American medical care costs have gone up, and that’s reportedly helped inflation remain high. Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase since October 2010, The Wall Street Journal (WSJ) reported Thursday (May 16), citing data from the U.S. Department of Labor. The...
In response to a recent cyberattack that exposed the data of 100 million Americans, the Biden administration reportedly intends to require hospitals to meet minimum cybersecurity standards. Deputy National Security Advisor for Cyber and Emerging Technology Anne Neuberger said Thursday (May 9) at the Bloomberg Tech Summit...
American healthcare providers may see their credit hurt following the recent cyberattack on UnitedHealth. That’s according to ratings agency Moody’s, whose projections were cited in a Sunday (March 10) report by Seeking Alpha. Late last month, an attack by the hacker group Blackcat/ALPHV on UnitedHealth unit Change Healthcare’s insurance...
In response to a cybersecurity breach that has disrupted the U.S. healthcare system, the federal government has taken action to support hospitals and healthcare providers impacted by a hack at UnitedHealth Group’s technology unit, Change Healthcare. The attack, orchestrated by the Blackcat ransomware group and...
January 21, 2021
The healthcare industry continues to be on high alert and many hospitals are operating increasingly close to maximum capacity. Elective procedures typically handled at the hospital have not returned to pre-pandemic levels, and healthcare organizations continue to feel the effects and incur losses from the reduced volume. “I think the most [financially] at risk are […]
May 26, 2020
There is scarcely an aspect of life that has not been thoroughly disrupted by the COVID-19 pandemic. The crisis has also dramatically exposed the degree to which consumers, employers and...
April 21, 2020
Benjamin Franklin famously noted that an ounce of prevention is worth a pound of cure — a lesson the U.S. medical industry has learned the hard way. Over the last...
September 30, 2019
We all know the drill. After receiving treatment at a hospital (whether an in-and-out affair, such as an MRI, or a multi-day stay in a room), the insurance notices and...
July 19, 2024
Hospitals are reportedly among the organizations being hit hard by the Microsoft system outage that began Thursday (July 18). A survey of hospitals around the world found that many are delaying procedures and finding manual workarounds for tasks that are normally done digitally, Bloomberg reported Friday (July 19). Without the digital systems they normally use, hospitals […]
May 16, 2024
American medical care costs have gone up, and that’s reportedly helped inflation remain high. Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase since October 2010, The Wall...
May 09, 2024
In response to a recent cyberattack that exposed the data of 100 million Americans, the Biden administration reportedly intends to require hospitals to meet minimum cybersecurity standards. Deputy National Security...
March 10, 2024
American healthcare providers may see their credit hurt following the recent cyberattack on UnitedHealth. That’s according to ratings agency Moody’s, whose projections were cited in a Sunday (March 10) report by Seeking Alpha....
