Bonus Features – February 19, 2023 – 80% of orgs collect SDOH data but struggle to make use of it, 2 in 3 cybersecurity pros say their orgs underestimate threats, and more

Bonus Features – February 19, 2023 – 80% of orgs collect SDOH data but struggle to make use of it, 2 in 3 cybersecurity pros say their orgs underestimate threats, and more

Welcome to the weekly edition of Healthcare IT Today Bonus Features. This article will be a weekly roundup of interesting stories, product announcements, new hires, partnerships, research studies, awards, sales, and more. Because there’s so much happening out there in healthcare IT we aren’t able to cover in our full articles, we still want to make sure you’re informed of all the latest news, announcements, and stories happening to help you better do your job.
Surveys
A survey of 2,600 AHIMA members found that about 80% of healthcare organizations are collecting social determinants of health data. The bad news: Organizations face multiple challenges…

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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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Indian healthcare chiefs doubt their cybersecurity capability: report

Indian healthcare chiefs doubt their cybersecurity capability: report

A new survey report in India has gauged the stances of healthcare leaders on their use of technology in an effort to yield operational efficiencies, enhance service delivery, and improve health outcomes. More than 50 respondents, who are mostly chief executives of multi-site hospitals based in metropolitan cities, were polled by Grant Thornton Bharat and the Association of Healthcare Providers (India) in the said report titled “Technology transformation for future-ready healthcare.”
FINDINGS
The survey revealed that around eight in 10 respondents are increasing their digital and technology budget in the next 12 months. One major area of investment is 5G technology, which is noted for…

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Healthcare systems could face new DPRK ransomware tactics

Healthcare systems could face new DPRK ransomware tactics

Government agencies from the United States and the Republic of Korea are highlighting new ransomware tactics they’ve seen, which they say are used to conceal the affiliation of Democratic People’s Republic of Korea hackers working to stage attacks against U.S. and South Korean healthcare organizations and critical infrastructure.WHY IT MATTERS
The new cybersecurity advisory, Ransomware attacks on critical infrastructure fund DPRK malicious cyber activities, details both North Korea’s historically and recently observed tactics, techniques and procedures and indicators of compromise.
The additional observed TTPs “span phases from acquiring and purchasing infrastructure to concealing DPRK affiliation,” according to the United States National Security Agency, the Federal…

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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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NextGen Healthcare hit by BlackCat ransomware

NextGen Healthcare hit by BlackCat ransomware

The group, also known as ALPHV and suspected to be a successor to BlackMatter, has demanded ransoms as high as $1.5M with affiliates keeping 80-90%, according to the Office of Information Security at U.S. Health and Human Services and the Health Sector Cybersecurity Coordination Center.WHY IT MATTERS
The Russian ransomware group allegedly attacked the EHR vendor NextGen on January 17, The Washington Post reported on Monday. 
“The company says it doesn’t look like the hackers obtained any client data or patient data,” according to the Post.
Healthcare IT News reached out to NextGen for comment and will update this story if it responds.
Claiming responsibility, BlackCat “put…

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Episode 10: A Look at the  Proposed HIPAA Changes

Episode 10: A Look at the Proposed HIPAA Changes

In this episode of Health+Tech, Andrea Lee Linna and Jonathan Ishee are joined by fellow McGuireWoods digital health team member Michael Paluzzi to discuss proposed HIPAA changes that may require covered entities and business associates to overhaul their HIPAA policies and procedures in 2022.After providing a high-level overview of the proposed changes, the podcast turns to a live recording of Andrea and Jonathan’s recent webinar, “Preparing for Major HIPAA Changes in 2022,” offering in-depth details about the proposed changes and how to prepare for them in the new year….

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Episode 9: Digital Health Trends and Issues for Life Sciences Companies

Episode 9: Digital Health Trends and Issues for Life Sciences Companies

In this episode of Health+Tech, McGuireWoods healthcare attorneys Janice Suchyta, Kate Hardey, Kae Gruner and Royce DuBiner discuss the latest digital health updates from the Food and Drug Administration and Federal Trade Commission. Join the conversation as we wrap up Cybersecurity Awareness Month and discuss the following topics:• FDA draft guidance on electronic health records and medical claims data• FDA new resource for approved artificial intelligence/machine learning medical devices• FDA Digital Health Center of Excellence• FTC rules for health apps outside of HIPAA…

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Episode 8: Telehealth Barriers During Covid-19

Episode 8: Telehealth Barriers During Covid-19

In this episode of Health+Tech, McGuireWoods healthcare partner Janice Suchyta talks to Michele Satterlund, senior vice president in the state government relations practice of McGuireWoods Consulting and a partner with McGuireWoods, on the emergence of telehealth, particularly during the pandemic. They also look at how telehealth is evaluated state by state and discuss the need for uniform best practices….

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Episode 7: Houston Ready to Become the Third Coast for Biotechnology

Episode 7: Houston Ready to Become the Third Coast for Biotechnology

In this episode of Health+Tech, McGuireWoods healthcare partner Janice M. Suchyta talks to Donna Chang, founder and CEO of Hope Biosciences. Donna discusses how Texas — particularly Houston — is making a name for itself in biotechnology by attracting research funding, supporting premier academic medical centers and welcoming investment by major pharmaceutical companies. Hope Biosciences, a stem cell biotechnology company that has flourished as part of the biotech cluster in the Houston area, is helping to make Texas the third coast for biotechnology….

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