Editor's Note Hospitals’ financial outlook is stable, although growth is slowing and certain costs are projected to increase, particularly for cybersecurity, according to two recent Becker’s reports on data from Moody’s Investor Services. The first, published November 14 in Becker’s Hospital CFO Report, notes that “hospitals are facing a stable…

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Editor's Note A November 13 report from The Government Accountability Office (GAO) identifies critical gaps in the Department of Health and Human Services' (HHS) ability to manage cybersecurity risks in the healthcare and public health sector. HHS, the lead federal agency for cybersecurity in this sector, faces challenges in monitoring…

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Editor's Note Healthcare industry groups are calling for the federal government to streamline and ease the recently proposed cybersecurity incident reporting rule by the Cybersecurity and Infrastructure Security Agency (CISA), Fierce Healthcare reported July 8. According to the report, CISA's proposal imposes enhanced reporting requirements for critical infrastructure entities, including…

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Editor's Note The Centers for Medicare & Medicaid Services (CMS) has announced assistance for providers affected by the Change Healthcare cyberattack ends next month. According to the June 17 announcement, payments under the Accelerated and Advance Payment (AAP) Program for the Change Healthcare/Optum Payment Disruption (CHOPD) will end July 12,…

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Editor's Note Microsoft and Google announced they will offer free or discounted cybersecurity services to rural hospitals in the U.S. to help protect against cyberattacks, CNN reported on June 10. According to the article, Microsoft will provide free security updates, assessments, and staff training, while Google will offer free cybersecurity…

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Editor's Note Hospital head counts and budgets reflect a growing emphasis on cybersecurity, according to a recent Moody’s Investment Service report. As detailed in an April 25 report in Becker’s Health IT, the Moody’s report is based on data from 148 healthcare organizations, 77% of which are hospitals. Cybersecurity team…

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Editor's Note The ransomware group behind a recent cyberattack on one of the nation’s largest health systems has its sights set on hospitals, the FBI and the Department of Health and Human Services (HHS) warned February 27. According to a report in Chief Healthcare Executive one day later, systems were…

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Takeaways • Patient data & safety are at risk: 94% of hospitals have experienced at least one cyberattack. • Less than half of hospitals in the US carry cybersecurity insurance. • Security is a two-part strategy: cybersecurity insurance as well as preventative measures (eg, encrypted backups, patches, and training). When…

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