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4 Keys to Manage Third-Party Cybersecurity Risk

October marks Cybersecurity Awareness Month, a global campaign dedicated to educating individuals, businesses and institutions about the importance of online safety. For health care leaders, this is an important month to raise awareness in this area, particularly since the frequency and sophistication of cyber incursions into health care have increased steadily.

Shared Risk May Be Key to Future Growth Opportunities

COVID-19 has taken a catastrophic financial toll on health care providers, with an estimated $202.6 billion loss between March and June for hospitals alone. This precipitated a sectorwide downgrade by Moody’s and FitchRatings from stable to negative. Innovation within this context may mean more shared-risk opportunities vs. traditional vendorbuyer relationships, notes Andy Shin, chief operating officer for the AHA’s Center for Health Innovation, in a recent blog.