going above that minimum threshold by using recognized security practices to mitigate penalties and ensure regulatory compliance. Those practices, he said, include email and endpoint protection, access management, data loss prevention, asset and network management, vulnerability management, incident response, medical device security and cybersecurity policies.

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Optimizing patient data transfer processes in healthcare settings

08/01/24 at 03:00 AM

Optimizing patient data transfer processes in healthcare settings Healthcare Business Today; by Majed Alhajry; 7/28/24 Managing and transferring large and often sensitive datasets is a routine yet critical task for healthcare organizations. Practitioners and administrators regularly share substantial files containing sensitive personal health information (PHI) that must be sent not only securely and reliably, but also quickly. So how should healthcare organizations send large files? ... 

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Empowering patient access, protection, and choice: The 21st Century Cures Act eight years on

08/01/24 at 03:00 AM

Empowering patient access, protection, and choice: The 21st Century Cures Act eight years on Healthcare Business Today; by David Navarro; 7/26/24 The 21st Century Cures Act, signed into law in December 2016, marked a significant shift in the healthcare landscape by focusing on patient empowerment through enhanced access to medical records, stringent privacy protections, and increased choices in healthcare options. Eight years later, this landmark legislation continues to revolutionize the interaction between patients, providers, and the healthcare system. Recently, The U.S. Department of Health and Human Services (HHS) issued an updated ruling to the Act to establish penalties for healthcare providers who engage in information blocking. This rule, aims to deter practices that prevent or discourage the access, exchange, or use of electronic health information (EHI).

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Following the CrowdStrike outage, healthcare stresses the importance of prevention

07/31/24 at 03:00 AM

Following the CrowdStrike outage, healthcare stresses the importance of prevention HealthCare Brew; by Cassie McGrath; 7/25/24... [The recent CrowdStrike outage] affected millions across all sorts of industries, from healthcare to travel. ... However, amid the chaos, what has largely gone untold are stories of the companies that emerged unscathed. And within those unaffected companies lies a lesson for others, according to Andrew Molosky, president and CEO of Tampa-based Chapters Health System. ... “We’ve really focused on business continuity, redundancies, safety nets, and understanding of the difference between cybersecurity as a task and cybersecurity as a cultural commitment of your organization,” Molosky said. ... These investments, Molosky said, included protocols for documenting on paper, using a backup application that provides patient information when electronic medical records and other systems are offline, and allowances for bringing in personal devices to use if company devices go down. 

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HHS unveils major revamp to shift health data, AI strategy and policy under ONC

07/31/24 at 03:00 AM

HHS unveils major revamp to shift health data, AI strategy and policy under ONC Fierce Healthcare; by Emma Beavins; 7/25/24 The Office of the National Coordinator for Health Information Technology (ONC) has been renamed and restructured, the Department of Health and Human Services (HHS) announced [July 25]. The restructuring will affect technology, cybersecurity, data and artificial intelligence strategy and policy functions. The agency will be renamed the Office of the Assistant Secretary for Technology Policy and Office of the National Coordinator for Health Information Technology (ASTP/ONC). Head of ONC, Micky Tripathi, will hold the new title of assistant secretary for technology policy in addition to his title of national coordinator for health IT. ... Under ASTP, there will be an Office of Policy, an Office of Technology, an Office of Standards, Certification and Analysis and an Office of the Chief Operating Officer. 

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Baptist Health taps 3 vendors to build a population health system that works

07/29/24 at 03:00 AM

Baptist Health taps 3 vendors to build a population health system that works Healthcare IT News; by Bill Siwicki; 7/26/24With help from Oracle, Innovaccer and Salesforce, the South Florida provider is scoring big population health wins, including a 7% increase in coding gap closure rate and a 17% increase in annual wellness visit completion rates. Baptist Health South Florida operates a network of 11 hospitals covering four counties. It also includes numerous ambulatory facilities, urgent care centers and emergency departments to provide comprehensive healthcare services across the region. ... "One of our primary issues was the fragmented nature of patient data across multiple provider organizations and electronic health record systems," said Milady Cervera, vice president, population health and physician integrated networks, at Baptist Health South Florida. "This lack of interoperability made it difficult to gain a comprehensive view of our patients' health status, care history and ongoing needs. ..."

