TailorMed has secured $40 million in equity and debt financing to enhance its healthcare technology platform that facilitates medication access and affordability across the U.S. The investment, led by Windham Capital Partners, targets the critical issue that only 55% of U.S. adults can afford necessary healthcare, contributing to medical debt. With the nation's largest affordability network, TailorMed connects patients, providers, and pharmacies to streamline care and reduce costs, aiming to create a more efficient healthcare ecosystem while improving patient experiences and outcomes.

TailorMed Secures $40 Million to Revolutionize Medication Access and Affordability Business Wire

The rise in mergers and acquisitions (M&A) post-COVID-19 has underscored the vital role of cybersecurity in these transactions, as companies seek to strengthen their market positions while facing integration challenges. A key risk involves inheriting cybersecurity vulnerabilities from acquired entities, which can lead to significant financial and reputational damage, as exemplified by Verizon's acquisition of Yahoo. Challenges include merging disparate IT systems and security protocols, which can expose organizations to increased cyber threats. Reports of a rise in phishing attempts directed at acquired companies further highlight the importance of prioritizing cybersecurity during M&A. Companies are advised to conduct thorough cybersecurity assessments pre-acquisition and implement strong integration strategies post-acquisition to mitigate potential risks.

M&A Surge Post-Pandemic: Cybersecurity Risks Demand Urgent Attention Forbes

CISO professionals can now access specialized liability insurance designed to protect them from claims of negligence or inadequate performance, a coverage previously unavailable to them. This new policy, introduced by New Jersey-based insurer Crum & Forster, fills a critical gap in professional protection for CISOs, who are often held accountable for cybersecurity incidents despite varying circumstances. The coverage includes liability related to organizational consulting and pro bono IT security efforts, offering a financial safety net in light of the increasing scrutiny of CISOs following major security breaches and related lawsuits.

CISOs Gain Essential Liability Insurance to Combat Professional Risks Cyberscoop

Inefficiencies in healthcare practices hinder patient experiences, highlighting the need for more personalized care through smart processes and AI tools. Achieving such customization requires focusing on essential processes that prioritize quality data collection. Although electronic health records are widely adopted, the healthcare sector still struggles with effectively using patient data to enhance care, falling short of the personalization seen in other industries like retail. Robbie Hughes notes that redesigning and automating key care processes is critical for improving personalization, stressing the importance of leveraging patient data to tailor healthcare delivery.

Revolutionizing Healthcare: Harnessing AI for Personalized Patient Experiences Harvard Business Review

TailorMed has secured $40 million in equity and debt financing to enhance its healthcare technology platform that facilitates medication access and affordability across the U.S. The investment, led by Windham Capital Partners, targets the critical issue that only 55% of U.S. adults can afford necessary healthcare, contributing to medical debt. With the nation's largest affordability network, TailorMed connects patients, providers, and pharmacies to streamline care and reduce costs, aiming to create a more efficient healthcare ecosystem while improving patient experiences and outcomes.

TailorMed Secures $40 Million to Revolutionize Medication Access and Affordability Business Wire

The rise in mergers and acquisitions (M&A) post-COVID-19 has underscored the vital role of cybersecurity in these transactions, as companies seek to strengthen their market positions while facing integration challenges. A key risk involves inheriting cybersecurity vulnerabilities from acquired entities, which can lead to significant financial and reputational damage, as exemplified by Verizon's acquisition of Yahoo. Challenges include merging disparate IT systems and security protocols, which can expose organizations to increased cyber threats. Reports of a rise in phishing attempts directed at acquired companies further highlight the importance of prioritizing cybersecurity during M&A. Companies are advised to conduct thorough cybersecurity assessments pre-acquisition and implement strong integration strategies post-acquisition to mitigate potential risks.

M&A Surge Post-Pandemic: Cybersecurity Risks Demand Urgent Attention Forbes

CISO professionals can now access specialized liability insurance designed to protect them from claims of negligence or inadequate performance, a coverage previously unavailable to them. This new policy, introduced by New Jersey-based insurer Crum & Forster, fills a critical gap in professional protection for CISOs, who are often held accountable for cybersecurity incidents despite varying circumstances. The coverage includes liability related to organizational consulting and pro bono IT security efforts, offering a financial safety net in light of the increasing scrutiny of CISOs following major security breaches and related lawsuits.

CISOs Gain Essential Liability Insurance to Combat Professional Risks Cyberscoop

Inefficiencies in healthcare practices hinder patient experiences, highlighting the need for more personalized care through smart processes and AI tools. Achieving such customization requires focusing on essential processes that prioritize quality data collection. Although electronic health records are widely adopted, the healthcare sector still struggles with effectively using patient data to enhance care, falling short of the personalization seen in other industries like retail. Robbie Hughes notes that redesigning and automating key care processes is critical for improving personalization, stressing the importance of leveraging patient data to tailor healthcare delivery.

Revolutionizing Healthcare: Harnessing AI for Personalized Patient Experiences Harvard Business Review