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October 18, 2021 – 2:06 am |

Health informatics is a term that describes the acquisition, storage, retrieval and use of healthcare information to foster better collaboration among a patient’s various healthcare providers. Health informatics plays a critical role in the push toward healthcare reform.
Health informatics represents the intersection of information …

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Cybersecurity Concerns for Health Insurance

Submitted by on September 23, 2021 – 2:04 am
Cybersecurity Concerns for Health Insurance

Facing growing risks from cybersecurity threats, the health insurance industry in the United States is beefing up security. This news came to us from Fitch Ratings in their article, “Cyber Theft of Customer Data a Growing Risk for US Health Insurers.”

There are threats due to the increasingly sophisticated techniques used by cybercriminals amid the expansion of remote healthcare delivery and growing digitization of insurance transactions, clinical records and billing. Health insurers and related third parties that fail to inventory and protect sensitive customer information face increased financial, reputational, operational and regulatory risk from cyber attacks.

The pandemic-driven increase in adoption of remote healthcare services has led to improved access to care, which could benefit clinical outcomes and reduce insurance costs in the long term. However, this increased reliance on technology has also heightened exposure to third-party software systems and vendors.

Cybersecurity is a considerable administrative expense, but unavoidable given the growing frequency of attacks.

Melody K. Smith

Sponsored by Access Integrity, delivering advanced technology solutions for full and complete compliant processing of medical transactions to the healthcare industry.

Photo, https://pixabay.com/illustrations/icon-symbol-button-lock-security-6125345/

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