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BDO's Fall 2019 Cyber Threat Report: Focus on Healthcare Print E-mail
Written by BDO   
Saturday, 02 November 2019 08:09

The global healthcare industry is different from many other industries and faces some unique challenges, because it directly affects human life. This gives the security of the healthcare industry special importance, knowing that a person entrusts his or her personal details, private life, sometimes their financial information, and ultimately their well-being with the companies in the sector. The healthcare industry has seen a sharp rise in cyberattacks over the last three years, especially those using ransomware, business email compromise (BEC) and distributed denial-of-service (DDoS). The insurer Beazley found that healthcare led all other industries in attacks and breaches during 2018, with more than double the second-highest industry. Organizations face an uphill battle in protecting against an increasingly sophisticated array of threats from cybercriminals, hacking groups, nation-state actors and even their own staff. In BDO's latest report, we explore what these threats mean for healthcare, specifically:
  • Best practices for healthcare cybersecurity
  • Analysis of major industry attacks: How did they happen? Are there any lessons that can be learned?
  • Ways to protect the healthcare industry via threat-based cybersecurity 
Last Updated on Thursday, 28 November 2019 10:24
 
The Real Cost of the Opioid Epidemic: An Estimated $179 Billion In Just 1 Year Print E-mail
Written by Selena Simmons-Duffin | NPR   
Thursday, 24 October 2019 00:00

There's a reckoning underway in the courts about the damage wrought by the opioid crisis and who should pay for it. Thousands of cities and counties are suing drugmakers and distributors in federal court. One tentative dollar amount floated earlier this week to settle with four of the companies: $48 billion. It sounds like a lot of money, but it doesn't come close to accounting for the full cost of the epidemic, according to recent estimates - let alone what it might cost to fix it. Of course, there's a profound human toll that dollars and cents can't capture. Almost 400,000 people have died since 1999 from overdoses related to prescription or illicit opioids. Since 2016, the number of opioid deaths per year rivals or has exceeded the number from traffic accidents. These are lives thrown into chaos, families torn apart - you can't put a dollar figure on those things. But the economic impact is important to understand. The most recent estimate of those costs comes from the Society of Actuaries and actuarial consulting firm Milliman in a report published this month.

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AMA, MGMA to Congress: Don't hand power to insurers in surprise billing fix Print E-mail
Written by FHI's Week in Review   
Monday, 21 October 2019 17:06

Joanne Finnegan reports for Fierce Healthcare on Oct. 17, 2019:

Congress' attempt to solve the surprise billing resolution has turned into a battle between providers and insurers. More than 100 physician organizations fired the latest volley, urging Congress in a letter released Thursday not to turn more power over to health insurers. The groups, which represent hundreds of thousands of physicians, asked Congress to find a balanced approach as members hammer out legislation to solve the surprise medical bill issue that has resulted in patients receiving unexpected bills, sometimes for hundreds of thousands of dollars, for care they received by out-of-network providers.

Read more in the current issue of Week in Review>>
 
Vaping Related Illness Now Has a Name: EVALI Print E-mail
Written by FHI's Week in Review   
Monday, 14 October 2019 16:42

Megan Thielking reports for STAT on Oct. 11, 2019:

The vaping-related condition that has sickened hundreds of people has a new name: EVALI, or e-cigarette or vaping product use-associated lung injury. The new name, noted Friday in newly issued guidance for clinicians from the Centers for Disease Control and Prevention, is a sign of the rapidly evolving investigation into the illness, which has sickened 1,299 people across 49 states, Washington, D.C., and the U.S. Virgin Islands. The case count has continued to climb week after week. 

Read more in the current issue of Week in Review>>

Last Updated on Saturday, 16 November 2019 12:23
 
Why Hospitals Are Getting Into the Housing Business Print E-mail
Written by FHInews   
Tuesday, 08 October 2019 16:18

Markian Hawryluk reports for KHN on 10.4.19:

Legally and morally, hospitals cannot discharge patients if they have no safe place to go. So patients who are homeless, frail or live alone, or have unstable housing, can occupy hospital beds for weeks or months - long after their acute medical problem is resolved...To address the problem, hospitals from Baltimore to St. Louis to Sacramento, Calif., are exploring ways to help patients find a home.

"Hospitals are facing higher costs, lower reimbursements and shrinking profit margins; this is true especially for the safety net hospitals," states Eneida O. Roldan, MD, MPH, MBA, CEO, FIU Health Care Network. Meanwhile, the Emergency Medical Treatment and Active Labor Act (EMTALA), passed in 1986, requires every hospital that accepts payment from Medicare to provide adequate treatment to everyone regardless of ability to pay. "It is usually the uninsured and underinsured that delay care and hence arrive in emergency rooms with multiple morbidities that lead to admissions," according to Dr. Roldan. "Prolonged length of stay is usually the case for these patients and today's hospitals have woken to the fact that it is cost efficient and humane to care for these patients outside the hospital walls."

Last Updated on Tuesday, 08 October 2019 16:32
 
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