The Growing Threats of Cyberattacks on Healthcare Organizations
The Growing Threat of Cyberattacks
The healthcare industry is frequently targeted by cybercriminals, and the risks are becoming even more severe. In 2020, one of the largest cybersecurity attacks on the healthcare industry targeted Universal Health Services (UHS). The ransomware attack disrupted their operations for weeks, costing the organization an estimated $67 million in damages and lost revenue. This breach not only affected patient care but also caused reputational damage and significant financial losses.
Compliance & Cybersecurity: Safeguarding Your Medical Practice's Revenue
The landscape of Revenue Cycle Management (RCM) is evolving rapidly, and healthcare providers are facing mounting challenges. From rising regulatory complexities to the increasing threat of cyberattacks, practices must navigate these hurdles while maintaining their financial health.