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Keeping staff members safe and sound by optimizing security technology

07/15/24 at 03:00 AM

Keeping staff members safe and sound by optimizing security technology Security; by Paul Sarnese; 7/12/24 Nobody wants to invest in technology, only to have it go the way of the stationary bike that sits unused in the corner of a room. That holds true for healthcare organization leaders who are looking to invest in staff safety alarm systems that can help avert potentially dangerous situations. With workplace violence against caregivers increasing 115% since 2021, many healthcare organizations are, indeed, looking to protect workers from harm — and to shield their organizations from resultant financial distress.Editor's Note: Workplace violence and staff safety continues to trend as a root cause for nursing and other healthcare strikes across the nation. Examine your organization's Incident Reports and QAPI initiatives. What needs to be addressed?

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Health systems oppose new cybersecurity rules

07/11/24 at 03:00 AM

Health systems oppose new cybersecurity rules Becker's Health IT; by Giles Bruce; 7/8/24 Health systems and industry trade groups are objecting to new cybersecurity reporting requirements proposed by the Cybersecurity and Infrastructure Security Agency. The recommended rule under the Cyber Incident Reporting for Critical Infrastructure Act of 2022 would, among other things, require covered entities to report cyberattacks within 72 hours and ransom payments within 24 hours. The proposal, which is estimated to cost the industry $1.4 billion, would exempt small and critical access hospitals.

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7 of the top tech and IT jobs in demand for the future

06/28/24 at 03:00 AM

7 of the top tech and IT jobs in demand for the future TechTarget; by David Weldon; 6/24/24 Businesses of the future will rely on workers with IT skills even more than they do today. Find out which jobs might be most in demand and what those roles entail. ... Organizations are having to create new tech roles and redefine existing ones to manage the integration of AI and data into core business functions. Meanwhile, cybersecurity continues to be a top concern, as do digital transformation and cloud computing. These challenges are increasing the demand for job roles that merge technical expertise with strategic business acumen. ... So, what will be some of the hottest IT jobs of the future? ... Roles are listed in alphabetical order. 

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Telemedicine and e-Health: May issue

06/26/24 at 03:00 AM

Telemedicine and e-Health: May issue Telemedicine and e-Health; Editor-in-Chief Charles R. Doearn, MBA, FATA and Executive Editor Karen Rheuban, MD, FATA; published monthly The leading peer-reviewed journal for cutting-edge telemedicine applications for achieving optimal patient care and outcomes. [Relevant titles include the following. These are included in this current May's print edition, many were previously published "online ahead of print."]

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Ransomware spikes after Change hack

06/18/24 at 03:00 AM

Ransomware spikes after Change hack Becker's Health IT; by Naomi Diaz; 6/13/24 Following Change Healthcare's admission that it paid off hackers after its ransomware attack, there has been a spike in healthcare-related cyber incidents, Wired reported June 12. In April, cybersecurity firm Recorded Future identified 44 instances of cybercriminal groups targeting healthcare organizations with ransomware attacks. These attacks involved stealing data, encrypting systems and demanding ransom payments while holding networks hostage. This marks the highest number of healthcare ransomware victims recorded in a single month during Recorded Future's four years of data collection, Allan Liska, a threat intelligence analyst at the company told Wired. 

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White House enlists Microsoft, Google for rural hospital cyberdefense

06/12/24 at 03:00 AM

White House enlists Microsoft, Google for rural hospital cyberdefense Becker's Health IT; by Naomi Diaz; 6/10/24 The Biden-Harris administration has secured commitments from Microsoft and Google to offer free and low-cost resources to rural hospitals nationwide to help them boost their cyber defenses. As part of the effort, Microsoft will be extending its nonprofit program to provide grants and up to a 75% discount on security products for independent critical access hospitals and rural emergency hospitals, according to a June 10 news release from the White House. Additionally, larger rural hospitals using eligible Microsoft solutions will also receive the most advanced security suite at no additional cost for one year. ... Meanwhile, Google committed to offering endpoint security advice to rural hospitals and non-profit organizations at no cost, alongside funding support for software migration. 

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5 things to know about the sorry state of healthcare cybersecurity

06/04/24 at 03:00 AM

5 things to know about the sorry state of healthcare cybersecurityMedCity News; by Katie Adams; 5/22/24Nitin Natarajan, deputy director at the Cybersecurity and Infrastructure Security Agency (CISA), shared some key ideas that people need to understand about the current state of cybersecurity in the healthcare industry.

