Editor's Note Data collected from more than 1,300 hospitals nationwide for Kaufman Hall’s National Hospital Flash Report shows strong margins—averaging 3.9% in February—but does not account for significant, near-term headwinds, according to a March 28 article from HealthLeaders. Revenue growth is primarily from outpatient care, and inpatient revenue continues to…
Editor's Note The Department of Homeland Security's Cybersecurity and Infrastructure Security Agency (CISA) proposed a new rule that would require hospitals and health systems to report any cyberattacks or ransomware attacks to the agency within 72 hours and any ransomware payments within 24 hours. The healthcare sector is one of…
Editor's Note The recent cyberattack on Change Healthcare created a financial impact for the lion’s share of US hospitals surveyed recently by the American Hospital Association, with more than half reporting “significant or serious” impact and three of every four also reporting direct impacts on patient care. These data reflect…
Editor's Note In a March 9 Press release, CMS announced it will offer emergency funding for healthcare providers experiencing continued disruptions in the wake of a February 21 cyberattack on Change Healthcare, a subsidiary of UnitedHealthGroup and a major processor of medical claims. According to the release, CMS will extend…
Editor's Note Divisive cultural issues such as abortion, gender-related care, and disagreements over the COVID-19 pandemic will "amplify the health care sector's visibility as a potential target for attack" by domestic extremists, according to a March 4 ABC News report on a confidential memo issued by the Department of Homeland…
Editor's Note BlackCat, the ransomware group responsible for the cyberattack on UnitedHealth Group’s Change Healthcare received a $22 million payment in bitcoins, according to a post the group made online. Reutors reported the news March 4. Change Healthcare provides payment and revenue cycle management tools and is owned by UnitedHealth, the…
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…
Editor's Note Nationwide pharmacy delays and disrupted internal systems are among the effects of a February 21 cyberattack on Change Healthcare, one of the largest healthcare technology companies in the United States. Systems were immediately disconnected to protect partners and patients, the organization reports, and “all other systems across UnitedHealth…
Editor's Note Billing, records, appointment scheduling and other systems at Lurie Children’s Hospital were still offline a week after representatives of had to cancel a planned OR Business Management Conference presentation due to a cyberattack. According to a February 12 report from the Chicago Sun-Times, the January 31 cyberattack is…
Editor's Note: In a sophisticated new scheme, hackers are stealing the identity of hospital employees in financial roles—such as revenue cycle employees—and then reaching out to the hospitals’ IT help desk in order to reset passwords, receive access codes, and redirect funds. The American Hospital Association (AHA) sent out an…