Morning Headlines 2/16/23

Morning Headlines 2/16/23

February 15, 2023 Headlines No Comments CPSI Announces Fourth Quarter and Full Year 2022 Results
CPSI reports Q4 results: revenue up 12%, adjusted EPS $0.61 versus $0.58, beating analyst expectations for both.
Cyber attack exposes personal data of approximately 1 million Community Health Systems patients
Hospital management company Community Health Systems (TN) begins notifying patients of a cyberattack on its third-party cybersecurity vendor Fortra, which may have exposed patient information.
CommonSpirit Health Releases FY2023 Q2 Financial Results
CommonSpirit Health reports a $474 million Q2 operating loss, some of which it attributes to the October ransomware attack that took its systems offline for nearly a…

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5 Biggest Healthcare MVP Challenges

5 Biggest Healthcare MVP Challenges

The healthcare industry currently faces many challenges, from meeting ever-changing patient demands to dealing with cyberattacks. The demand for efficient and secure IT solutions has never been greater. Healthcare MVPs are becoming increasingly popular as they offer a cost-effective way to bring innovative solutions to the market. However, they come with their own set of challenges to overcome.

Healthcare organizations need to develop products that meet the needs of their patients while providing a safe environment. We know that MVP is a great way to start because it gives you the opportunity to validate your idea fast, test the market…

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Cyberattack round-up: Financial warnings and new threats to hospitals

Cyberattack round-up: Financial warnings and new threats to hospitals

Hospital financial ratings remain vulnerable to cyberattack fallout, according to a new assessment from Fitch Ratings. Meanwhile, hacktivists and ransomware gangs are recycling ransomware strains, and hacker affiliates are offering bigger payouts. Those are just a few of the healthcare cybersecurity trends we’re watching this week.Coordinated KillNet DDoS attacks highlight potential for ratings dips
Fitch Ratings says the recent coordinated distributed denial-of-service attacks on hospital websites such as ChristianaCare’s aren’t likely to drive any downgrades at this time, but cyberattacks that compromise service and affect a hospital’s financial profile could.
Last week the pro-Russian hacktivist group KillNet, known for its DDoS attacks on critical infrastructure in nations supporting…

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