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Newsweek's 24 best digital health records companies in the US

05/30/24 at 03:00 AM

Newsweek's 24 best digital health records companies in the US Becker's Health IT; by Laura Dyra; 5/24/24 Newsweek honored 24 health records companies among the top digital health companies in the U.S. for 2024. The publication worked with Statista to identify more than 400 companies worldwide to honor among the best digital health companies of the year. Companies were evaluated by financial performance, web and app traffic data and the impact of their product or service. [Click here for] the 24 health records companies Newsweek honored as part of the inaugural World's Best Digital Health Companies 2024 list. 

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Healthcare rethinks cybersecurity staffing as threats rise

05/30/24 at 03:00 AM

Healthcare rethinks cybersecurity staffing as threats rise Modern Healthcare; by Gabriel Perna; 5/28/24... Health systems and insurers are dealing with the aftermath of the industry’s latest large-scale ransomware attacks, ... Conversations are happening over whether organizations should be bringing in outside consultants or hiring more employees, executives say. ... In 2023, a record 133 million individuals were potentially affected by healthcare data breaches, according to the Health and Human Services Department's Office for Civil Rights breach portal. ... One of the biggest challenges healthcare organizations face in dealing with these threats is hiring qualified talent, according to a survey of cybersecurity professionals within the industry the Healthcare Information and Management Systems Society published in March.

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7 health systems hit by cybersecurity incidents in May

05/30/24 at 03:00 AM

7 health systems hit by cybersecurity incidents in May Becker's Health IT; by Naomi Diaz; 5/24/24 Several hospitals and health systems have reported cybersecurity incidents that have led to compromised patient data and IT systems during May. Here are seven cybersecurity incidents as reported by Becker's during May. [Click on the title's link for details.]

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HHS puts $50M toward hospitals' ransomware fight

05/23/24 at 03:00 AM

HHS puts $50M toward hospitals' ransomware fightBecker's Health IT; by Molly Gamble; 5/20/24A new agency within the National Institutes of Health is launching a $50 million initiative to develop tools for hospital IT teams that enhance their cybersecurity measures and resources to combat ransomware. On May 20, the Advanced Research Projects Agency for Health introduced its Universal PatchinG and Remediation for Autonomous DEfense, or UPGRADE, program. "What if every hospital could autonomously protect itself and patients from cyber threats?" That is the guiding question for the initiative, which aims to develop a tailored and scalable software suite of remediations and patches for hospitals, reducing the patching time for vulnerable healthcare products to days or weeks.

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Cybersecurity execs share healthcare's biggest vulnerabilities

05/22/24 at 03:00 AM

Cybersecurity execs share healthcare's biggest vulnerabilitiesModern Healthcare; by Brock E.W. Turner; 5/20/24A recent string of massive healthcare cybersecurity breaches has put data security leaders on edge. Recent incidents have shined a light on some of the most significant vulnerabilities at health systems. Here are four of the biggest, according to experts.

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Amazon seeks nonprofit healthcare, EHR expertise

05/16/24 at 03:00 AM

Amazon seeks nonprofit healthcare, EHR expertise Becker's Helath IT; by Laura Dyrda; 5/13/24 Amazon is looking to hire leaders with experience in nonprofit healthcare and EHRs, according to recent job postings on the tech giant's website. Amazon Web Services has a listing for "Senior Solutions Architect, Healthcare, Nonprofit Health, Nonprofit Healthcare" seeking an individual with a passion for helping nonprofit healthcare providers implement cloud computing solutions. ... [Amazon] is also hiring for an account executive focused on nonprofit healthcare and global nonprofit healthcare. The company is searching for a "proven business executive in the NP healthcare sector to lead and continue to expand the business with some of our most important healthcare customers and develop new customers across a targeted greenfield market."

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AHA, H-ISAC warn hospitals about Black Basta following Ascension cyberattack

05/15/24 at 03:00 AM

AHA, H-ISAC warn hospitals about Black Basta following Ascension cyberattack Healthcare IT News; by Andrea Fox; 5/13/24 Meanwhile, staff at the health system say they don't have paitent orders and can't page doctors. As it works to restore clinical systems, Ascension says it's working with law enforcement and sharing threat intelligence to help prevent similar attacks. The Health Information Sharing and Analysis Center issued a threat alert Friday about the Russia-backed ransomware group Black Basta, warning of its accelerated attempted attacks against the healthcare sector. Prompted by H-ISAC, the American Hospital Association also sent a cybersecurity advisory with technical mitigation recommendations to its members. ... 

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