The average cost of a data breach reached a new record of $4.45 million in 2023, according to IBM’s latest Data Breach report. Why it matters: With data breach costs increasing, organizations must prepare better by understanding breach causes and the…
By Farah Yousry, KFF Health News In fall 2021, staffers at Johnson Memorial Health were hoping they could finally catch their breath. They were just coming out of a weeks-long surge of covid-19 hospitalizations and deaths, fueled by the delta variant. But…
The cost of medical malpractice insurance is surging in some locations, which the American Medical Association warns could threaten access to healthcare. The AMA report marks the fourth year of increased medical malpractice insurance premiums. In 2022, the AMA reported…
By Harris Meyer | Kaiser Health News Dr. Jacqui O’Kane took a job with a hospital in southern Georgia in 2020, as the lone doctor in a primary care clinic in a small town that’s a medically underserved area. She…
Insurance buyers are facing the hardest property market “in a generation,” an industry paper states, meaning buyers should expect to see increasing premiums. A white paper titled “Hard Market Cycle Arrives: Inflation, Natural Disasters, and More Straining Property Insurance Markets,”…
More healthcare organizations report experiencing ransomware attacks and say the attacks impact patient care. A survey by the Ponemon Institute discovered that nearly half (47%) of organizations experienced a ransomware attack in the past two fiscal years. With attacks continuing,…
Black box recorders used on every aircraft are transforming and migrating into hospital operating rooms. According to the Wall Street Journal, a technology that goes by the same name, OR Black Box, captures nearly everything in an OR during surgery….
When it comes to cybersecurity, multifactor authentication, along with hard-to-crack passwords, is crucial to prevent attacks. However, according to mobile security firm Lookout, “password,” “12345”, and “Qwerty123” are among the most commonly found passwords leaked on the dark web. And password security…
By Bram Sable-Smith, Kaiser Health News To crack down on [purported] price gouging, proposed legislation in Missouri calls for allowing felony charges against health care staffing agencies that substantially raise their prices during a declared emergency. A New York bill includes…
Deal advisers expect to see a surge in healthcare sector mergers and acquisitions in 2023, following a slowdown over the past year, according to reports. Health system M&A dipped in the second half of 2022 as hospitals addressed urgent challenges,…
